Overview

• The renewed pact is valued at Rs 5,642 crore, or about €550 million, over seven years according to a TCS exchange filing.
• TCS will create a unified, digital-first operating model that consolidates Tryg’s functions across Denmark, Sweden and Norway.
• The initiative will apply cloud and AI to automate core processes, enhance delivery capability and improve customer experience.
• Tryg’s chief executive said the engagement is a key step toward the insurer’s 2027 target to simplify and scale the business.
• The extension builds on a partnership of more than 15 years and leverages TCS’s three-decade Nordic presence with over 20,000 regional employees.