Insurers can protect and improve their margins and loss ratios by accurately analyzing the possibility, probability, and financial impact of complex risks. Xceedance actuarial services employ a value-driven and cost-effective approach oriented toward the insurer’s strategic goals and objectives.
Xceedance offers dynamic, scalable, and sustainable actuarial solutions that handle diverse actuarial tasks so that insurers can focus on achieving their strategic goals. Our team acts as a strategic advisor and trusted partner to connect the insurer’s desired objectives and goals with our collective expertise on matters ranging from business planning to implementing solutions using a result- and value-driven approach. An ever-evolving business and risk environment means insurers should possess agile capabilities to manage risk and uncertainty. An agile business plan is necessary to address exposure changes to an existing portfolio and account for shifts in the underwriting cycle. Access to enhanced insights into distribution, underwriting, pricing, claims, and combined ratio can provide a robust competitive edge. The Xceedance value proposition allows for a holistic approach to executing strategies aligned with the insurer’s vision by connecting the dots between distribution, pricing, underwriting, portfolio management, claims, and finance.
Our actuarial offerings can be classified into enablement and advisory and consulting capabilities. The enablement category includes subcategories of staff enablement and technology enablement. The advisory and consulting category includes pricing & growth analytics, reserving & claims analytics, data science, and admitted market management subcategories. Through our advisory and consulting services, we offer varied modes of support ranging from expert to short-term lift.