TCS opens North America insurance hub in Iowa

Tata Consultancy Services opened a North America insurance hub in Iowa after it took over 800 employees as part of its $2.5 billion deal with insurer Transamerica.

The insurance hub is based in Cedar Rapids and TCS has automatically become one of the largest employers in the city.

“As a top employer, we have been attracting the best local talent across the U.S. and are proud to welcome more than 800 Iowans to our workforce. We look forward to partnering with the state, city and local organizations to improve economic, workforce and social outcomes for the community.” Suresh Muthuswamy, President and Global Head, Banking, Financial Services and Insurance Platforms, TCS, said in a statement.


TCS said it has invested nearly $3 billion in the U.S. over the past three years and is among the top two job creators in IT services in the country.