
Xceedance Announces Expansion of Actuarial and Analytics Services for Insurance Organizations
Xceedance announces the expansion of its global Actuarial and Analytics Services practice, led by Matthew Duke, SVP and chief actuary.
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Xceedance and Oasis LMF Offer On-Demand Exposure Analysis Services for U.S. Earthquake, Flood, and Hurricane Catastrophe Models
BOSTON, SEPTEMBER 15, 2020 — Xceedance, a global provider of strategic insurance consulting and technology, and the Oasis Loss Modelling Framework (Oasis LMF), today announced the availability of on-demand exposure analysis and results for three key U.S. catastrophe perils.
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BriteCore and Xceedance Announce Strategic Partnership
SPRINGFIELD, MO, and BOSTON, August 17, 2020 — BriteCore, a leading provider of next-generation core software solutions for insurers, and Xceedance, a consulting, technology, and managed services company focused on property and casualty insurance, today announced that Xceedance has joined BriteCore’s growing partner ecosystem.
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Xceedance Named as a Major Contender in the Everest Group Insurance Analytics and Insights (A&I) Third-party Services PEAK Matrix® Assessment 2020
BOSTON, JULY 13, 2020 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, is pleased to announce that Everest Group, a leading research and consulting firm, has named Xceedance as a Major Contender in their report, Insurance Analytics and Insights (A&I) Third-party Services PEAK Matrix® 2020.
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Xceedance Named as a Major Contender in the Everest Group Property and Casualty Insurance BPO Services PEAK Matrix® Assessment 2020
BOSTON, May 11, 2020 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, is pleased to announce that Everest Group, a leading research and consulting firm, has named Xceedance as a Major Contender in their report, Property and Casualty (P&C) Insurance BPO Services PEAK Matrix® 2020.
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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.
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Xceedance Joins Duck Creek Partner Ecosystem, Offering P&C Insurers Worldwide Expertise in Global Implementation of Duck Creek Products
BOSTON, March 31, 2020 — Duck Creek Technologies announced today that it has expanded its Partner Ecosystem program through a new relationship with Xceedance.
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Xceedance Partners with Input 1 to Provide an Innovative Policy Administration, Billing and Payments Solution for Program Administrators and Managing General Agents
WOODLAND HILLS, Calif., March 24, 2020 — Input 1, a digital billing services and payment solutions provider, and Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced a strategic partnership.
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Xceedance Launches Life Insurance and Reinsurance Consulting Practice, Centered in Liechtenstein
LIECHTENSTEIN, March 3, 2020 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today launched its life insurance and reinsurance practice and announced the establishment of an office in Liechtenstein to serve life re/insurance markets.
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Novidea Partners With Xceedance to Expand its Solutions and Capabilities for the Insurance Broker Market
LONDON, February 4, 2020 — Novidea, the data-driven insurance distribution platform, today announces its new partnership with Xceedance a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, that will allow Novidea to increase its global reach and services.
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Xceedance Acquires Activer Solutions
BOSTON, January 21, 2020 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced the acquisition of Activer Solutions
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Xceedance Wins ‘Technology Partner of the Year’ Award
LONDON, September 27, 2019 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, has been selected as the ‘Technology Partner of the Year – Software Platform’ winner in the 2019 Insurance Times Tech and Innovation Awards program.
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Xceedance and Oasis LMF Announce On-Demand Catastrophe Modelling Services
LONDON, September 8, 2019 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, announces the availability of On-Demand Catastrophe Modelling Services, using the Oasis Loss Modelling Framework (Oasis LMF).
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Xceedance Qualifies as Finalist in Insurance Times Technology and Innovation Awards 2019
BOSTON, July 25, 2019 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions has qualified as a finalist in the Insurance Times “Tech and Innovation Awards 2019.”
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Blue Zebra Insurance Deploys the MGA Agility Suite from Xceedance
BOSTON, June 3, 2019 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced that Blue Zebra Insurance (Blue Zebra) has successfully deployed the company’s MGA Agility Suite to modernize policy lifecycle management processes.
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AM Best to Host Webinar on How MGAs are Leveraging Insurtech to Transform Operations and Drive Business
OLDWICK, May 15, 2019 — A panel of insurance and technology professionals will examine the ways in which managing general agents and program administrators are leveraging technology to transform operations, respond to emerging risks, capitalize on market opportunities, develop innovative offerings, and reach new customers.
