Xceedance Welcomes George Freimarck as Vice President of Business Development

XCEEDANCE WELCOMES GEORGE FREIMARCK AS VICE PRESIDENT OF BUSINESS DEVELOPMENT

BOSTON, May 31, 2016 — Xceedance, a global provider of insurance and consulting services across all lines of property and casualty (P&C) insurance, is pleased to announce George Freimarck has joined the company as vice president for marketing and business development.

Freimarck’s responsibilities at Xceedance will include developing strategy and execution for building the Xceedance brand globally, while simultaneously extending the company’s client base. His efforts to increase market presence for Xceedance will compliment business development efforts and help to establish a baseline awareness of the company’s capabilities within an already well-informed target segment of the insurance industry. Freimarck will report to Xceedance’s CEO, Arun Balakrishnan, in the company’s Boston office.

“I’m excited about the potential Xceedance has to reshape the services marketplace in the insurance industry,” said Freimarck. “This company truly has the ability to help insurance organizations capitalize on the unprecedented technology change happening across all P&C lines of business right now.”

Freimarck has an extensive background in providing solutions to the risk transfer industry, with a background in reinsurance, risk syndication, and advanced analytics. Most recently, Freimarck was practice leader with CoreLogic, and prior to that, he was senior vice president with Munich Re, where he was intricately involved in risk syndication for financial market clients, operating an intra-group brokerage service, and recommending reinsurance solutions for P&C insurers and reinsurers. Freimarck began his career as a reinsurance broker with Guy Carpenter, a division of Marsh, with client responsibilities for Japanese, Swiss and U.S. insurers.

“George is already adding value to the Xceedance management team by bringing a strong risk management and reinsurance perspective to our services,” said Arun Balakrishnan, CEO of Xceedance. “As Xceedance expands globally, George’s experience and skill set will be key. His business development skills, experience working with insurance and reinsurance companies and producers, knowledge of industry analytical tools, and global connections throughout the industry will provide a laser sharp focus for our growth and client acquisition strategies.”

With offices in the U.S. and India, Xceedance provides modern, collaborative support services to new and growing P&C insurers, reinsurers, brokers, managing general agencies (MGAs) and program administrators. The expertise Xceedance delivers to insurance organizations on a daily basis includes technology implementations and project management, business process outsourcing (BPO), analytics initiatives, and process optimization for critical functional insurance areas such as actuarial, underwriting, and claims.

About Xceedance

Xceedance is a global provider of insurance analytics and consulting services to property/casualty insurers, reinsurers, brokers, managing general agents and program administrators. With offices in the United States, United Kingdom, Poland and India to serve a diverse community of clients, Xceedance partners with insurers to launch new products, drive operations, implement cutting-edge technology, and deliver advanced analytics capabilities and process optimisation. The company deploys teams of experienced insurance professionals to help insurers worldwide enhance policyholder service, enter new markets, boost workflow productivity and improve profitability. For more information, visit www.xceedance.com.

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Media Contact: Stephen Breen
Telephone: +44 (0)7843 076556
Email: stephen.breen@rein4ce.co.uk
Website: www.xceedance.com