PALO ALTO, CA--(Marketwire - Mar 8, 2013) - HP (
"Becoming a top-tier, coast-to-coast insurance company requires system quality and stability," said Kory Jensen, vice president, IT Operations, AAA Northern California, Nevada & Utah Insurance Exchange. "The HP team provides stable applications and mainframe operations while also adding resource flexibility we need to support our growth."
Under the terms of the contract, HP will continue augmenting AAA NCNU IE's staff to maintain applications and administer databases in support of membership, policies, claims and other business operations.
AAA NCNU IE also will continue using HP Data Center Services and other infrastructure services from HP in support of the firm's daily operations. HP will continue to host and manage AAA NCNU IE's mainframe computers with services that include maintenance, monitoring and business continuity. These services allow AAA NCNU IE to concentrate on providing excellent insurance products and services to its growing customer base.
"Technology is a key accelerator and enabler," said Bruce Pearce, vice president and general manager, U.S. Financial Services and Canada, HP. "The HP team will continue to use its proven technology expertise to maintain a robust, flexible technology environment that supports the company's growth goals."
HP's premier Americas client event, HP Discover, takes place June 11-13 in Las Vegas.
About AAA Northern California, Nevada and Utah Insurance Exchange
AAA Northern California, Nevada & Utah Insurance Exchange (also known as the California State Auto Group) offers automobile, homeowners and other personal lines of insurance to AAA members through partnerships with AAA clubs in 23 states and the District of Columbia. It is one of the largest personal lines insurance companies in the United States and is rated A+ by A.M. Best.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
- Investment & Company Information