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Xceedance Announces Global Availability of MGA Agility Suite
BOSTON, May 6, 2019 — Xceedance announced availability of the MGA Agility Suite, a new software and services offering for program administrators and MGAs. The company also disclosed a successful implementation of the MGA Agility Suite at Archipelago Risk Services.
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Xceedance Achieves CMMI Maturity Level 3
BOSTON, February 11, 2019 — Certification reinforces the company’s commitment to quality in software development, maintenance, and quality assurance.
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Xceedance Continues Business Growth and Geographic Expansion
BOSTON, December 4, 2018 — New clients and increasing demand for Strategic Operations Support (SOS) prompt enterprise growth.
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Xceedance and ChainThat Add Staff to Accommodate Global Growth
BOSTON, October 2, 2018 — New-business growth, plus increasing demand for strategic operations support, prompt hiring.
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Xceedance and ChainThat Host Blockchain Innovation Symposium in Bermuda
BOSTON and LONDON, May 31, 2018 — Xceedance and ChainThat, a pioneer in blockchain technology for the re/insurance industry, are co-hosting an insurance blockchain symposium on June 7 (1pm) at the Bermuda Underwater Exploration Institute (BUEI) in Hamilton, Bermuda.
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Xceedance Appoints Travis MacMillian Chief Business Officer
BOSTON, January 8, 2018 — Xceedance, a global provider of insurance consulting, managed services, technology, and data sciences, has named Travis MacMillian as the company’s chief business officer.
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Xceedance Makes Multi-Million Dollar “Series A” Investment in ChainThat, an Insurance Blockchain Specialist
LONDON, November 14, 2017 — Xceedance, a global provider of insurance consulting, managed services, technology and data sciences, today announced a multi-million dollar “Series A” equity investment in ChainThat , a London-based blockchain specialist organisation serving the re/insurance industry.
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Monalisa Samal Inducted in 2017 Class of Influential Women in Re/Insurance
BOSTON, September 25, 2017 — Xceedance is pleased to announce Monalisa Samal has been inducted into the 2017 class of the “Influential Women in Re/Insurance” program, sponsored by Intelligent Insurer.
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Xceedance Expands Managed Services Portfolio to Include Bermuda Insurance Market
BOSTON, May 31, 2017 — Following its recent incorporation in Bermuda, Xceedance today announced an expansion of its industry-focused consulting and managed services to support re/insurance organizations domiciled in Bermuda.
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Xceedance Joins AAIS as Associate Member
BOSTON, April 19, 2017 — Xceedance is pleased to announce that the company has joined the American Association of Insurance Services (AAIS) as an associate member.
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Xceedance Launches Insurance Operations Centre in Krakow, Poland
LONDON, December 5, 2016 — Xceedance today announced the launch of an operations centre in Krakow, Poland.
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Xceedance Appoints Rajesh Iyer Senior Vice President – Head of Data Sciences
BOSTON, November 15, 2016 — Xceedance today announced the appointment of Rajesh Iyer as senior vice president – head of data sciences.
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Xceedance Establishes London Office
LONDON, October 24, 2016 — Xceedance has established an office in London to serve the European, Middle East and Africa (EMEA) market.
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Xceedance Welcomes George Freimarck as Vice President of Business Development
BOSTON, May 31, 2016 — Xceedance announces George Freimarck, vice president for marketing and business development.
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Xceedance representatives are planning to participate in the events listed below, many of which are now virtual due to the COVID-19 pandemic. For upcoming live events, and with the safety and wellbeing of our team as a priority, Xceedance participation will be based on public health guidelines for social distancing and assembly, as well as on company policies for domestic and international travel.
To learn how Xceedance can support and strengthen your insurance operations, please email us to arrange a discussion.
Meet the MGA Market
February 3, 2021 | Virtual
This event introduces brokers to a host of innovative and exciting MGAs writing all classes of business in the UK and internationally. This is the perfect opportunity to connect with MGA experts and discover the benefits of a strong MGA partnership.
2021 WSIA Underwriting Summit
March 1 - 3, 2021 | Virtual
The Underwriting Summit offers designated time for networking and business meetings for the underwriting, delegated authority, program specialist and professional and financial lines segments of the WSIA membership, as well as firm leadership.
Future of Insurance, Sydney 2021
March 2, 2021 | Virtual
Over two half-days, the Future of Insurance, Sydney virtual conference will facilitate conversations and debate among 500+ industry peers, connecting individuals and organizations with the latest insights and transformational trends in technology and innovation.
