UK-Based Tech Platform Xchanging Hit by Ransomware Attack July 6, 2020 DXC Technology announced that certain systems of its subsidiary, Xchanging, have experienced a ransomware attack. Xchanging is primarily an insurance...
U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance July 16, 2018 By Carolyn Cohn and Jonathan Saul New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance,...
‘Xuber for MGAs’ Platform Delivered for Castel Underwriting August 26, 2016 Xuber, the insurance software business of Xchanging, a unit of CSC, announced the delivery of its “Xuber for MGAs” platform...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey June 14, 2016 By L.S. Howard Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital,...
CSC Completes Acquisition of UK’s Xchanging May 5, 2016 CSC, the TYSONS, Va.-based technology solutions and services provider, announced it has completed the acquisition of Xchanging plc. “CSC and...
Xchanging Urges Shareholders to Accept CSC Bid; No Superior Bid Expected January 11, 2016 Outsourcing company Xchanging Plc said it did not expect a superior cash offer from Ebix Inc and urged shareholders to...
London Insurance Market Vulnerable to Major Cyber Attack: Xchanging Survey November 23, 2015 Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half...
UK’s Xchanging Receives Takeover Offer from Software Maker Ebix for $684M November 16, 2015 Insurance software maker Ebix Inc said it made a 450 million-pound ($684 million) takeover approach for Xchanging Plc, making it...
UK’s Xchanging Receives Takeover Bid from Computer Sciences Corp. for $640M November 13, 2015 By Aastha Agnihotri Outsourcing company Xchanging Plc , which has already accepted a takeover offer from Capita Plc, has received a proposal from...
Xchanging Wins 3-Year Services Deal Supporting Lloyd’s Asia Platform November 10, 2015 Xchanging plc, the London-based business technology and services provider, has won a three-year contract to supply insurance services to the...