Friday, 24 March, 2023

TCS wins deal expansion with Phoenix Group, to take over employees

<p>TCS has expanded its deal with European life insurance company Phoenix Group to transform Standard Life Assurance and will also take over some of its employees as a part of the deal. Under the deal, TCS will create technology and operational hub in Edinburgh and will administer as many as 10 million policies for the phoenix group. The transformation is expected to take approximately three years to complete with employees transferring to TCS by the end of that period.</p>