March 27, 2025 admin Leave a reply Post Comment

Wipro wins $650-million deal from UK insurer Phoenix Group

IT major Wipro on March 26 announced that it has secured a 10-year strategic deal worth approximately $650 million with Phoenix Group, the UK’s largest long-term savings and retirement business.

“The project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group’s operational transformation

These services will encompass Policy Administration, Claims Processing, Customer Service Support, Data Management and Reporting, Compliance and Regulatory Support, as well as Platform Technologies.

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Wipro wins $650-million deal from UK insurer