Question: Which of the following IT Company of the country has recently signed contracts worth more than USD 2 billion with American insurance company Trans America?
(a) Wipro
(b) TCS
(c) Tech Mahindra
(d) Infosys
Answer: (b)
Related Facts:
- On January 12th, 2018, Tata Consultancy Services (TCS), the country’s largest information technology company, announced the contract with the American insurance company Trans-America.
- TCS has received a contract worth more than USD 2 billion from this American insurance company.
- This is the biggest contract TCS has done so far.
- TCS will change the US Company’s insurance and digital structures of the annual allowance business under the agreement.
- With this partnership, Trans-America will be able to intensify its digital capabilities and it will be able to simplify the company’s more than 10 million dollars policies and integrate into a modern platform.
- TCS will provide valuable administrative and quality customer services under this multi-year agreement.
- Along with this contract, TCS has entered the third party administration marketplace of insurance sector with US specialization.
Reference:
http://www.thehindu.com/business/tcs-bags-over-2-billion-deal-from-us-insurance-group-transamerica/article22427511.ece
http://www.livemint.com/Companies/YKceCNhtKrkSctDJ61558O/TCS-bags-over-2-billion-deal-from-US-insurance-group-Transa.html
https://www.ndtv.com/business/tata-consultancy-services-tcs-wins-2-billion-plus-deal-from-us-insurer-1799162