Xchanging is a company that  provides technology-enabled business solutions to the global commercial insurance industry. It specializes in premium and policy processing services.

Employee Rating

3.1
StateClosed
TypeSubsidiary
Parent CompanyDXC Technology
HQMcLean, VA, US
Websitexchanging.com
Cybersecurity ratingCMore
Xchanging is headquartered in McLean, VA, US
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Xchanging Office Locations

Xchanging has offices in McLean and London
McLean, VA, US (HQ)
1775 Tysons Blvd
London, GB
1 Pancras Square, Kings Cross
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Xchanging Financials and Metrics

Xchanging Revenue

Xchanging's revenue was reported to be £440.2 m in FY, 2015 which is a 23.2% decrease from the previous period.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018

Revenue

468.2m557.8m750.4m688.7m651.2m668.3m685.9m573.5m440.2m

Revenue growth, %

19%35%(8%)(5%)3%3%(16%)(23%)

Cost of goods sold

414.6m493.2m706.6m617.4m604.6m605.1m618.4m531.5m407.5m

Gross profit

53.5m64.5m43.8m71.3m46.6m63.2m67.5m42.0m32.7m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018

Cash

98.4m117.8m60.1m91.1m98.1m116.4m121.3m129.2m127.5m18.4m12.1m

Accounts Receivable

47.8m46.3m56.2m62.3m45.6m49.2m104.6m44.4m41.1m241.5m243.5m

Inventories

100.0k200.0k

Current Assets

50.0199.2m230.2m213.8m251.5m229.3m244.7m249.9m248.1m227.6m260.3m255.5m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2017FY, 2018

Net Income

20.5m35.5m12.9m(22.3m)(8.4m)27.9m65.4m29.4m(52.7m)1.3m841.0k

Cash From Operating Activities

38.8m60.8m608.2m49.1m43.6m75.9m71.2m48.7m33.4m

Dividends Paid

5.9m7.8m2.4m6.1m6.8m

Cash From Financing Activities

73.3m(7.9m)(7.8m)(600.0k)(20.6m)(31.6m)(52.9m)76.4m15.4m
GBPFY, 2006

Financial Leverage

1 x
Show all financial metrics

Xchanging Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

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Xchanging Online and Social Media Presence

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Xchanging News and Updates

New research on Global Insurance Technology Market Status by Manufacturers, Types and Application, History and Forecast to 2022 | Xchanging plc, Insurance Technology Services, Patriot Technology Solutions, Sky Insurance Technologies.

The global market has been meticulously and expansively evaluated in an in-depth market research publication added by Research N Reports, titled “Global Insurance Technology Market Professional Survey Report 2018.” Posted via Industry Today. Follow us on Twitter @IndustryToday

Insurance Technology Market Outlook to 2023 by leading key players like Xchanging, Insurance Technology Services, Patriot Technology Solutions, TechInsurance, TIA Technology

The Global Insurance Technology Market Report includes a comprehensive analysis of the present Market. The report starts with the basic Global Insurance Technology Market overview and then goes into each and every detail. Posted via Industry Today. Follow us on Twitter @IndustryToday

Xchanging Solutions Ltd leads gainers in 'B' group

Lypsa Gems & Jewellery Ltd, Anjani Portland Cement Ltd, Asian Hotels (West) Ltd and Siti Networks Ltd are among the other gainers in the BSE's 'B' group today, 02 November 2018.

Horwich Farrelly appoints tech expert Chris Jekiel to launch biggest ever change programme

Horwich Farrelly, a leading specialist insurance industry law firm, has appointed technology expert, Chris Jekiel as IT Director.

Xchanging Frequently Asked Questions

  • How many employees does Xchanging have?

    Xchanging has 2,561 employees.

  • Who are Xchanging competitors?

    Competitors of Xchanging include DAEM, Mallette and WNS.

  • Where is Xchanging headquarters?

    Xchanging headquarters is located at 1775 Tysons Blvd, McLean.

  • Where are Xchanging offices?

    Xchanging has offices in McLean and London.

  • How many offices does Xchanging have?

    Xchanging has 2 offices.