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WNS to Manage Apollo’s ‘Fast Start’ Solutions for New Lloyd’s of London Syndicates

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WNS Holdings (NYSE: WNS) has announced a strategic multi-year engagement with Apollo, an insurance group at Lloyd's of London. WNS will power Apollo's 'Fast Start' strategic partner syndicate program, providing comprehensive technology and business services for new Lloyd's market entrants.

The partnership encompasses end-to-end insurance and finance administration services, controls management, and management reporting. WNS will leverage its deep domain expertise in insurance and the Lloyd's market to help Apollo accelerate the launch of new syndicates and provide a flexible, scalable operating model.

With WNS supporting over 70 global insurers and having established expertise with over 10 Lloyd's and London market clients, this collaboration aims to enhance operations, deliver data-led insights, improve customer experiences, and ensure regulatory compliance for Apollo's syndicate clients.

WNS Holdings (NYSE: WNS) ha annunciato un impegno strategico pluriennale con Apollo, un gruppo assicurativo di Lloyd's di Londra. WNS supporterà il programma 'Fast Start' del syndicate partner strategico di Apollo, fornendo servizi tecnologici e commerciali completi per i nuovi partecipanti al mercato di Lloyd's.

La partnership comprende servizi di amministrazione dell'assicurazione e delle finanze dall'inizio alla fine, gestione dei controlli e reporting gestionale. WNS sfrutterà la sua profonda esperienza nel settore assicurativo e nel mercato di Lloyd's per aiutare Apollo ad accelerare il lancio di nuovi syndicate e fornire un modello operativo flessibile e scalabile.

Con WNS al supporto di oltre 70 assicuratori globali e una comprovata esperienza con oltre 10 clienti del mercato di Lloyd's e di Londra, questa collaborazione mira a migliorare le operazioni, fornire intuizioni basate sui dati, migliorare l'esperienza dei clienti e garantire la conformità normativa per i clienti del syndicate di Apollo.

WNS Holdings (NYSE: WNS) ha anunciado un compromiso estratégico a varios años con Apollo, un grupo de seguros en Lloyd's de Londres. WNS potenciará el programa de sindicato de socios estratégicos 'Fast Start' de Apollo, proporcionando servicios tecnológicos y comerciales integrales para los nuevos participantes en el mercado de Lloyd's.

La asociación abarca servicios de administración de seguros y finanzas de extremo a extremo, gestión de controles e informes de gestión. WNS aprovechará su profunda experiencia en el sector de seguros y en el mercado de Lloyd's para ayudar a Apollo a acelerar el lanzamiento de nuevos sindicatos y proporcionar un modelo operativo flexible y escalable.

Con WNS apoyando a más de 70 aseguradoras globales y una experiencia establecida con más de 10 clientes del mercado de Lloyd's y Londres, esta colaboración tiene como objetivo mejorar las operaciones, ofrecer insights basados en datos, mejorar la experiencia del cliente y asegurar el cumplimiento normativo para los clientes de sindicato de Apollo.

WNS 홀딩스 (NYSE: WNS)가 런던 로이드의 보험 그룹인 Apollo와 전략적 다년 계약을 체결했다고 발표했습니다. WNS는 Apollo의 'Fast Start' 전략적 파트너 신디케이트 프로그램을 지원하여 신규 로이드 시장 참가자를 위한 종합 기술 및 비즈니스 서비스를 제공합니다.

이번 파트너십은 보험 및 금융 관리 서비스의 시작부터 끝까지, 통제 관리 및 관리 보고를 포함합니다. WNS는 보험 및 로이드 시장에 대한 깊은 전문성을 활용하여 Apollo가 새로운 신디케이트 출범을 가속화하고 유연하고 확장 가능한 운영 모델을 제공할 수 있도록 지원할 것입니다.

WNS는 70개 이상의 글로벌 보험사와 협력하고 있으며 10개 이상의 로이드 및 런던 시장 고객과 확립된 전문성을 가진 이 협업은 Apollo의 신디케이트 고객을 위해 운영을 향상하고 데이터 기반 통찰력을 제공하며 고객 경험을 개선하고 규제 준수를 보장하는 것을 목표로 합니다.

