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We can embrace this complexity for you allowing you to focus on your core business.Our services cover both technical processing and technical accounting, incorporating the following activities:Our Insurance Services Offerings:Xchanging promotes a market platform approach to delegated underwriting. All statements in this report that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent the Company’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors many of which are outside the Company’s control. DXC Technology announced that certain systems of its subsidiary, Xchanging, have experienced a ransomware attack. Xchanging is a leader in the provision of integrated customer solutions for business processing, technology and procurement services for customers within an array of industries, core among which is the global insurance industry.
Howden’s management team also required more accurate and up-to-date reporting.Of course, insurance companies invest in equities, bonds and capital markets and the giant American International Group (AIG) suffered its own massive losses that necessitated a Government bailout.But for the insurance industry in 2013 it could prove to be a real game-changer as they address issues ranging from regulatory compliance to the economy to the need to stimulate savings rates.The industry has remained robust and proactive in the face of such adversity with an innovative approach to product development and a sustained commitment to dealing with the effects of climate change.There are nonetheless other shared financial services challenges which insurance companies have not and will not be able to avoid.On the product innovation front, an example is Catastrophe Bonds (cat bonds) - a form of insurance securitisation that allows risk to be spread to investors rather than insurers. With proven processing capability and a broad range of broking expertise, we’re ready to migrate and integrate data, cut costs and centralise multiple offices for you.Our comprehensive services include:Xchanging’s Delegated Underwriting Services provide Insurers with a robust and functionally-rich technology solution to bordereaux management.To help a top global insurance broker make its next big leap: become the provider of choice for integrated employee benefit solutions and grow revenue by 50% within five yearsWe can then provide support with a full or bespoke elective claims services as well as dealing with many administrative tasks.RFIB operates in a highly complex environment that requires a seamless and integrated broking solution with multi-national capabilities.RFIB needs watertight systems and processes to meet the stringent compliance requirements of a heavily regulated insurance market.
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