Total Systems sign contract with Capita for Ultima insurance platform

Total Systems plc (”Total”) are delighted to announce the signature of an umbrella contract under which the first purchase order has been signed off with a value of £2.6M including licence fees of at least £1.05M payable over the minimum eight year term of the contract. This order relates to phase 1 of the first development under this contract. Following signature Total’s customer, Capita Insurance Services (”Capita”), have gone live with Principle Insurance Holdings on Total’s customer-centric insurance platform, Ultima. Capita has selected Ultima as their strategic platform for General Insurance, with speed of implementation being a significant factor in the decision making process.

Ultima has proved to be a reliable, efficient and flexible platform for many insurers’ businesses across a number of products and multiple distribution channels.

Terry Bourne, Chairman and CEO of Total said “this has been a fantastic project to be involved in. Sharia-compliant insurance products are new to the UK market and the experience has resulted in our consultants being well versed in the nuances of Sharia-compliant systems. It is testament to the flexibility of the platform that it can be adapted to meet such complex and challenging products and processes”

ENDS

For further information, please contact:

Mark Grant
Business Development Manager
020 7294 4860
mark.grant {at} totalsystems.co(.)uk

Note for editors:

About Total Systems

Total Systems [LSE Symbol; TTS] offers a comprehensive range of software, support and expertise to the insurance sector. Total Systems’ Ultima product is a client-driven, SOA compliant insurance and warranty system used to manage personal and commercial insurance and warranty products, from quotation through to claims and accounting.

In addition to delivering cost-effective, robust, solutions, Total Systems’ provides the necessary consultancy, training and support to ensure that its clients get the maximum return on their investment.

About Capita

The Capita Group Plc is the UK’s leading provider of integrated professional
support service solutions. The Group’s service capabilities encompass customer services, financial services, human resource services, software services, systems and strategic support and property services delivered to both public sector and private organisations. With over 29,000 employees at more than 300 offices across the UK, Ireland and India, Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE100 with revenues for 2007 of £2,073 million.

Further information on The Capita Group Plc can be found at: http://
www.capita.co.uk

Capita Insurance Services is the UK’s leading provider of business support services to the insurance industry offering professional services, operational solutions and strategic partnerships for insurers, brokers, affinities, corporates, government and the London market. The company is an FSA authorised representative and supports the complete insurance lifecycle from claims reception and policy administration, to specialist services including legal services, medical evidence services, complex loss adjusting, supply chain management and the delivery of fully-managed operational solutions both onshore and offshore. Ranked No.1* for customer service in the Insurance Services market in three consecutive years, Capita Insurance Services administers in excess of £12bn insurers’ liability and employs more than 4,400 staff across an integrated network of UK business centres. www.capitainsuranceservices.co.uk