Managing Hurricane Season in the New Normal July 15, 2020 | Matt Piaseczny We are in the middle of July, and Hurricane season is well underway and already active. Eighteen named storms, nine hurricanes, and four major hurricanes are expected this season, which is above average. The insurance industry is already under strain with an… Continue reading
A New Normal: Perspectives For Insurance Organizations May 19, 2020 | George Freimarck What will the world look like after the coronavirus pandemic of 2020? A recent survey of 30 leading German insurance industry executives conducted by EY and V.E.R.S. Leipzig (EY/VERS) emphasizes a paradigm shift in thinking around talent and facilities management, technology adoption,… Continue reading
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
Insurance Industry Demonstrates Resilience in the Face of a Global Pandemic April 13, 2020 | Manish Khetan According to BCG, “As the world mobilizes to mitigate the impact of the coronavirus, uncertainty abounds. One thing is clear, however: the COVID-19 outbreak underscores the need for business and society to be resilient and prepared — qualities… Continue reading
Reflections on Hiring Talent From Outside the Insurance Industry March 17, 2020 | Amit Tiwari and Amit Ranjan In this Q&A, Xceedance chief operating officer Amit Tiwari and chief administrative officer Amit Ranjan discuss ways in which the insurance industry’s talent management strategies must evolve to drive significant business outcomes. Should the industry be encouraging… Continue reading
Uncharted Waters for Insurance Operations March 23, 2020 | Amit Tiwari “The world is not prepared,” warned a September 2019 report from the Global Preparedness Monitoring Board (GPMB), co-convened by the World Bank and the World Health Organization (WHO). “For too long, we have allowed a cycle of panic and neglect when it comes to… Continue reading
Xceedance Recognized at Insurance Times Awards 2019 November 22, 2019 Earlier this month, Xceedance won the Silver Award in the ‘Business Partner of the Year’ category at Insurance Times Awards 2019, which recognizes outstanding service partners who consistently go the extra mile to ensure success and growth for brokers and insurers. The judges panel received… Continue reading
Xceedance and ChainThat Featured in Intelligent Insurer’s Insurtech: Hot 100 List October 29, 2019 Intelligent Insurer, a leading publication serving the global re/insurance market, recently compiled a list of 100 insurtech firms with the potential to transform the industry. Xceedance and its strategic partner – ChainThat – are featured in the Intelligent Insurer Insurtech: Hot… Continue reading
Actuarial Practice: Unearthing the Data Gold Mine for Insurers August 29, 2019 | Neelaakshi Piplani, ACAS Where there’s risk, an actuary is looking for creative solutions to manage it. From building sophisticated risk models determining the likelihood of specific events to explaining technical matters to various stakeholders, the role of actuaries is to add value… Continue reading
MGAs: Accelerating Digital Transformation in Insurance July 29, 2019 MGAs (Managing General Agents) used to be seen as specialists, operating as wholesalers for particular lines, specialty lines, or programs. But now they’re being seen in a new light, as a means to giving insurers more flexible alternatives for developing programs and bringing them to market… Continue reading
