Xceedance partners with P&C and Specialty insurers, reinsurers, brokers, and MGAs/MGUs worldwide to launch new products, drive operations, implement cutting-edge technology, and deliver advanced analytics capabilities and process optimization.
We understand the risks and opportunities of the life insurance market and work closely with life re/insurers to accelerate digital transformation, streamline risk management, optimize critical business workflows, and reimagine the policyholder journey.
Insurance CIO Outlook, a leading insurance technology publication, announced the ‘Top 10 Blockchain Solution Providers' for 2018. ChainThat, a strategic partner of Xceedance, featured on the list and has been recognized for its innovative Insurance Blockchain Framework that powers robust enterprise collaboration solutions. The framework seamlessly integrates with existing policy administration systems and enables re/insurance consortiums to experiment, fail-fast, and develop sophisticated trading relationships.
RPA and AI promise to deliver significant business benefits and cost savings for re/insurers, but intelligent technologies should not be viewed as an all-encompassing solution to achieve those objectives. Xceedance board member, John Begley, explores why insurers should identify IT use cases that complement the company's growth and culture, and consider pilot projects before fully investing in enterprise-wide implementations of smart automation.
David Edwards, CEO of ChainThat — a strategic Xceedance partner and blockchain pioneer — joined a panel discussion at the 2018 Global Insurance Symposium. As noted in this roundup article, the panel focused on the role of blockchain in insurance operations, and examined insurer adoption challenges in integrating blockchain solutions and core systems.
“We have eliminated significant manual practices and streamlined our interactions with brokers and agents. The abilities of Xceedance to develop system communications and integrate automation with diverse platforms has enhanced our operation.”
Technology Officer | Global Insurance Broker
The Xceedance approach to claims automation allows us to be more responsive to the needs of our customers. Technology and consulting from Xceedance have streamlined our claims operation and support our current and future requirements.”
Head of Claims Operations | Specialty, Commercial and Personal Lines
“Xceedance delivered the exact rating and pricing solution in precisely the right timeframe. So we were fully prepared for our product launch and positioned for success. Xceedance demonstrated vast expertise and drive.”
Director of Operations | Multinational General Insurance Group
"We are pleased with the continuous productivity and collaboration between our organization and Xceedance. We are looking to expand the Xceedance team even further to support our growth strategy."
Vice President, IT | Subsidiary of a Global Specialized Casualty and Liability Insurer
“Today, we can process submissions in less than a day. Before deploying the Xceedance submission system, our underwriters were forced into administrative tasks. Now they can focus on growing our business.”
Vice President, Underwriting | Global Commercial and Specialty Lines Carrier
Proven Expertise and Value
of staff possesses significant insurance acumen
ongoing insurance operations and technology engagements
quotes delivered in 2 years for a global underwriting agency
reduction in policy issuance time for a major P&C insurer