Brit Insurance (Brit), a general insurance and reinsurance group, has selected Xchanging’s Fees Direct+ for improved management of information and control over spend on third party experts.
According to Xchanging, Fees Direct+ offers an integrated expert management processing solution that can be implemented for clients within three weeks.
Brit will use Fees Direct+ to gain the benefits of improved management information and control over spend on third party experts.
Earlier, Brit used Advocator System, a technology platform of LSG, a provider of software and business process outsourcing services.
LSG and Xchanging have formed a partnership in June 2012.
Xchanging director business processing services Robert Myers said that the launch of Fees Direct+ just under a year ago responded to a long-standing market-wide need to manage expert spend and fee payments more efficiently.
"Brit embraces all technology that has a demonstrable and positive impact to our business and the Fees Direct+ solution provided by Xchanging will do just that," Sewell added.