Sydney Underwriting Expo
March 12, 2021 | Sydney, Australia
The annual Sydney Underwriting Expo is the Underwriting Agencies Council’s premier event. The Expo is the ideal opportunity for brokers to talk directly to UAC member agencies and business service members about their specialist products and services.
Melbourne Underwriting Expo
March 21, 2021 | Melbourne, Australia
The annual Melbourne Underwriting Expo is the Underwriting Agencies Council’s flagship event in Victoria. The Expo provides a platform for brokers to network with UAC member agencies and business service members and showcase their specialist products and services.
Duck Creek Formation ’21
March 22 - 24, 2021 | Orlando, FL USA
Duck Creek Formation features inspiring keynotes, breakout sessions, and networking opportunities with thought leaders from around the globe, enabling attendees to gain valuable insights from the largest insurtech ecosystem available to carriers today.
InsurTech North
April 22 - 23, 2021 | Virtual
InsurTech North is a forum for digital leaders, entrepreneurs and venture capitalists in the property and casualty (P&C) and life/health insurance space.
RAA Cat Risk Management 2021
April 26 - 28, 2021 | Virtual
Cat Risk Management is an invaluable networking opportunity to meet and interact with leading global experts from the industry—reinsurers, insurers, researchers, commercial modeling companies, regulators—and discuss the future of catastrophe risk management.
ANZIIF Reinsurance Rendezvous
October 1, 2021 | Terrigal, NSW
The conference provides attendees with the most up-to-date and thought-provoking market developments and insights. Featuring panel discussions and presentations from industry leading professionals, attendees will hear about emerging trends, where the market is heading and the future of the reinsurance industry.
Insurance Print, Distribution, Scanning and Indexing Services from Industry Experts
December 3, 2020 | Akshay Relan
Akshay Relan, vice president of technology and core systems at Xceedance, discusses Xceedance insurance print and distribution services, including scanning and indexing and custom integration to customer policy administration systems. Read More...
Boosting Insurer Productivity with Low-Code/No-Code Technology
November 18, 2020 | Stephen Browne
Stephen Browne, VP and country manager - Australia at Xceedance, explains how low-code/no-code technology is helping insurance organizations to deliver rapid results for operational excellence, accelerate returns from new business services, and enable automation of manual processes. Read More...
Simplified BriteCore Implementation with Xceedance
November 10, 2020 | Travis MacMillian
Travis MacMillian, chief business officer at Xceedance, explains how an SI partner can help insurers accelerate the time to production for implementations and enhancements of the BriteCore platform. Read More...
Right-Shore Model Will Mitigate Risks for Insurers
October 21, 2020 | Stephen Browne
Stephen Browne, VP and country manager - Australia at Xceedance, discusses how Australian insurers need to consider adopting a right-shore business model to mitigate their future business continuity risks. Read More...
Webinar: On-Demand Catastrophe Modelling Services for Three Major U.S. Perils — Earthquake, Hurricane, and Flood
Tuesday, September 29, 2020 at Noon - 1 p.m. ET
In a complimentary AM Best webinar sponsored by Xceedance, a panel of experts will discuss the technical advances of three key U.S. peril models (Earthquake, Hurricane, and Flood) and describe pioneering, on-demand risk- and loss-analysis services, based on those models. Webinar participants will gain perspective on cost-effectively pricing key U.S. catastrophe risks with more confidence, using a combination of advanced models and associated on-demand services in conjunction with the Oasis Loss Modelling Framework. Read More...
Orchestrating Technology Transformation in Commercial Insurance: Part 2
August 20, 2020 | Ashish Lall
In his next blog, Ashish Lall, vice president of corporate strategy at Xceedance, explains why hyper-automation across insurance operations is positioned well to deliver cost efficiency, time savings and significant increases in productivity. Read More...
Orchestrating Technology Transformation in Commercial Insurance: Part 1
August 14, 2020 | Ashish Lall
Ashish Lall, vice president of corporate strategy at Xceedance, discusses how advanced business automation platforms and rapid technology adoption can deliver high broker-underwriter engagement, more so in the social distancing age. Read More...
Accelerating the ROI of Duck Creek Implementations
August 12, 2020 | Naveen Sharma
As a Systems Integrator to both new and existing Duck Creek customers, Xceedance offers a broad range of development and testing accelerators, as well as frameworks for Duck Creek products — enhancing efficiency and enabling standardization during implementations. Read More...
