New seven-year contract for additional services incorporates support for merged operations.
Aon Benfield will transfer further operational work to Xchanging. The new contract is for seven years and is an extension to Aon’s existing contract with Xchanging for insurance broking services. This additional outsourcing is in support of the December 2008 merger between Aon Re Global and Benfield.
Stewart McCulloch, Head of Xchanging UK, said: “We are delighted that Xchanging has been chosen to support Aon Benfield. This agreement confirms the significant attractions of our broking processing platform established in 2006 and reinforces Xchanging’s position as the leading provider of outsourced commercial insurance services”.
Xchanging provides complex industry specific processing services to the banking and insurance industries as well as procurement, finance and accounting, and human resources services across industries.