SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

TCS bags £250m deal with Unisys insurance unit buy

02 Sep 2010 Evaluate

The acquisition of Unisys Corporation’s insurance business, Unisys Insurance Services Ltd (UISL), by Tata Consultancy Services’ UK subsidiary Diligenta could help India’s largest IT firm’s revenue from insurance sector to take off.

 

Diligenta was formed in 2006 after TCS won a 12-year contract worth over $850 million from UK-based insurance firm Pearl Group (now Phoenix Group) and included transfer of over 1,000 staff and management of over 4 million policies from the Pearl group, making it the second-largest life and pension outsourcing company in the UK after Capita.

 

As part of the UISL acquisition, TCS gets an incremental business of £250 million. UISL, too, serves Phoenix Group besides a South African firm Old Mutual. With this buy, Diligenta administers five million life and pensions policies.

crackcrack

TCS Share Price

2488.75 -35.60 (-1.41%)
13-Apr-2026 11:09 View Price Chart
Peers
Company Name CMP
TCS 2488.75
Infosys 1276.80
HCL Tech. 1424.85
Wipro 202.35
Tech Mahindra 1435.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×