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CSC a leading provider of next-generation technology solutions and services, today announced that it has completed the acquisition of Xchanging plc.
CSC and Xchanging together will create a new leader in technology and business process services for the global insurance industry, significantly expanding CSCs market coverage and enhancing the range of services to clients of both companies. The acquisition was accepted overwhelmingly by Xchanging shareholders, with approval by the CSC and Xchanging Boards and regulators.
Xchanging provides technology-enabled business solutions to organizations in global insurance and financial services, healthcare, manufacturing, real estate and the public sector. The acquisition brings Market leading insurance software, Xuber, which has served the global complex commercial insurance market for over 40 years. Deep domain expertise and leadership within the London insurance market, where Xchanging has been recognized as the number one provider of services and technology since 2001. A leading position providing property and casualty insurance and wealth...