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LONDON, 05 November 2015 – Xchanging plc, the business technology and services provider, has won a three-year contract to supply insurance services to the Lloyd’s Service Companies operating from the Lloyd’s Asia platform in Singapore, with effect from 1 January 2016.

The new cloud-based services will include risk registration, technical accounting, credit control and cash matching with a roadmap for further development to include claims administration.

In January 2014, Xchanging announced an expansion of its presence in Singapore, with the opening of a second office in the heart of the city’s thriving insurance hub. This underlined the company’s ongoing commitment to supporting the region’s insurance industry, and enhanced its existing near and offshore operations in both Singapore and Malaysia, where more than 500 employees are dedicated to serving customers.

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