TCS adds 400-plus Transamerica employees in Florida as part of $2bn deal

Will invest in 2,200 jobs across multiple locations in US

Tata Consultancy Services (TCS) on Wednesday, rebadged 430 former Transamerica employees to their Florida workforce, as part of its $2 billion deal with Transamerica to transform the administration of its US insurance and annuity business lines. 

TCS will occupy several floors of Transamerica’s building at 570 Carillon Parkway in St Petersburg, as part of a multi-year agreement with Transamerica to rapidly enhance its digital capabilities, simplify the service of more than 10 million policies into an integrated modern platform, and drive growth opportunities through customer service. More than 430 former Transamerica employees now work for TCS at this new St.