Modern facility positions the three organisations in the centre of the London insurance market
LONDON, October 5, 2021 — Xceedance, a global provider of insurance consulting, technology, and managed services solutions, has moved into an expanded office in the City of London to better service clients in the Europe, Middle East, and Africa (EMEA) region.
Located at 8 Lloyd’s Avenue, the new facility will house Xceedance as well as strategic partner companies ChainThat and NuVenture. ChainThat provides technology solutions for re/insurers, and NuVenture develops and supports managing general agents (MGAs). All three organisations focus solely on insurance, and the new office location was selected for accessibility within the London insurance market.
Previously, the Xceedance London office was in nearby Bevis Marks, but since the pandemic lockdown in March 2020, staff from Xceedance and partner organisations have been working from home.
“We are excited to move into an expanded long-term hub, which underlines our commitment to Lloyd’s and the London insurance market,” said Justin Davies, SVP, head of EMEA at Xceedance. “In the past five years, our operations in the U.K. and EMEA region have increased significantly, as re/insurers, brokers, and MGAs further embrace the value of intelligent technologies and insurance-knowledgeable partners in helping to improve operational efficiency.”
Xceedance recognises the post-pandemic benefits of its industry-focused team being in close proximity to the London insurance market. Nevertheless, the wellbeing of teammates remains a core priority for the company, and its workforce will continue to work remotely, as needed.
“The pandemic forced insurance organisations to better utilise technology, but relationships remain the foundation of the industry,” said David Edwards, ChainThat CEO. “Having an office in the City of London helps us stay connected to better anticipate market changes and respond to the needs of re/insurers.”
“Our team looks forward to collaborating from a new base in the City and we are excited about the opportunity to engage face-to-face with capacity providers and brokers,” said Andy Colbran, NuVenture CEO.
Xceedance (www.xceedance.com) is a strategic consulting, technology, and managed services provider, helping global insurance organisations drive operations, implement intelligent automation, and achieve superior policyholder experience.
About ChainThat ChainThat (www.chainthat.com) creates insurance technology products that deliver on the promise of innovation. The company partners with carriers, brokers, and MGAs to unlock the full potential of their businesses by leveraging technology.
About NuVenture International Ltd NuVenture (www.nuventure.com) nurtures, develops, and supports a diverse portfolio of MGAs, each benefitting from an extensive range of mid- and back-office functions provided by strategic partner, Xceedance.
Media Contact: Stephen Breen
Company: Rein4ce Ltd
Telephone: +44 7843 076556