Xceedance Named as a Major Contender in the Everest Group Property and Casualty Insurance BPO Services PEAK Matrix® Assessment 2020
XCEEDANCE NAMED AS MAJOR CONTENDER IN EVEREST GROUP PROPERTY AND CASUALTY INSURANCE BPO SERVICES PEAK MATRIX® ASSESSMENT 2020
Xceedance expertise and strategic operations support recognized
BOSTON, MA, May 11, 2020 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, is pleased to announce that Everest Group, a leading research and consulting firm, has named Xceedance as a Major Contender in their report, Property and Casualty (P&C) Insurance BPO Services PEAK Matrix® 2020.
The report looks at the P&C insurance landscape and evaluates 21 P&C insurance industry service providers across areas including vision, capabilities, and market impact. The assessment is based on Everest Group’s annual RFI process, interactions with leading P&C insurance BPO service providers, client reference checks, and an ongoing analysis of the P&C insurance BPO market. The report examines the global P&C insurance BPO market and its service provider landscape.
“We are pleased to be named as a major contender in this report,” said Manish Khetan, chief operating officer, Xceedance. “Our Strategic Operations Support (SOS) delivers differentiation, agility, transformation, and automation for our clients. Beyond the tactical, back-office services that comprise conventional BPO, the broader focus of SOS is on the strategic, revenue-generating, service-improving activities across the insurance lifecycle. With service centers in the United States, Poland, and India, and deep insurance expertise across our industry-focused company, Xceedance is able to offer right-shore services and advanced technology to diverse insurance organizations anywhere in the world.”
Additionally, Xceedance is cited and used as a source in Everest Group’s Property & Casualty (P&C) Insurance BPS State of the Market Report 2020: Deconstructing the Present and Expected Future of Sourcing Strategies.
Xceedance is a global provider of strategic consulting, actuarial, and managed services, technology, and data sciences to property/casualty and life insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Liechtenstein, Poland, India, and Australia, Xceedance helps re/insurers launch new products, drive operations, implement intelligent technology and blockchain solutions, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable re/insurers, brokers, TPAs, agents, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability.
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