Specialist insurance services and consulting organisation Axiom Consulting has signed a multi-year deal to provide outsourced accounting services for the three syndicates managed by Lloyd's managing agency Jubilee Managing Agency.

Axiom's team will provide an outsourced syndicate management service for the three Lloyd's Syndicates under Jubilee's management: Jubilee Motor Policies Syndicate 1231, Syndicate 5820 and Life Syndicate 779.

Jubilee Group finance director Kate Lewis said: “In picking Axiom as our outsourced accounting partner I believe we have achieved our objective of selecting an outsourced service provider who can help us realise significant business benefits, flexibility and efficiencies. I am very confident that Axiom has the right mix of skills and resources.”