Press Release
XCHANGING SIGNS DEAL WITH AON AUSTRALIATo support the creation of an expanded servicing capability for Aon Australia
LONDON, 09 September 2010 - Aon Australia, part of the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting has engaged the services of Xchanging plc (LSE:XCH), one of the largest and fastest growing global business processors, to support the creation of an expanded servicing capability for Aon Australia.
Xchanging will help to build infrastructure to support the growth of Aon's business nation-wide. This project expands the scope of work Xchanging currently does for Aon across the world as its global processor of choice and complements the workers' compensation claims management business in the region.
Xchanging provides insurance claims processing and technical accounting and settlement services to Aon Benfield and Aon Risk Services in the UK as well as claims services to Aon Benfield in the US. Xchanging also provides services to Aon Consulting in both the UK and the US.
Commenting on the deal, Steve Nevett, CEO, Aon Australia said, "In Xchanging we have found an organisation that understands our business and brings the expertise and global best-practice to expand our servicing capability".
David Andrews, Chief Executive Officer, Xchanging added, "This project expands on the scope of work we currently do for Aon across the world as their global processor of choice. We are delighted that Aon Australia has chosen Xchanging as a strategic partner for this important project and we look forward to delivering the innovation that our customers expect from Xchanging".
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For further information, please contact:
Xchanging
Meeta Thareja Tel: +44 (0)20 7780 5374
meeta.thareja@xchanging.com
UK - Cardew Group Tel: +44 (0)20 7930 0777
xchanging@cardewgroup.com
About Xchanging
Xchanging is one of the largest and fastest growing business processors. With a wide range of multinational customers in 42 countries and employing over 8,000 people, we are a truly global company. Our aim is simply to provide business processing services better, cheaper and faster.
Xchanging provides procurement, accounting, human resources and technology services across industries. These include banking, insurance, manufacturing, retail and real estate. We combine functional expertise with deep industry domain knowledge to provide specific outcomes for our customers.
Listed on the London Stock Exchange in 2007, the company is in the FTSE250, the index of mid-capitalised companies traded on the London Stock Exchange. Xchanging is also a member of the FTSE4Good index which measures the performance of companies that meet globally recognised corporate responsibility standards.
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