STOCKHOLM, Sweden, Feb. 6, 2002 (PRIMEZONE) -- The IT and management consultancy HiQ has made a breakthrough into the insurance sector with an assignment to develop a Nordic system for a client within finance & insurance.
The assignment will involve 10-15 of HiQ's consultants for a period of just over two years.
"We are very proud of winning this contract, which is a clear sign that HiQ stands for quality and has a good reputation in the market. The assignment represents a breakthrough into a new sector and is our first big insurance contract," says Patrik Boman, Managing Director of HiQ Stockholm.
"The system is a modern three-layer solution with a strong link between business and new technology," says Boman.
"HiQ has been working on the development of systems for the financial sector since 1996. We have capability in respect of technology, business and communication as well as long experience of developing real-time systems offering high performance and security. That makes us a strong partner for our clients in finance & insurance," says Lars Stugemo, CEO of HiQ International.
HiQ has diversified its customer base over the past year with an increased share of assignments in new sectors such as industry, energy, medicine and the public sector.
"The new assignment shows that our strategy of transferring competence between different sectors is working well. We aim to continue developing our strategy and to take on more work in new sectors during the year," says Stugemo.
HiQ is an IT and management consultancy that focuses on high tech solutions in the fields of communication and simulation technology. The company is a leader in these fields, and the Nordic region is its domestic market. HiQ employs some 450 people at offices in Sweden, Norway, Denmark and Finland. HiQ is listed on the Stockholm Exchange. For more information, please visit www.hiq.se
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