XCH), a large, fast-growing
global
business processor, announced that it has been awarded a multi-year
claims
processing contract renewal with one of the largest rental car
companies in
North America. Xchanging has been providing high quality claims
administration
services to this customer for eleven years. This renewal further
strengthens the
relationship.
The range of claims services that Xchanging will provide under the
contract
renewal include management of loss fund accounts, customized loss
reporting,
claim adjudication, and subrogation and salvage recovery services.
These
services will be provided from Xchanging's processing centre in Solon,
Ohio.
This processing center has managed well over 1,000,000 commercial
vehicle
related claims, making it a leading claims center in the United States.
Xchanging is one of the largest claims service providers in the world
with
processing platforms in the USA, the UK and Australia. In the
Americas,
Xchanging provides claims processing services to companies for their
injured
workers' compensation as well as other areas such as professional,
auto,
product, general and consumer warranty liability claims. These services
include
the initial claim intake, adjusting the claim, medical and non-medical
bill
review and claim payments.
Steven Beard, President, Xchanging Americas stated, "I am very pleased
with the
positive response we have received from our customers since we
established our
presence in the Americas last year. This renewal clearly
illustrates the
confidence our customers have in Xchanging's claims processing expertise.
We are
proud to work with one of the largest and most respected car rental firms
in the
country, and will continue to deliver the innovation and
efficiency in
processing that our customers expect".
- ENDS -
For further information, please contact:
Xchanging
Meeta Thareja
Tel: (0)20 7780 5374
meeta.thareja@xchanging.com
Cardew Group
Tel: (0)20 7930 0777
xchanging@cardewgroup.com
Alana Rigal
Tel: 212-209-3956
Alana.rigal@xchanging.com
About Xchanging
Xchanging is one of the largest and fastest growing business processors.
With a
wide range of multinational customers in 42 countries and employing over
8,000
people, we are a truly global company. Our aim is simply to provide
business
processing services better, cheaper and faster.
Xchanging provides procurement, accounting, human resources,
technology, and
claims services across industries. These include banking,
insurance,
manufacturing, retail and real estate among others. We combine
functional
expertise with deep industry domain knowledge to provide industry-
specific
outcomes for our customers.
Listed on the London Stock Exchange in 2007, the company is in the
FTSE250, the
index of mid-capitalized companies traded on the London Stock
Exchange.
Xchanging is also a member of the FTSE4Good index which measures the
performance
of companies that meet globally recognized corporate responsibility
standards.
www.xchanging.com
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