Managing Hurricane Season in the New Normal
July 15, 2020 | Matt Piaseczny
Matt Piaseczny, vice president of insurance operations at Xceedance, discusses how U.S. states and insurers will need to recalibrate their response to hurricanes in the 'new normal' COVID-19 environment. Read More...
A New Normal: Perspectives For Insurance Organizations
May 19, 2020 | George Freimarck
As the world starts to open up again, George Freimarck, vice president and managing director - Europe at Xceedance, takes a look at what the world may be like after the coronavirus pandemic of 2020. Drawing insights from a recent survey of 30 leading German insurance industry executives, George explores the challenges and what’s ahead for insurers. Read More...
Three Ways Insurers Can Enhance Policyholder Value
May 14, 2020 | Sachin Kulkarni
Sachin Kulkarni, senior vice president and country leader - North America at Xceedance, discusses how insurance organizations can drive technological and operational improvements to deliver superior business continuity and seamless policyholder experience — especially during black swan events, such as the COVID-19 pandemic. Read More...
Insurance Industry Demonstrates Resilience in the Face of a Global Pandemic
April 13, 2020 | Manish Khetan
According to Manish Khetan, chief operating officer at Xceedance, the COVID-19 coronavirus pandemic is straining the insurance industry, well beyond the scope of workforce health considerations; and global insurance organizations are showing resilience and resourcefulness in the face of new and expanded business risks. Read More...
Uncharted Waters for Insurance Operations
March 23, 2020 | Amit Tiwari
As the COVID-19 pandemic sweeps the globe and companies invoke business continuity programs, Amit Tiwari, CTO at Xceedance, reflects on the state of insurance operations — both for policyholders and other stakeholders, as well as for internal functions. Read More...
Reflections on Hiring Talent From Outside the Insurance Industry
March 17, 2020 | Amit Tiwari and Amit Ranjan
Xceedance chief operating officer Amit Tiwari and chief administrative officer Amit Ranjan discuss the ways in which insurance organizations can embrace talent from outside the industry, and emphasize how flexible and expansive talent acquisition strategies help create superior business value. Read More...
Xceedance Recognized at Insurance Times Awards 2019
November 22, 2019
Xceedance has won the Silver Award in the Business Partner of the Year category at Insurance Times Awards 2019 for its engagement with Archipelago Risk Services in London. Read More...
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, released a list of 100 insurtech companies with the potential to drive transformation for the risk transfer industry. Xceedance and ChainThat are featured in the “Insurtech: Hot 100” list from Intelligent Insurer. Read More...
Actuarial Practice: Unearthing the Data Gold Mine for Insurers
August 29, 2019 | Neelaakshi Piplani, ACAS
Neelaakshi Piplani, an associate of the Casualty Actuarial Society (CAS) and manager, actuarial services at Xceedance, discusses how actuaries challenge existing approaches to risk analysis and reimagine insurance concepts to accommodate dynamic and emerging business forces. Read More...
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, and they’re creating new possibilities. Read More...
Technology is the Future of Underwriting
June 25, 2019 | Rachita Nahata
Rachita Nahata, associated vice president at Xceedance, discusses ways in which intelligent technologies are helping re/insurers to boost underwriting capacity and ensure quality time is spent on pricing the “right” risks. Read More...
Viewpoints on Insurtech and Service Provider Models
June 6, 2019
The re/insurance industry’s workforce challenges, the proliferation of intelligent technologies, and the acceleration of digital transformation are among the discussion points in a wide-ranging Q&A with John Begley, a member of the Xceedance board of directors. Read More...
Webinar – Transforming MGA Operations
May 7, 2019
A panel of insurance and technology professionals will examine the ways in which managing general agents and program administrators are leveraging technology to transform operations, respond to emerging risks, capitalize on market opportunities, develop innovative offerings, and reach new customers. Read More...
Strategic Operations Support: The Boardroom Connection
May 2, 2019 | Anthony Iatesta
Anthony Iatesta, associate vice president and business development executive at Xceedance, discusses the ‘then and now’ of business process outsourcing (BPO) in insurance organizations. He stresses an evolving boardroom focus towards strategic operations support from insurance-focused partners — who encompass in-depth domain knowledge, leading-edge insurtech and data sciences expertise, and diverse experience across the industry’s value chain. Read More...
