Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has announced the expansion of its long-standing partnership with Tryg, one of Scandinavia’s largest non-life insurance companies operating across Denmark, Sweden, and Norway. The two companies have signed a new seven-year deal worth €550 million, aimed at driving comprehensive digital transformation and supporting Tryg’s growth vision.
Under the agreement, TCS will play a central role in simplifying and standardising Tryg’s IT operations across its three major markets. The company will integrate advanced AI and cloud-based solutions to enhance delivery, automate core processes, and significantly improve customer experiences. By taking full ownership of application development, IT infrastructure, cybersecurity, and end-user services, TCS will support Tryg’s “United Towards 27” strategy, which focuses on building a scalable, modern, and future-ready digital ecosystem for its six million customers.
This transformation will also see TCS introduce a unified digital-first operating model, consolidating functions that were previously fragmented across different regions. The initiative is expected to improve scalability, accelerate time-to-market for new solutions, and optimise operational costs, ensuring a sustainable and efficient IT landscape for the insurer.
TCS and Tryg share a partnership that spans more than 15 years, during which TCS has supported several key transformation milestones for the insurer. With deep contextual knowledge of the Nordic insurance market, TCS has consistently delivered innovative solutions that align with Tryg’s long-term goals. This latest engagement will further strengthen the company’s ability to withstand technological disruptions and foster resilience in a highly competitive market.
