Mumbai, Maharashtra, India and New York, United States
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced an agreement with Sompo Canopius, a top ten global specialty (re)insurer. WNS is partnering with Sompo Canopius to support the development of the business across a number of back and middle office operational functions.
“This exciting partnership furthers our industry-leading position in high-end global insurance BPM. We are delighted to have been chosen to partner with such a prestigious member of the Lloyd’s, London and global insurance markets,” said Keshav R. Murugesh, Group CEO, WNS.
Stephen Manning, Group COO, Sompo Canopius, commented, “WNS has a track record of supporting transformation in complex insurance businesses, and has the breadth and depth of expertise and experience we require for our operations. We look forward to a productive, long-term partnership.”
A leader in delivering insurance BPM solutions across the globe, today WNS manages services from simple transactions to mission-critical, judgment-based processes. WNS’ solutions are underpinned by deep domain expertise, technology and automation, and high-end analytics.
About Sompo Canopius
Sompo Canopius is a global specialty (re)insurer which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., one of the top three Japanese insurers with a market share in Japan of 28%. This company is a subsidiary of Sompo Japan Nipponkoa Holdings, Inc. (“Sompo Holdings”) which is listed on the Tokyo Stock Exchange (No. 8630). Sompo Canopius has underwriting operations in the UK, Netherlands, Switzerland, Bermuda, US and Singapore. It underwrites through Lloyd’s Syndicate 4444 (managed by Canopius Managing Agents limited); a US surplus lines insurer, Canopius US Insurance, Inc.; and a Zurich-based reinsurance company, Sompo Japan Canopius Reinsurance AG. The group offers specialist insurance and reinsurance across property; marine, energy & engineering; political risks & crisis management and casualty, accident & health lines.
WNS (Holdings) Limited (NYSE: WNS), is a leading global business process management company. WNS offers business value to 200+ global clients by combining operational excellence with deep domain expertise in key industry verticals including Insurance, Banking and Financial Services, Travel, Manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare and Utilities. WNS delivers an entire spectrum of business process management services such as finance and accounting, customer care, technology solutions, research and analytics and industry specific back office and front office processes. As of March 31, 2016, WNS had 32,388 professionals across 40 delivery centers worldwide including China, Costa Rica, India, Philippines, Poland, Romania, South Africa, Sri Lanka, United Kingdom and the United States. For more information, visit www.wns.com.
Safe Harbor Provision
This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.