According to an exchange filing on September 2, 2025, Tata Consultancy Services (TCS) has signed a €550 million, seven-year contract with Tryg, one of Scandinavia’s largest non-life insurers. The deal builds on their 15-year partnership and aims to modernize Tryg’s IT landscape across Denmark, Sweden, and Norway.
Scope of Work
Under the agreement, TCS will manage application development, infrastructure services, cybersecurity, and end-user support, while also introducing AI and cloud-based solutions to automate processes and improve customer service. The project is expected to consolidate fragmented IT systems, reduce operational costs, and speed up the rollout of new digital products.
Strategic Alignment
The initiative supports Tryg’s “United Towards 27” roadmap, which focuses on simplifying operations, integrating past acquisitions, and building capacity for new digital offerings in the Nordic insurance market.
TCS in the Nordic Region
TCS has operated in the region for more than 30 years, employing over 20,000 professionals who serve clients across Denmark, Sweden, Norway, and Finland. Its collaboration with Tryg has already spanned 15 years, strengthening its footprint in the Scandinavian IT services market.
Summary
TCS has secured a €550 million digital transformation contract with Tryg to be executed over seven years. The project will streamline IT operations, introduce AI-driven automation, and create a unified digital operating model for Tryg across Denmark, Sweden, and Norway. This deal not only extends TCS’s long-standing partnership with Tryg but also reinforces its position as a leading IT services provider in the Nordic region.
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