WNS Holdings (NYSE: WNS) a annoncé un engagement stratégique pluriannuel avec Apollo, un groupe d'assurances chez Lloyd's de Londres. WNS alimentera le programme de syndicat de partenaires stratégiques 'Fast Start' d'Apollo en fournissant des services technologiques et commerciaux complets pour les nouveaux entrants sur le marché de Lloyd's.

Le partenariat englobe des services d'administration d'assurance et de finance de bout en bout, la gestion des contrôles et le reporting de gestion. WNS s'appuiera sur son expertise approfondie dans le domaine de l'assurance et du marché de Lloyd's pour aider Apollo à accélérer le lancement de nouveaux syndicats et à fournir un modèle opérationnel flexible et évolutif.

Avec WNS soutenant plus de 70 assureurs mondiaux et ayant une expertise avérée avec plus de 10 clients du marché de Lloyd's et de Londres, cette collaboration vise à améliorer les opérations, à fournir des informations basées sur les données, à améliorer l'expérience client et à garantir la conformité réglementaire pour les clients des syndicats d'Apollo.

WNS Holdings (NYSE: WNS) hat eine strategische Mehrjahresvereinbarung mit Apollo, einer Versicherungsgruppe bei Lloyd's in London, bekannt gegeben. WNS wird das 'Fast Start'-Programm von Apollo für strategische Partner-Syndicate unterstützen und umfassende Technologie- und Geschäftsdienstleistungen für neue Teilnehmer am Lloyd's-Markt bereitstellen.

Die Partnerschaft umfasst die vollständige Verwaltung von Versicherungs- und Finanzdienstleistungen, Kontrollen und Managementberichterstattung. WNS wird seine umfassende Fachkenntnis im Bereich Versicherung und dem Lloyd's-Markt nutzen, um Apollo zu helfen, die Einführung neuer Syndicate zu beschleunigen und ein flexibles, skalierbares Betriebsmodell bereitzustellen.

Mit WNS an der Seite von über 70 globalen Versicherern und einer etablierten Expertise bei über 10 Lloyd's- und London-Markt-Kunden zielt diese Zusammenarbeit darauf ab, die Betriebsabläufe zu verbessern, datenbasierte Erkenntnisse zu liefern, das Kundenerlebnis zu verbessern und die Einhaltung regulatorischer Anforderungen für die Syndicate-Kunden von Apollo zu gewährleisten.

Positive
  • Strategic multi-year engagement with Apollo expands WNS's presence in Lloyd's of London market
  • Partnership leverages WNS's existing expertise with 70+ global insurers and 10+ Lloyd's market clients
  • Comprehensive service offering including technology, business services, and operational support
Negative
  • None.

Insights

The strategic partnership between WNS and Apollo marks a significant expansion of WNS's footprint in the prestigious Lloyd's of London insurance market. This multi-year engagement has several compelling implications for WNS's business trajectory and market positioning:

The deal's strategic value stems from three key factors:

  • It positions WNS as a primary enabler for new Lloyd's market entrants, creating a recurring revenue stream from syndicate setup and ongoing management services
  • The partnership leverages WNS's existing relationships with 10+ Lloyd's market clients, potentially creating network effects and additional business opportunities
  • The comprehensive service offering, combining technology solutions and business services, creates high switching costs and stable, long-term client relationships

The timing is particularly advantageous as Lloyd's market continues its modernization efforts and digital transformation initiatives. WNS's ability to provide data-led insights and automation capabilities aligns perfectly with Lloyd's strategic priorities, potentially making this partnership a catalyst for capturing increased market share in the London insurance market.

For investors, this represents a strategic expansion into high-value services within the insurance sector, with potential for margin expansion through scalable technology solutions and operational efficiencies. The partnership also strengthens WNS's competitive moat in the specialized Lloyd's market segment, where barriers to entry are traditionally high due to complex regulatory and operational requirements.

NEW YORK & LONDON & MUMBAI, India--(BUSINESS WIRE)-- WNS (Holdings) Limited (NYSE: WNS), a digital-led business transformation and services partner, today announced a strategic multi-year engagement with Apollo, an innovative integrated insurance group focused on providing products and services to clients, brokers, and capital partners at Lloyd’s.

