Reimagining Commercial Lines Underwriting Workflows

Reimagining Commercial Lines Underwriting Workflows The heterogeneous and complex nature of commercial exposures, the quality of the data needed to support the risk pricing, and scarcity of new talent – all pose a challenge to smooth adoption of new-age technologies. This paper examines reasons why automation of commercial lines underwriting processes proves difficult and discusses… Continue reading

05-14-2020 Blog: Three Ways Insurers Can Enhance Policyholder Value

Three Ways Insurers Can Enhance Policyholder Value May 14, 2020 | Sachin Kulkarni With the Coronavirus contagion spreading across the globe, insurance companies are facing an unprecedented surge in COVID-19-related claims, and in some cases, potential litigation compelling them to cover business interruption losses. As companies strategize and work towards alleviating those challenges, insurance executives… Continue reading

Xceedance and Xemplar Partner to Advance Mobile Capabilities for Insurance Organizations

XCEEDANCE AND XEMPLAR PARTNER TO ADVANCE MOBILE CAPABILITIES FOR INSURANCE ORGANIZATIONS BOSTON and WAYNE, PA, May 5, 2020 — Xceedance and Xemplar Insights today announced a strategic partnership to bring innovative, mobile-based insurtech solutions to global property/casualty insurance markets. As a comprehensive consulting and managed services provider, Xceedance collaborates with insurers, reinsurers, MGAs, and brokers… Continue reading

Augmenting Decision Support for Underwriting and Claims

Augmenting Decision Support for Underwriting and Claims The unique human factor of subjective analysis influences claims and underwriting outcomes, and therefore, creates unintended variability of decisions and inconsistency with target guidelines for claim settlements and underwriting pricing. Limiting or mitigating that variability requires the use of predictive algorithms. Decision Support Services represent the convergence of… Continue reading