services News

New Willis Unit to Help Clients Meet Women, Minority Business Requirements

Willis has started a new practice group called Willis Open to help public entities and corporate businesses build alliances with minority-owned business enterprises (MBE) and women-owned business enterprises (WBE). The company said that Kimberly Waller and Phillip Styles have come …

Xchanging Unveils Plans for More Asian Expansion

Xchanging, the business process, procurement and technology services provider and integrator, has announced its intention to open new delivery centers at two locations in Asia. The service provider already operates in 11 locations in the Asia Pacific region (APAC) and …

Services Trade Talks Begin as WTO Seeks Way out of Stalemate

Countries representing 70 percent of the global economy are set to negotiate lower barriers to trade in services after agreeing the structure of a deal, Australian Trade Minister Craig Emerson said in an interview. The push for a deal on …

ICC Proposes Measures to Stimulate Global Economy

The International Chamber of Commerce has unveiled the initial recommendations of its Business World Trade Agenda initiative, aimed at stimulating the global economy by helping to move the World Trade Organization’s (WTO) multilateral trade negotiations out of an 11-year deadlock. …

U.S., Trade Allies Push for International Services Talks

A proposed international agreement to reduce barriers to trade in service sectors ranging from banking to telecommunications [including insurance] would give the global economy a much-needed boost, top trade officials said on Wednesday. “This is a huge opportunity to spur economic …

Ebix Acquires Online Insurance Tech Provider TriSystems

Atlanta-based Ebix, Inc, a supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired London-based TriSystems Ltd., an online insurance trading hub that facilitates commercial insurance and reinsurance transactions between London intermediaries and insurance …

Global Mobile Operators May Provide New Distribution Channels: Finaccord

New research from Finaccord, the London-based market research consultancy specializing in financial services, concludes that “mobile operators worldwide are actively selling many types of insurance and assistance products to their customers although, in most cases, these initiatives are still being …

U.S. Eyes WTO Services Pacts Amid Doha Stall

The United States is making a push for a group of countries within the World Trade Organization to start talks to liberalize trade in services, even if big developing countries like China, India and Brazil don’t want to join, U.S. …

Xchanging Gains Full Control of Brokerage Services Subsidiary from Aon

Xchanging, the London-based business process and technology services provider and integrator, announced that it has “gained full control of Xchanging Broking Services Limited, the Enterprise Partnership it formed with Aon Limited.” The consolidation follows Aon’s decision to exercise “the put …

Catlin Launches Service Initiative for UK, Lloyd’s Brokers

The Catlin Group Limited announced a “major initiative by the Catlin Syndicate at Lloyd’s and Catlin UK to improve the service provided to brokers.” Catlin explained that as part of the new services its “underwriters in each of its London-based …