Xceedance offers managed services and responsive technology solutions
across a wide spectrum of the insurance lifecycle.
Clearance and Submissions Management
Invoicing, Collections and Cash Management
Policy Lifecycle Management and Renewals
MIS and Regulatory Reporting
The Xceedance insurance operations team provides clearance and submission management, as well as bound and premium quoting services. Our team focuses on providing timely and accurate information to support underwriters. By leveraging the comprehensive submissions and premium coding services of Xceedance, clients experience faster workflows for downstream processes. Underwriters gain a competitive edge because Xceedance helps to reduce the time it takes to quote policies.
The operations team also provides critical services to manage the flow of funds, helping clients to monitor liquidity and coordinate issuance of credit to their customers. Clients are able to reduce bad debt and improve their cash flow by relying on support from Xceedance to address:
- Post binder invoicing
- Billing & collections
- Revenue recognition
Xceedance allocates its global operations teams by geography — to best support the local needs of clients, especially considering regional business conditions. To remain informed and attentive regarding local business nuances, our teams conduct regular cross training; and they produce detailed documentation of all activities on behalf of clients to ensure effective operational and backup planning.
Insurance operations services by Xceedance are available for insurers, reinsurers and MGAs, including those that focus on Property & Casualty, Marine, Executive & Professional and Healthcare lines of business.