Business
Contract Extension with Chubb
Contract Extension with Chubb.
About this update from Supply@me Capital Plc
[{"type":"text","content":"\n RNS Number : 0869P Imaginatik PLC 19 March 2009 \n \n19 March 2009\nImaginatik Plc\n('Imaginatik' or the 'Company')\n\nImaginatik Expands Innovation Software Contract with Chubb\n\nImaginatik plc (AIM: IMTK), a leading provider of cost reduction, process improvement and collaborative innovation software and processes, is pleased to announce it has signed a contract extension with The Chubb Corporation (NYSE: CB), the major global provider of property and casualty insurance products and services. \n\nChubb is now using Imaginatik's core software, Idea Central, to capture and help develop innovative business ideas throughout its workforce. Chubb also is using the online software tool to collaborate with suppliers, agents and brokers on the development of innovative products, services, cost savings and other concepts.\n\n'Chubb has long been a leader in developing innovative products and services that help our customers manage emerging risks. We are always investing in new tools and processes that facilitate collaboration on innovative concepts across our enterprise,' said Jon Bidwell, senior vice president of global innovation for Chubb. 'Using Idea Central, we recently held a successful global innovation event, which is helping spur the development of insurance products and services that meet previously unaddressed needs.'\n\nMark Turrell, CEO of Imaginatik plc, commented, 'We are delighted to be able to announce another significant contract win in 2009. This extension with Chubb is an excellent example of Imaginatik's growing ability to expand its customer relationships and provides strong evidence that Idea Central facilitates collaboration among internal stakeholders and external suppliers, agents and partners in the innovation process.' \n\nFor further information please contact: \n\n\n\n\n\nImaginatik plc\n\n\nTel: 020 7917 2975\n\n\n\n\nMark Turrell, CEO / Shawn Taylor, CFO\n\n\n\n\n\n\n\nWH Ireland Limited\n\n\nTel: 0121 265 6330\n\n\n\n\nTim Cofman / Katy Birkin\n\n\n\n\n\n\n\nICIS\n\n\nTel: 020 7651 8688\n\n\n\n\nCaroline Evans-Jones / Mike Smith\n\n\n\n\n\n\n\n\nAbout Chubb\n\nThe Chubb Corporation is a holding company for a family of property and casualty insurance companies informally known as the Chubb Group of Insurance Companies. The multi-billion dollar organization provides...