TCS Signs €550 Million, Seven-year Deal with Scandinavia’s Tryg For Tech Transformation

Tata Consultancy Services Ltd. on Tuesday said it has signed a seven-year agreement worth €550 million (around ₹56 billion) with Scandinavia-based non-life insurer Tryg. The deal aims to simplify and standardise operations across Tryg’s three main markets and drive its digital transformation.

TCS said it will deploy its AI and cloud solutions to automate core processes, enhance delivery, and improve customer experience, while creating a unified digital-first operating model. The IT firm noted it has been a strategic partner to Tryg for over 15 years.