Xchanging, the leading business processing services company, has acquired 100% of the equity in Landmark Business Consulting, the insurance specialist business transformation consultancy.
The acquisition confirms Xchanging's position as the market leading business services provider within the insurance sector. Xchanging and Landmark will combine their customer bases, allowing Xchanging to offer its services to a new range of insurers and brokers, and to move into the Life & Pensions market.
Landmark Business Consulting has played a key role in many of the largest transformation programmes within the UK insurance industry, with experience in General Insurance, Reinsurance, the London Market and Life & Pensions. They bring unique skills of all aspects of change management, including regulation, technology, people, organisational and process change.
David Andrews, Chief Executive Officer of Xchanging said, "With this acquisition, Xchanging further demonstrates its commitment to the insurance sector. Landmark’s insurance expertise and customer base presents us with a wide range of fresh opportunities, allowing us to bring even greater resources and domain expertise to the insurance industry. 2006 promises to be a very exciting year for Xchanging.”