India, March 27 -- The 10-year agreement will enhance policy administration through advanced digital solutions

Wipro Limited has secured a £500 million, 10-year strategic deal with Phoenix Group, the UK's largest long-term savings and retirement business. This collaboration aims to modernize life and pension business administration for the ReAssure business while accelerating Phoenix Group's operational transformation.

"This milestone engagement will transform Phoenix Group's operations with AI, cloud, and automation."

- Omkar Nisal, CEO - Europe, Wipro Limited

Under the deal, Wipro Financial Outsourcing Services Limited (WFOSL) will deliver comprehensive services, including policy administration, claims processing, customer serv...