Media
Aon Benfield signs outsourcing contract with Xchanging
11 Mar 2009
London, 11 March 2009 – Aon Benfield, the world's premier reinsurance intermediary and capital advisor, has announced that it will transfer further operational work to Xchanging, the global business processor. 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".
About Aon Benfield
Aon Benfield is the world's premier reinsurance intermediary and capital advisor, providing clients with integrated capital solutions and services. The company offers clients access to every traditional and alternative market in the world, through an international network of offices spanning over 50 countries and more than 4,000 professionals. Its worldwide client base is able to access the broadest portfolio of integrated capital solutions and services, world-class talent, unparalleled global reach and local expertise to best meet their business objectives. Aon Benfield is the industry leader in treaty, facultative and capital markets transactions.
About Xchanging
Xchanging is a fast growing, pure play global business processor with blue chip customers. We provide complex industry specific processing services to the banking and insurance industries as well as procurement, finance and accounting, and human resources services across industries.
For further information please contact:
For Aon Benfield:
David Bogg
Aon Benfield, London
Telephone: +44 (0)20 7522 4016
Email: david.bogg@aonbenfield.com
For Xchanging:
Tulchan Communications
David Allchurch
Stephen Malthouse
Telephone: 020 7353 4200
Email: xchanging@tulchangroup.com