Tata Consultancy Services (TCS) has signed a multiyear transformation and managed services agreement with Canada Life, a leading global life and pensions insurer, to modernise the company’s IT infrastructure services across its European businesses, the company said in a statement on Monday.
Data centres, end-user computing, and software lifecycle in scope
Under the agreement, TCS will leverage its AI and digital capabilities to modernise and manage Canada Life’s data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation aims to improve operational resilience, increase automation, and enhance user experience.
The programme aims to deliver high-quality, cost-effective, performance-driven IT services while helping Canada Life accelerate its technology strategy and achieve stronger business outcomes.
TCS to build talent across UK, Ireland, Isle of Man, and Germany
As part of the agreement, TCS will build its talent across infrastructure services in the UK, Ireland, the Isle of Man, and Germany, and will invest in new learning, certification, and career development opportunities.
Caroline Dibbs, Chief Information and Transformation Officer, Europe, Canada Life, said: “Working with TCS marks the next stage of our journey to modernise the technology foundations that underpin our business, and it was important to choose a partner that understands our long-term vision and shares our commitment to people and innovation. TCS brings deep technical expertise, strong transformation capabilities and a collaborative approach that aligns well with our strategy. Together, we will deliver lasting improvements to the technology services and capabilities that support our business and the people who depend on it.”
Vinay Singhvi, Head, UK and Ireland, TCS, said: “We are delighted to be selected as the strategic partner for Canada Life’s technology modernisation journey across the UK and Europe. This co-operation is a testament to our leadership in AI-led transformation, marking a significant step on our journey to becoming the world’s largest AI-led technology services company. By leveraging our deep domain expertise, we will help Canada Life achieve greater operational efficiency, enhance resilience, and create a more agile, responsive IT ecosystem to support their long-term growth.”
TCS: $30 billion in revenues, presence across 56 countries
TCS has a proven track record of enabling digital transformation for leading insurance, life, and pensions providers across the UK and Europe. The company generated consolidated revenues of over $30 billion in the fiscal year ended March 31, 2026, and operates across 56 countries with 194 service delivery centres worldwide.
