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Capita Commercial Insurance Services secures 5 year contract extension with Ascot

Capita Commercial Insurance Services today announces that it has secured a five-year contract extension to run risk capture, aggregations and pre bind checking services for Lloyd’s managing agent, Ascot Underwriting Limited

21/02/2011

Derek Henry, Capita Commercial Insurance Services managing director commented: “Capita has a wealth of experience in managing all elements of data capture for the London Market and our blended onshore/offshore model delivers to the exacting quality standards demanded by our customers at a low cost. The combination of process expertise and the extensive experience of our insurance professionals, working with managing agents of all sizes, combines to add genuine value to organizations like Ascot.”

Gareth Challingsworth, operations director, at Ascot Underwriting Limited said: “Key to our choice of partner was the need to accurately predict costs over a period while at the same time ensuring accuracy and quality.”

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For further information:

Media enquiries only:
Caroline Mooney
Capita press office
Tel: 0207 654 2152 or 020 7654 2399 out of hours

 
Capita Managing Agency is a wholly-owned subsidiary of Capita Insurance Services Limited. Capita Insurance Services supplies outsourced services across the London Market, Capita Managing Agency is independent to this area of the business The Capita Group Plc has operated a Lloyd’s managing agency for over 10 years.

The Capita Group Plc is the UK’s leading provider of BPO and integrated professional support service solutions.  With 36,000 people at more than 300 sites, including 59 business centres across the UK, Ireland, the Channel Islands and India, the Group uses its expertise, infrastructure and scale benefits to transform its clients’ services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE100 with revenues for 2009 of £2,687 million.  Further information on The Capita Group Plc can be found at: http://www.capita.co.uk