Insurtech: It’s About People, Process, AND Technology
April 29, 2019 | Kaushik Kanu Gohain
Kaushik Gohain, vice president at Xceedance, examines the role of technology in transforming insurance operations. He emphasizes an “insurtech-plus” approach in which a focus on people and processes enhance the value and impact of emerging and intelligent technologies. Read More...
Forget Technology and Dated Business Practices – Today’s Persistent Legacy Concern is Leadership
April 9, 2019 | Marek Kaszczyc
Marek Kaszczyc, vice president and head of Poland operations at Xceedance, explains why traditional, hierarchical styles of leadership can be counter-productive to the development and retention of an emerging, technology-savvy talent pool in the re/insurance industry. Read More...
Managed Services for Operational Flexibility
April 4, 2019 | Justin Davies
Justin Davies, senior vice president and EMEA region head at Xceedance, outlines factors driving demand from Lloyd’s syndicates to use managed services providers — who can provide flexibility to adjust staffing support, depending on prevailing business needs. Read More...
Expertise on Demand
April 1, 2019 | Anthony Iatesta
Anthony Iatesta, associate vice president and business development executive at Xceedance, discusses how specialist service providers can deliver business agility to re/insurers and MGAs/MGUs through expert support, smart automation initiatives and out-of-the-box technology solutions. Read More...
Managing Change – Part Two: Ensuring Change for the Better
February 12, 2019 | Travis MacMillian
In a previous post, Xceedance chief business officer Travis MacMillian reflected on how re/insurers can better manage change on the journey to achieving their strategic business objectives. In this post, he provides more perspective on navigating transformation, particularly with respect to distribution channels, technology, and communications. Read More...
Managing Change: You Can Run, But You Can’t Hide
February 1, 2019 | Travis MacMillian
Travis MacMillian, chief business officer at Xceedance, outlines change-management challenges facing the insurance industry, examines the need for enhancing business agility, and suggests constructive ways for re/insurers to manage change while supporting sustainable growth. Read More...
Alice, the Cheshire Cat, and the Importance of Strategic Direction
October 31, 2018 | Tashi Singal
Tashi Singal, senior consultant at Xceedance, suggests the establishment of direction-determining objectives is a critical step in strategic planning, but adaptability and course correction are also vital. Read More...
The Fallacy of Best Practices
September 21, 2018 | Tashi Singal
Tashi Singal, a senior consultant at Xceedance, discusses why insurance consultants should not exclusively rely on industry benchmarks which prove to be self-limiting in more ways than one. Read More...
Analysis Versus Analytics
August 31, 2018 | Amit Ranjan
Amit Ranjan, EVP of global service delivery at Xceedance, reflects on how insurance-expert consultants can combine data analytics techniques with business interpretation to help re/insurers customize their target operating models and improve performance. Read More...
What Are Adaptive Target Operating Models and Why Do Re/Insurers Need Them?
August 20, 2018 | Sachin Kulkarni and Kalpana Ganesh
Sachin Kulkarni, senior vice president, consulting services and Kalpana Ganesh, vice president, global insurance services at Xceedance, present a differentiated target operating model (TOM) approach for (re)insurers to thrive in the rapidly evolving market and technology landscape. Read More...
The Art of Expectation in Insurance Operations Consulting
August 14, 2018 | Deepak Ravindar
Deepak Ravindar, senior consultant at Xceedance, discusses why it is necessary to avoid jargon in the practice of consulting and set the right expectations for client stakeholders. Read More...
Claims Transformation to Reduce Operational Cost and Meet Policyholder Expectations
August 8, 2018 | Prashant Tekchandani and Prateek Vijayvergia
Xceedance practice leaders Prashant Tekchandani (Claims Operations) and Prateek Vijayvergia (Technology Applications), discuss a realistic and practical approach to achieving auto claims transformation, by focusing on technology augmentation, process reengineering, user experience optimization, and intelligent automation. Read More...
Insurtech Movers and Shakers — Through Benjamin Franklin’s Eyes
July 17, 2018 | Justin Davies
Justin Davies, vice president and region head for the EMEA region at Xceedance, makes a case for accelerating insurtech innovation to transform traditional business models, improve pricing accuracy, and enhance policy holder experience. Read More...
The Rise of Insurance Blockchain as a Driver of Superior Performance
June 15, 2018
At the ‘Bermuda on Blockchain’ event co-hosted by Xceedance and ChainThat, Arun Balakrishnan, the CEO of Xceedance discussed the role of insurance blockchain in reducing inefficiencies and achieving data-centricity. Read More...
