Xchanging’s insurance software business has been selected by Everest Re to implement Xuber for Reinsurers in place of its existing legacy system. The deal makes Everest Re the first customer to move across to Xuber’s new single platform core processing platform.
Implementation of the platform will begin immediately.
Adrian Morgan, Xuber’s COO, said: “We are delighted Xuber for Reinsurers has been selected as the suite of choice by a global reinsurer as renowned as Everest Re, and we look forward to a very successful partnership with them in the months and years to come.”
Barry Smith, executive vice president of Everest Re, said: “We chose Xuber because of its seamless global capabilities and because the robust functionality of its systems is second-to-none in the reinsurance market.”
Xuber has recently invested over £20 million in developing its next generation commercial software system.
