Outsourcing service provider Xchanging is to consolidate its London operations into one site in Leadenhall Street.
The new office will replace Xchanging's three existing London offices.
The move will take place towards the end of the year. The company said it would simplify the management of the business and improve working efficiencies.
Xchanging chief executive David Andrews said: “This is a very exciting development for Xchanging.
“It will enable us to serve the London Insurance market better, to endorse our commitment as the premier processing and software services provider to the financial community, and at the same time achieving all this without increasing our cost base.”
