Xchanging Ins-sure Services has been awarded the contract to set up and run the back-office of London-based Texel Finance.
Texel Finance, which was recently approved as a Lloyd's Broker, specialises in trade and political risks.
Texel's managing director, Andy Lennard, said: "Our choice of Xchanging Ins-sure Services to provide our back-office functions enables us to concentrate on placing business for our Insurance Broking and Corporate clients.
"It means that we can respond quickly and efficiently in the delivery of both policies and importantly claims," he added.
