Cambridge Australia rebadged as Xchanging
Global business processor Xchanging has announced its arrival in the local market following its takeover and rebrand of claims service provider Cambridge Australia.
Although Xchanging cleared the final hurdle of its acquisition of Cambridge Australia in April, directors waited until the new financial year before rolling out the globally recognised brand this month.
Industry professionals marked the occasion at a function in Melbourne on Thursday.
Xchanging Australia is a significant provider of workers’ compensation services in NSW and Victoria.
Executive Chairman Paul Serong told insuranceNEWS.com.au the parent firm’s “expertise in techniques and processes will hopefully make our jobs a bit easier”.
Xchanging is a British FTSE 250 firm and was responsible for revolutionising the archaic Lloyd’s system, creating an almost fully electronic process.
Mr Serong says the parent company will provide experts in Six Sigma (business management strategy) to review the Australian company’s processes and eliminate wastage.
“That should help us grow the business without the need for additional people at the moment,” he said.
More articles like this
- Losses continue to grow at Calliden »
- QBE performance wobbles »
- Disasters bite into Wesfarmers’ insurance profit »
- Suncorp sees big opportunities in AMP deal »
- IAG secures additional reinsurance »
- IAG moves to buy NZ and Malaysia businesses »
- Chartis centralises prestige house and contents group »
- Axis Capital appoints ex-Zurich chief »
- Westcourt offers premium funding »
- Allianz appoints new regional chief »
Latest Jobs
Self-employed brokerage opportunity without the need for a capital investment
1 February 2012
Consolidated Insurances offers a training and career opportunity to develop your own client register with the view to becoming a fully-fledged self-employed insurance broking business within a structure superior to any existing franchise agreement.
Manager, Sales and Relationships/ Business Development Manager
27 January 2012
Innovative market leader I Strong culture I Be responsible for the Sunshine Coast - Gold Coast region I Attractive Package (including salary sacrifice vehicle) I Tools of trade include smart phone and laptop
Public Liability Litigated Claims Officer
24 January 2012
Are you an expert in managing public liability claims, and want to move out of private practice? 12 month contract opportunity for you to get your foot in the door of a successful Australian business.
Business Development Manager, WA
20 January 2012
An exciting opportunity exists for an experienced BDM to join our friendly and supportive organisation that really makes a difference in the community. Position has arisen due to an internal promotion. Great team environment!
Data Entry
18 January 2012
An underwriting agency is seeking an experienced WinBEAT Processor/Administrator to join their small but busy team.
Business Development Officer
17 January 2012
The Business Development Officer is responsible for growing MIGA's Queensland business through the development and implementation of marketing and promotional initiatives, the identification of sales opportunities and implementation of sales strategies.
This week's most popular
- Steve Lardner set to retire »
- QBE performance wobbles »
- Insurers gouging, says Bligh »
- Losses continue to grow at Calliden »
- Club Marine CEO injured in road crash »
- Lumley appoints new distribution head »
- Industry defends strata insurance pricing »
- Suncorp sees big opportunities in AMP deal »
- Disasters bite into Wesfarmers’ insurance profit »
- General insurers in good shape despite disasters »