India’s Tata Consultancy Services (TCS) said on Tuesday it is expanding by 15 years its partnership with Aviva to “transform” the UK-based based insurance, wealth, and retirement business company’s business and customer experience.
Financial details of the deal were not disclosed but industry experts said it could be a significant one for TCS, which provides information technology (IT) services. The two companies have worked together for some 20 years.
The scope of work will expand to cover more than 5.5 million policies, to be managed by Diligenta, TCS’s subsidiary in the UK, on behalf of Aviva.
“Extending this strategic partnership will improve how we serve our customers, further simplify our operations and support our growth ambitions. It will allow us to rationalise our systems and improve efficiency, bringing significant benefits for our customers and the business,” said Doug Brown, chief executive officer for insurance, wealth & retirement, Aviva.