Xchanging provides technology-enabled business solutions to the global commercial insurance industry. We bring innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do. We want to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.

Type
Subsidiary
Parent Company
DXC Technology
HQ
London, GB
Xchanging is headquartered in London, GB
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Xchanging Office Locations

Xchanging has offices in London and Leeds
London, GB (HQ)
The Walbrook Walbrook
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Xchanging Financials and Metrics

Xchanging Financials

Xchanging's revenue was reported to be £440.20 m in FY, 2015 which is a 23.2% decrease from the previous period.
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

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

Revenue growth, %

(16%)(23%)

Cost of goods sold

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

Gross profit

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

Cash

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

Accounts Receivable

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

Inventories

100 k200 k

Current Assets

50 199.2 m230.2 m213.8 m251.5 m229.3 m244.7 m249.9 m248.1 m227.6 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Net Income

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

Cash From Operating Activities

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

Dividends Paid

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

Cash From Financing Activities

73.3 m(7.9 m)(7.8 m)(600 k)(20.6 m)(31.6 m)(52.9 m)76.4 m15.4 m
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Xchanging News and Updates

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.
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