Insurance broker Marsh will transfer 650 back office employees in the United Kingdom to a professional services support firm within the next four months and move some outsource work from India there as well.

London-based Capita Group Plc. said in a statement that it was selected by Marsh U.K. to take over the back office administration functions of the broker there in a deal that could be worth approximately ?200 million ($394 million U.S. at the current exchange rate) over the next 10 years.

Capita said in a statement that the deal is still subject to final negotiations and the company could begin taking over services by early April.

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