Bangalore: Hazell Carr and Progeon today (Jan 30, 2004) announced the formation of a strategic alliance that will offer corporations in the life and pensions market in the UK a unique value proposition, according to an official press release.

Together, Hazell Carr and Progeon will also offer clients an integrated onshore/offshore outsourcing option, under which work can be performed at locations of both companies, which are best suited for the client, the release said.

The alliance will provide customers in the country the dual advantage of Hazell Carr's domain knowledge and experience in this space, as well as Progeon's strong technology expertise and process disciplines, the release said

Announcing the decision, chairman of Hazell Carr, David Carr said, "We are impressed with Progeon's superiority in technology and business solutions and their ability to respond quickly and innovatively to customer's needs. The strength of their delivery model, which enables us to provide our clients with high quality on-site/off-shore policy administration at competitive prices was yet another feature that attracted us to Progeon. Together, I am sure, we will be able to offer our clients a unique proposition," according to the release.

Describing the business model created by the partnership with Hazell Carr, Akshaya Bhargava, CEO, Progeon said, "This is a fundamentally different model from what is available in the market today. The combination of world-class process skills, deep domain knowledge and a best shore operations model has unique benefits and far reaching implications for UK customers. We look forward to working with Hazell Carr," the release said.