Seven Factors That Will Change Australia’s Insurance Industry by 2025

Seven Factors That Will Change Australia's Insurance Industry by 2025 An informal Xceedance survey of Australian insurance company senior executives uncovered seven key factors they predict could completely change Australia's industry within this decade. They are: changing market dynamics automation the data explosion greater specialisation and the rise of underwriting agencies new insurance roles a… Continue reading

Chisel AI and Xceedance Announce Strategic Partnership

CHISEL AI AND XCEEDANCE ANNOUNCE STRATEGIC PARTNERSHIP Affiliation delivers state-of-the-art, AI-powered, on-demand policy checking solution for commercial lines insurance brokers and agents TORONTO and BOSTON, July 13, 2021 — Chisel AI and Xceedance today announced a strategic partnership to deliver best-in-class, on-demand, AI-powered policy checking and review technology and services to commercial brokers and agents.… Continue reading

The Shifting Role of Actuarial Services: Part 2

The Shifting Role of Actuarial Services: Part 2 July 6, 2021 | Matt Duke This is the second post in a 2-part series on the evolving role and growing value of actuaries with Matt Duke, head of global actuarial services at Xceedance. In this post he discusses the importance of partnerships, ways to attract the… Continue reading

The Shifting Role of Actuarial Services: Part 1

The Shifting Role of Actuarial Services: Part 1 June 22, 2021 | Matt Duke The growing frequency of black swan events, like the COVID-19 pandemic, has pushed the insurance industry in unique and unexpected directions. To navigate these headwinds and maintain profitability, insurers need to effectively price their products, create new risk models and increase… Continue reading

Reflections on Digital Transforming the Insurance Industry

Reflections on Digital Transforming the Insurance Industry May 25, 2021 | Mamta Talwar Mamta Talwar, vice president, technology and core systems at Xceedance, recently contributed an article to Carrier Management discussing six technologies contributing to digital transformation in insurance. In the article, Mamta highlights how the insurance sector has not always been on the leading-edge… Continue reading

CoreLogic and Xceedance Announce Extended Catastrophe Modelling Collaboration

CORELOGIC AND XCEEDANCE ANNOUNCE EXTENDED CATASTROPHE MODELLING COLLABORATION CoreLogic’s complete suite of 180+ catastrophe models to be accessible via on-demand cat modelling services, in partnership with Xceedance IRVINE, Calif., June 29, 2021 — CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today announced an extended collaboration with Xceedance, a global provider of… Continue reading

NuVenture Launches to Attract Insurance Underwriting Talent

NUVENTURE LAUNCHES TO ATTRACT INSURANCE UNDERWRITING TALENT New MGA platform nurtures, develops, and supports a diverse portfolio of MGAs, each benefitting from modern technology and an extensive range of mid- and back-office support functions LONDON, April 26, 2021 — NuVenture International Ltd, a new London-based business, has launched a robust framework to establish a diverse… Continue reading

India InsurTech Association (IIA) and Xceedance Announce Principal Sponsorship and Partnership Agreement

INDIA INSURTECH ASSOCIATION (IIA) AND XCEEDANCE ANNOUNCE PRINCIPAL SPONSORSHIP AND PARTNERSHIP AGREEMENT The partnership will help accelerate growth of India-based insurtech start-ups and bolster IIA’s international partner ecosystem NEW DELHI, April 7, 2021 — India InsurTech Association (IIA), a pioneering non-profit industry organization, and Xceedance, a global provider of insurance consulting, managed services, and technology,… Continue reading

Technology Helps Insurers Manage Regulatory Compliance

Technology Helps Insurers Manage Regulatory Compliance April 1, 2021 | Stephen Browne As Australian insurers’ compliance burdens increase, technology can enable them to streamline compliance processes. The Financial Sector Reform (Hayne Royal Commission Response) Bill 2020, which was passed by both houses of the Australian parliament in December 2020, introduces a raft of new regulations,… Continue reading