Xceedance Turns Five – Re-living the Journey and Crafting the Future!
June 12, 2018 | Arun Balakrishnan
Xceedance CEO Arun Balakrishnan traces the company's journey over the past five years, and presents a glimpse into the road map and strategy of the organization. Read More...
Let Me Hear Your Data Talk
May 29, 2018 | George Freimarck
The lack of standardized data management processes and the proprietary nature of data within the heavily regulated insurance industry has inhibited insurers from employing data science for driving growth, enhancing efficiency, and improving customer experience. George Freimarck, vice president, business development – Americas at Xceedance talks about the need for industry players to launch a focused effort to create protocols for the storage, handling, analysis, and disposal of data. Read More...
Shedding Light on Dark Data in GDPR Implementation
April 23, 2018 | Marek Kaszczyc
GDPR is fast approaching and re/insurers are looking for new ways to leverage customer data for improving service delivery and providing customized products. In this post, Marek Kaszczyc, vice president and head of Poland operations at Xceedance discusses how organizations can harness 'dark data' to drive significant business results while ensuring superior GDPR compliance. He also focuses on the crucial correlation between organizational culture and a successful GDPR implementation. Read More...
Blockchain Perspectives: Part 2
March 27, 2018
Xceedance CEO Arun Balakrishnan and ChainThat CEO Dave Edwards talk about the future of blockchain in insurance. Read More...
Blockchain Perspectives: Part 1
March 23, 2018
Xceedance CEO Arun Balakrishnan and ChainThat CEO Dave Edwards discuss the partnership of their two organizations and the evolution of blockchain in insurance. Read More...
An SOS for BPO: Part Four
February 22, 2018
In our previous post, we shared the ways in which Strategic Operations Support (SOS) relieves insurers of operational pressure across the entire insurance lifecycle. In this fourth and final post on SOS, we point out the ways in which SOS can help insurers view their businesses as franchises (in the sense of predictable repeatability, as detailed by Michael Gerber in his seminal book, The E-Myth Revisited ). Read More...
An SOS for BPO: Part Three
February 7, 2018
Strategic Operations Support (SOS) allows core insurance operational activities to be managed by a knowledgeable cohort, who also shares the accountability for outcomes. By adopting SOS, insurers can better control costs (and non-compliance penalties), improve operations and leverage up-to-date capabilities. They can gain focused industry expertise and professional objectivity to ensure competitive responsiveness, to optimize internal resources, and to devote their attention to generating revenue. Read More...
Into the Light with Data/Analytics
February 5, 2018 | Amit Ranjan
Amit Ranjan, EVP, global service delivery at Xceedance comments on a recent report by industry analyst firm Strategy Meets Action (SMA), “Data & Analytics in Insurance: P&C View Through 2020,” which provides a high-level overview of where the property and casualty (P&C) insurance industry is today and where it is headed with data and analytics initiatives. Read More...
An SOS for BPO: Part Two
January 25, 2018
BPO allowed companies to concentrate on core, revenue-producing competencies by outsourcing the execution of the repetitive administrative functions of the back office. Strategic Operations Support (SOS) allows companies to employ insurance-specialist partners for core operational functions across the insurance lifecycle, while conserving time, resources, and operating costs. Read More...
An SOS for BPO
January 10, 2018
When business models become antiquated — and when terms, abbreviations, acronyms, and buzzwords fail to keep up with the evolution of business and technology in industries like insurance — you have to create something new. That’s why we created and continuously perform Strategic Operations Support (SOS) to succeed the sinking of conventional Business-Process Outsourcing (BPO). SOS isn’t a distress signal. It’s a lifesaver for rapidly changing insurance operations. Read More...
Xceedance and ChainThat discuss blockchain on RETV
December 4, 2017
Reinsurance magazine’s “RETV” recently talked with Justin Davies, Region Head - EMEA at Xceedance and David Edwards, CEO of ChainThat, on the potential of blockchain and the creation of insurance marketplaces within the industry. Read More...
Beyond Hype. Blockchain Shifts up a Gear.
November 19, 2017 | Matthew Grant
Matthew Grant, founder of Abernite and partner with Instech London spoke with David Edwards, CEO of ChainThat and Justin Davies, head of EMEA at Xceedance — on how ChainThat and Xceedance will collaborate and leverage the potential benefits of blockchain to streamline risk transfer between insurers and their markets. Read More...
