Zensar Technologies has been selected by Tesco Insurance and Money Services (Tesco IMS) to lead a comprehensive digital transformation initiative. This collaboration aims to establish a cloud-first ecosystem, enhance scalability, and improve customer experiences.
On March 28, 2025, Zensar Technologies share price opened at ₹691.05, up from its previous close of ₹688.25. At 9:34 AM, the share price of Zensar Technologies was trading at ₹696.75, up by 1.24% on the NSE.
Zensar will modernise Tesco IMS’s infrastructure, network, application hosting services, and contact center operations. Additionally, the company will assist in the technology carve-out from Tesco Bank, following the sale of its banking operations to Barclays UK.
As Tesco IMS transitions into a standalone entity, Zensar will implement regulatory controls specific to the insurance industry and drive operational efficiencies. The modernisation efforts will simplify processes and ensure compliance with industry standards, positioning Tesco IMS for sustainable growth.
The CEO and Managing Director of Zensar Technologies, Manish Tandon, said, “Tesco Insurance and Money Services has a very exciting vision for their business, and we are delighted to have won their trust and confidence in delivering this critical transformation. As Tesco IMS undertake this complex journey, our carefully crafted target operating model underpinned by solutions relevant to Tesco IMS context will deliver a responsive, market-ready and customer-centric service”.
Robert Jamieson, Chief Information Officer, Tesco Insurance and Money Services, said, “We’re excited to be partnering with Zensar to modernise our end-end infrastructure, network and application hosting services and contact centre. This technology will help build out our new platforms and tooling across our IT infrastructure whilst refreshing Cloud and Security landscapes operated by Zensar, which will lead to a highly efficient operating model.”
He further added, “Zensar will be operating this with a focus on reliability, security and providing a class-leading service to better support our customers and colleagues with a real-time view of our technology and business systems to support our ambitious growth plans.”
This partnership underscores Zensar’s expertise in cloud and digital transformation, reaffirming its role in enabling businesses to adopt future-ready technology solutions.
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Published on: Mar 28, 2025, 12:02 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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