Diligenta, a leading Business Process Outsourcing (BPO) provider in the UK and a subsidiary of Tata Consultancy Services (TCS) has announced the major business wins with Phoenix Group and Old Mutual International following the transfer of Unisys Insurance Services's (UISL) UK life & pensions services business to Diligenta.
Diligenta's new contract with Phoenix Group has been extended by an additional six years until 2018 and both contracts will generate 250 million in revenue for the company over that period, reinforcing Diiigenta's position as one of the largest BPO providers in the UK.
Diligenta will begin delivering the services currently provided to UISL's clients with effect from 01 September 2010. Diligenta was selected as the preferred bidder following a rigorous selection process by UISL's largest client, Phoenix Group.
The company made this announcement during the trading hours today, 01 September 2010.