Blockchain Q&A
October 25, 2017 | Marek Kaszczyc
In a Q&A with Intelligent Insurer’s Baden-Baden Conference daily publication, Marek Kaszczyc, vice president and head of Poland operations at Xceedance discusses the evolution of blockchain in insurance and how this technology can improve transactional transparency, increase data security and reduce fraud. Read More...
Emerging Technology and IoT Q&A
October 23, 2017 | Justin Davies
In a Q&A with Intelligent Insurer’s Baden-Baden Conference daily publication, Justin Davies, vice president and regional head of EMEA at Xceedance explores the landscape of emerging technologies and the prospects for robotics and artificial intelligence to transform insurance operations by boosting productivity, reducing turnaround times and improving process accuracy. Read More...
Enhancing Operations with Managed Services Partners
August 25, 2017 | Manish Khetan and Amit Tiwari
Manish Khetan, chief strategy officer and Amit Tiwari, chief technology officer at Xceedance advocate the benefits of industry-focused managed services partners with examples of how such providers can help bridge the gap of expertise and operational dexterity for insurers seeking efficiencies and growth in the age of insurtech. Read More...
The Benefits of Industry-Dedicated Managed Services Providers in an Evolving 4IR Environment
August 21, 2017 | Amit Ranjan
Amit Ranjan, EVP, global service delivery at Xceedance, explains how the insurance industry today is on a whirlwind learning curve. He predicts that while insurtech business models have the potential to create meaningful disruption in the industry, they also create new challenges for a variety of insurance stakeholders. Read More...
Typists Are Obsolete: A Parable for Emerging Technology in Insurance
August 15, 2017 | Arun Balakrishnan
Xceedance CEO Arun Balakrishnan explores the convergence of new technologies including AI, RPA and blockchain, and their potential to spur positive change, process optimization and growth for insurance organizations. Read More...
A Primer on the General Data Protection Regulation (GDPR)
July 31, 2017 | Marek Kaszczyc
With looming deadlines for General Data Protection Guidelines (GDPR), insurers are among companies worldwide gearing up to better safeguard data and meet the regulatory standards of GDPR. Marek Kaszczyc reviews key questions and procedures insurers should examine to optimize data protection and avoid significant penalties. Read More...
Are Underwriters Going the Way of Buggy Whip Salesmen?
July 14, 2017 | George Freimarck
A report by the Center for Business and Economic Research lists underwriting on the top ten list of occupations vulnerable to automation. But despite technology, experienced underwriters will continue to add value to insurance operations. Read More...
The Landscape of RPA in Insurance
July 06, 2017 | Gaurav Mathur and Vinay Sabharwal
Xceedance is exploring RPA to enhance the business processes of insurers, helping to reduce operational costs, gain efficiency and improve overall accuracy and customer experience. Read More...
Can the Lloyd’s Market Overcome the Lake Wobegon Effect?
June 30, 2017 | Justin Davies
The objective of the London Market Group’s Target Operating Model (TOM) is to ensure that risk assessment data is cleansed once and then distributed to all relevant parties, thus increasing efficiency, reducing duplication and costs and ensuring uniformity of information for the entire Lloyd’s market. Removing barriers to exposure data efficiency can only lead to an improvement in the market. Read More...
Data Precision and Timeliness Fuels Exposure Management
June 26, 2017 | Leo Lockwood
Exposure management is a vital part of the insurance industry’s service offerings. But the quality of risk data provided to underwriters is poor, with most submissions requiring significant enhancements. Even to achieve marginal gains, each part of the process needs to be examined and improved. Read More...
At the Movies: Artificial Intelligence, Robotics and the Human Touch
June 23, 2017 | Deborah Grey
Artificial intelligence and robotics are inevitably tied to our future business and personal interactions. Yet, human intuition and expertise will remain key to leveraging the decision-making benefits that will emerge as a result of intelligent technology. Read More...
CEO Arun Balakrishnan Shares Thoughts on the Future of Blockchain Technology
May 18, 2017 | Arun Balakrishnan
Xceedance CEO Arun Balakrishnan recently provided some perspective on the potential of Blockchain in insurance markets.
Startup City Covers the Unique Journey of Xceedance
May 11, 2017
Startup City magazine highlights the emergence of Xceedance as a disruptor of traditional business service models in insurance.
