Master Services Agreement secured with AonSource: RNS
2 June 2020
Blancco Technology Group PLC
("the Group" or "Blancco")
Master Services Agreement secured with Aon
Blancco wins contract with global professional services firm
Blancco Technology Group (AIM: BLTG), the industry standard in data erasure and mobile device diagnostics, is pleased to announce that it has entered into a multi-year Master Service Agreement ("MSA") with an Aon Group Company ("Aon"), a leading global professional services firm providing a broad range of risk, retirement and health solutions.
Aon's EMEA Affinity business will use the technology that Blancco acquired as part of the acquisition of Inhance Technology ("Inhance") announced in July 2019 as a component of its digital transformation strategy for insurance distribution.
Following an extensive selection process, Aon identified Blancco as the industry leader in on-board device diagnostics technology. For Aon's technology strategy, diagnostics play a vital role in profiling the specification and operating condition of Internet-connected devices, enabling a wealth of applications for risk pricing, service onboarding, personalisation of offers and fraud management. With a commitment to enhancing digital distribution, Aon's global Data & Analytic Services team will support Affinity clients operating at scale, with program performance, customer propensity, and device lifecycle management analysis to drive customer engagement and revenues.
Matt Jones, Chief Executive Officer of Blancco, commented:
"This is an excellent example of how our proprietary technology obtained through the acquisition of Inhance can be used by channel partners. Since acquiring Inhance in 2019, we have been confident that its technology can support mobile insurance distribution and we are delighted to have so rapidly commercialised this market-leading technology solution. We are excited at the roll out of its new product in the months ahead."
Gonzalo Torres de Arcos, Head of Telecom, Media & Technology, Affinity, EMEA at Aon, added:
"Using Blancco has contributed greatly to Aon's platform proposition for Affinity clients. Our sponsors can leverage Aon's investments in technology, a crucial component of our foundational data and analytics capabilities, to accelerate the digital transformation of their operating models. Under the agreement, international deployment is already underway in Europe and Asia and we look forward to working with Blancco across the globe."
For further information:
Blancco Technology Group plc
Matt Jones, Chief Executive Officer
Adam Moloney, Chief Financial Officer
Buchanan Communications Limited
Chris Lane / Stephanie Watson / Charlotte Slater
+44 (0) 20 7466 5000
Blancco Technology Group plc is a leading global provider of mobile device diagnostics and secure data erasure solutions. For more information, please visit www.blanccotechnologygroup.com.
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