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Informative

Wipro Wins $650 Million Deal from British Insurer Phoenix Group

Update / Judgement Date

26 Mar 2025

Source

Reuters

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate Law & GovernanceFinancial ManagementInsurance

Wipro secured a 10-year contract worth 500 million pounds ($645.4 million) from British insurer Phoenix Group for administering its ReAssure business, focusing on life and pension management. This deal enhances Wipro's presence in the UK market.