Xchanging, a London-based business process and technology service provider, has re-launched software business unit as Xuber with an aim to enhance its insurance software market.

Xuber head Adrian Morgan said that the company partnered with implementation partners to deploy its software quickly and efficiently for insurers and brokers.

Xchanging CEO Ken Lever said, "It is now time for our market share to reflect this reality, hence Xuber."

Relaunched with an investment of over £20m, Xuber will provide full insurance cycle products for insurers and reinsurers with unmatched configurability and flexibility and seamless integration afforded by the end-to-end approach.

Xchanging currently serves 130 customers including AXA CS, Allianz, Lockton, Marsh UK, and Tokio Millenium Re (UK), across 40 countries.