As part of the engagement, WNS will enable Apollo’s ‘Fast Start’ strategic partner syndicate program, providing solutions for new Lloyd's of London market entrants including comprehensive technology and business services across concept design, launch, and ongoing management. With WNS’ deep domain capabilities across insurance and the Lloyd’s market, Apollo will be able to accelerate the launch of new syndicates and provide a flexible and scalable operating model in support of their ongoing run operations.

WNS’ team of industry experts will also provide support for end-to-end insurance and finance administration services, controls management, and management reporting to enable innovation, automation, and new capabilities as the syndicates grow.

“WNS’ Lloyd’s of London expertise, coupled with our advanced technology and analytics capabilities, has enabled us to enter into this relationship with Apollo to deliver end-to-end setup and managed services for new syndicates. WNS looks forward to working with Apollo to enhance and streamline operations, deliver data-led actionable insights, enable superior customer experiences, and ensure regulatory compliance for its syndicate clients,” said Keshav R. Murugesh, Group CEO, WNS.

Andrew Gray, Syndicate Partnerships Director at Apollo, said, “Our syndicate partners choose Apollo because they want to work with an underwriting business that understands what it takes to be successful at Lloyd’s. Our partnership with WNS means that they can also now benefit from WNS’ market leading technology and data solutions, in addition to their depth of skilled London Market resource. These two elements combined make Apollo’s syndicate partnership offering truly unique at Lloyd’s and the natural choice for innovative businesses looking to create a successful syndicate at Lloyd’s.”

WNS works with more than 70 global insurers, re-insurers, brokers and InsurTech firms to ensure they succeed in a rapidly changing business environment by improving risk mitigation, reducing indemnity spending, enhancing customer experience, and lowering service costs. WNS has a differentiated position in the UK insurance market, including deep domain expertise established by supporting over 10 Lloyd’s and the London market clients.

About Apollo

Apollo is an innovative integrated insurance group dedicated to providing high quality products and services to clients, brokers, and capital partners at Lloyd’s. They offer insurance products across Property, Casualty, Marine, Energy & Transportation, Specialty, Reinsurance and Smart Follow divisions through Syndicate 1969. Through Syndicate 1971, they offer digital & embedded risk programmes.

Apollo’s Strategic Partner Syndicates supports new Lloyd’s entrants from initial concept to full managing agency services. For more information, visit www.apollounderwriting.com

About WNS

WNS (Holdings) Limited (NYSE: WNS) is a digital-led business transformation and services partner. WNS combines deep domain expertise with talent, technology, and AI to co-create innovative solutions for over 600 clients across various industries. WNS delivers an entire spectrum of solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of December 31, 2024, WNS had 63,390 professionals across 66 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, Malaysia, the Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the United Kingdom, and the United States.

For more information, visit www.wns.com or follow us on Facebook, Twitter, LinkedIn, and Instagram.

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.

Investors:

David Mackey

EVP – Finance & Head of Investor Relations

WNS (Holdings) Limited

+1 (646) 908-2615

david.mackey@wns.com

Media:

Archana Raghuram

EVP & Global Head – Marketing & Communications

WNS (Holdings) Limited

+91 (22) 4095 2397

archana.raghuram@wns.com; pr@wns.com

Apollo CONTACT:

Media:

Haggie Partners

Peter Rigby, Caroline Klein, Bec Seaton

+ 44 20 7562 4444

apollo@haggiepartners.com

Source: WNS (Holdings) Limited

FAQ

What services will WNS provide to Apollo's Fast Start program?

WNS will provide comprehensive technology and business services, including end-to-end insurance and finance administration, controls management, and management reporting for new Lloyd's of London market entrants.

How many insurance clients does WNS currently serve globally?

WNS works with more than 70 global insurers, re-insurers, brokers and InsurTech firms, including over 10 Lloyd's and London market clients.

What is the scope of WNS's new partnership with Apollo?

The partnership involves enabling Apollo's 'Fast Start' strategic partner syndicate program, accelerating the launch of new syndicates, and providing a flexible and scalable operating model for ongoing operations.

How will this partnership benefit Apollo's syndicate clients?

Syndicate clients will benefit from WNS's market-leading technology and data solutions, skilled London Market resources, enhanced operations, data-led insights, improved customer experiences, and regulatory compliance support.

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