Wipro wins $100m deal from Munich Re | In the News
Wipro has won a $100 million, five-year integrated outsourcing contract from German reinsurer Munich Re that involves infrastructure management services and application development. TCS was the other major contender for the deal.
Jimit Arora, who leads US-based advisory Everest Group’s IT services research practice, said he has witnessed increased investments from insurers in trying to drive end-to-end transformation of their technology estates.