Aon Benfield, one of the world’s premier reinsurance intermediary and capital advisors, will extend its contract with Xchanging and transfer further operational work to the BPO provider. The new seven-year contract is an extension of an existing contract for insurance broking services.

Stewart McCulloch, Head of Xchanging UK, said: “This agreement confirms the significant attractions of our Broking processing platform established in 2006”.