Churchill has launched a global actuary service for third party companies to run alongside its New Delhi IT division.

The service has been set up to enable financial organisations to meet their own commercial requirements without any of the associated risk or investment involved when establishing independent specialised facilities.

John O'Roarke, MD of Churchill Management, said: "New Delhi is a centre of excellence for software development

"There is a vast pool of skilled resource available for IT services and it is therefore an ideal location for third party actuarial services."