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NYSE-listed business process management (BPM) company WNS (Holdings) has won a strategic contract from the newly-formed Convex Group, a specialty insurer based in the UK and Bermuda.
The financials terms of the contract were not disclosed.
As per the deal, Convex Group has appointed WNS as a long-term strategic partner to provide insurance BPM services. WNS will provide processing support in re-insurance domain to design, build and implement a target operating model, the company said in a statement.
Keshav R Murugesh, Group CEO, WNS said, “This is indeed a proud moment for our combined teams and a culmination of the focused efforts and collaboration, towards co-creating a unique end-to-end ‘Insurance in a Box’ product solution and unique value proposition for the Convex Group. We are delighted to have been chosen as the strategic partner by the Convex Group.”
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