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Tieto signs outsourcing agreement with insurance company Folksam in Sweden

21 March 2017

Folksam and Tieto continue to develop their partnership with an outsourcing agreement under which Tieto takes over the responsibility for Folksam’s IT operations in Östersund, Sweden. The agreement includes that Folksam IT operations employees in Östersund will be offered employment within Tieto. This will further strengthen Tieto's position in the Swedish market and will add valuable expertise in application management and consulting services.

Tieto will be responsible for several IT-systems and provide consultancy services to Folksam. The cooperation strengthens Tieto's offerings in IT development for the insurance industry and expanding its presence in Östersund.

– We are delighted to further enhance our cooperation with Folksam and look forward to welcoming new employees to our office in Östersund. This will strengthen Tieto with long-sought-after capabilities that will enable to further develop our offerings in both application services and consulting services, says Per Johanson, Executive Vice President, Financial Services, Tieto.

With this agreement Folksam can continue to optimise and further develop its business, while the continuous services are secured by Tieto.

– Our aim is to have the insurance and savings industry's most satisfied customers, which requires us to have efficient IT operations that evolve over time. We choose to outsource operations to a reliable company in the industry that is already established in Östersund. This will ensure that our employees get a reliable employer, says Gunnar Fröderberg, CIO, Folksam.

For more information, please contact:

 Per Johanson, Executive Vice President, Financial Services, Tieto
+46 76 821 2029, per.johanson[at]

Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems.

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