TCS expands deal with M&G Prudential and contract now worth over $1.2 billion - Feedback

Tata Consultancy Services said it has expanded its deal with M&G Prudential that will take the deal value to over $1.2 billion in 10 years.

In January, TCSNSE 1.95 % had announced a $690 million deal with the insurer to move the administration of 4 million customer policies to the IT company. The deal has been expanded to include an additional 1.8 million contracts and is worth an additional $668 million over the term of the contract. “Earlier this year, we embarked on a journey to digitally transform and provide an enhanced service for M&G Prudential customers”.

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