Xceedance Expands Industry Reach with Two New Memberships
May 1, 2017
Xceedance joins Target Markets and NASSCOM to connect with global insurance program administration markets and with the technology/business service provider community in India.
Xceedance Becomes Associate Member of AAIS
April 20, 2017
Expanding its reach as an industry-focused strategic consultancy and managed services provider, Xceedance is delighted to join the American Association of Insurance Services (AAIS) as an associate member.
To Boldly Go...
March 22, 2017 | Sachin Kulkarni
I’m a Trekkie and a pretty obsessed one at that. If you are wondering what Gene Roddenberry’s extraordinary creation has to do with insurance, humor me and I’ll explain.
Coming to Grips with the 4th Industrial Revolution
March 9, 2017 | Justin Davies
The term “Fourth Industrial Revolution” (4IR) first shot to prominence when it was the theme of the World Economic Forum (WEF) in Davos last year, and it was the subject of a short book by WEF founder Professor Klaus Schwab. It is an emerging buzz phrase among technologists, futurists, big data scientists and the digital cognoscenti. But to most people, it remains a relatively unknown concept.
Xceedance Sponsors a Leading CAT Risk Management Event
February 20, 2017
Xceedance is proud to be a silver sponsor of the CAT Risk Management & Modelling Europe 2017 conference at the Grange Tower Bridge Hotel, London, March 1-2, 2017. Read More...
The 6i Data Sciences Maturity Framework
January 25, 2017 | Rajesh Iyer
Over the past few years, I have had the opportunity to visit with a few hundred general managers (GMs) at mostly large insurance enterprises. While all were polite and patient, many expressed reservations when I tried to persuade them to make new, or deeper, investments in data sciences. Read More...
Xceedance Launches New Website
January 8, 2017
In an effort to better align our services with the insurance lifecycle and the needs of insurance organizations, Xceedance launched a new website. Read More...
Xceedance Targets a New Outsourcing Model
January 5, 2017
Reactions, one of the leading news outlets in the insurance industry, recently wrote a feature on Xceedance and its new outsourcing model. Read More...
Xceedance Featured in SiliconIndia
December 30, 2016
A blend of technical knowledge and insurance expertise has helped set Xceedance apart, according to a recent profile in SiliconIndia. Read More...
Xceedance Opens Operations Center in Poland
December 10, 2016
Xceedance announced the opening of a new operations center in Krakow, Poland, the latest in a series of international expansion steps to capitalize on new business opportunities around the world. Read More...
Technology Continues to Revolutionize the Insurance Industry
December 7, 2016 | Amit Tiwari
The insurance and reinsurance industries are awash with an enormous amount of data, much of which is not being utilized to improve the efficiency and profitability of business. Read More...
Davies Shares Thoughts on the Perpetually Soft Insurance Market
November 29, 2016
Justin Davies, newly appointed head of the EMEA region, recently shared his thoughts on the realities of a perpetually tough insurance market in an article for Global Re-Insurance. Read More...
Reversing the Standard FTE Staffing Model for Competitive Advantage
November 27, 2016 | Justin Davies
Until recently, traditional market wisdom was that insurance and reinsurance pricing moved in cycles. But the era of fairly predictable market cycles has expired with few believing it will return in a recognizable form. Read More...
Iyer Joins Xceedance as SVP, Head of Data Services
November 18, 2016
Rajesh Iyer has joined Xceedance as senior vice president - head of data sciences. Read More...
Supporting Insurance Transformation with Managed Services
November 9, 2016 | Arun Balakrishnan
Partnering with outside suppliers to improve their efficiency and save money is nothing new for insurance companies. Read More...
Xceedance Opens London Office
November 1, 2016
Xceedance recently announced the opening of its London office, a continuation of the company’s ongoing growth and commitment to expanding as a worldwide provider of insurance technology, analytics and consulting services. Read More...
Freimarck Joins Xceedance as Vice President of Business Development
October 30, 2016
The business development team at Xceedance was expanded in the summer with the addition of announce that George Freimarck as vice president of business development. Read More...
Xceedance CEO Shares Thoughts on Changing Trends in the Insurance Workplace
October 26, 2016
A while back, our CEO Arun Balakrishnan shared his thoughts with the Insurance Technology Association (ITA) on changing business and workplace trends in the insurance industry. It’s a timely topic, so we wanted to revisit it in our blog. Read More...