11:27 AM
1,000 ING U.S. Employees Moving to Cognizant
Teaneck, N.J.-based IT, consulting and outsourcing company Cognizant and New York-based insurer ING U.S. have teamed up to create what the companies call a "center of excellence for insurance and finance business process services."
Cognizant will hire 1,000 ING employees in North Dakota- and Iowa-based offices to staff the center. It will purchase the Minot, N.D. office and sublease the Des Moines, Iowa one to "[provide] business and workplace continuity for ING U.S. customers and the employees who will transition to Cognizant," the companies say in a statement.
"We are pleased to partner with ING U.S. to launch our U.S.-based business process services center of excellence for the insurance and finance industries," said Gordon Coburn, President of Cognizant, in a statement. "We look forward to welcoming ING U.S.'s employees to Cognizant and working with this highly talented group of individuals."
"While this expanded relationship represents job continuity for our transitioned employees, it also allows us to focus on our ultimate mission—providing the retirement, investment management and insurance solutions that help our clients meet their financial needs," adds Rob Leary, President and Chief Operating Officer of ING U.S., in the statement.
Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio