I am delighted to inform you that CSC and Xchanging have now officially joined together, creating a leader in technology and business process services for the insurance industry globally and broadening CSC’s market coverage. The integration of Xchanging and CSC will continue over the coming months, and we are committed to delivering the highest level of service to our clients.
This acquisition has substantial benefits for our clients. Together, CSC and Xchanging bring extensive technology-enabled business solutions to the global insurance industry. This includes market leading software, deep domain expertise, leadership within the London insurance market and a leading position providing insurance and wealth management business processing.
For those clients new to CSC, we are now in a better position to assist you:
- Xchanging’s people and offerings portfolio are complementary to CSC’s business, which will allow us to invest in areas such as the London Market and the commercial insurance industry. It is a cornerstone of CSC’s strategy to lead clients on their digital journey with next-generation offerings. CSC’s combined business now has more than 66,000 global employees, including 18,000 insurance-dedicated staff.
- The integrated organization will now offer innovative next-generation technology solutions and services to every segment of the insurance market globally. Together, we will innovate, design and deliver the most challenging insurance projects for our clients, transforming their businesses and the market.
- Xchanging brings significant financial services capabilities in Germany and Italy, as well as being a trusted provider of technology for clients such as London’s Gatwick Airport. We are in a leading position to provide extensive business solutions to multiple industries.
CSC and Xchanging combined is a new and dynamic organisation ready to partner with you on your digital transformation journey.