Through commentary and exploration of timely topics, our industry-focused experts contribute to a better understanding of insurance processes and systems.
Browse through case studies on fundamental challenges for insurance organizations, and the outcomes and impacts of managed services solutions for key operational and platform requirements.
Delve into perspectives and research — offered by Xceedance, and in partnership with leading industry practitioners and analysts — on insurance technology, data sciences and analytic methods.
Visit the Xceedance blog for more forward-looking viewpoints on insurance innovation and transformation.
Managed Services Support Insurance Operations
As an operations and technology-focused managed services provider, Xceedance is a strategic consulting partner for insurers — helping them to modernize operations, adapt in the digital age and flourish in an increasingly customer-centric market.
Read More...Xceedance Targets a New Outsourcing Model
Xceedance has expanded its business in recent years, including setting up a new London market office, targeting the City’s concentration of re/insurance firms. Advanced analytics, infrastructure management and process engineering form the lion’s share of Xceedance work, according to the CEO. He also provides a concrete example of how Xceedance worked with a recent Australian client.
Read More...Strategic Consultancy and Managed Services
Clients view the relationship with Xceedance as a direct contributor to improvements in their combined ratios and a source of multi-million dollar returns on investment.
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Roundtable: Intelligent Technology and Data Strategy – A Paradigm Shift for Insurers
In a roundtable discussion, four senior executives consider how insurance organizations are implementing emerging technologies and data resources — to drive meaningful transformation and innovation in insurance operations.
Read More...Navigating the Fourth Industrial Revolution With Insurance-Managed Services
Amit Ranjan highlights the benefits of industry-dedicated consultative partners for insurance-managed services in the fast-evolving environment of the “next industrial revolution.”
Read More...Winning With Managed Services in the Age of InsurTech
Manish Khetan and Amit Tiwari examine the challenges insurance organizations face in adopting emerging technologies, and how industry-focused managed services partners can help bridge the gap of expertise and operational timeliness. (Registration required)
Read More...The Wired Underwriter
One of the stated objectives of Xceedance is to reinvent the enterprise managed services model in the insurance sector. According to CEO Arun Balakrishnan, in the next 10 years, insurance companies are going to be data and technology companies. And, the two main organizational functions of operations and IT within insurance companies — which are often separate — will need to be better integrated and merged.
Read More...Xceedance Enables Business Transformation
Xceedance features a comprehensive array of skills and services for just-in-time, incisive services based on the business and technical requirements of diverse insurance organizations.
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Broker Growth
Tapping vast experience with software solutions, Xceedance created a customized processing platform using advanced technology.
Read More...Directors and Officers Liability Insurance Pre-Underwriting Analysis
A global insurance carrier needed customized underwriting analysis for setting premium and to free up senior underwriters for business development.
Read More...Submission Clearance
Xceedance designed a work allocation tool and an automated submissions clearance system to significantly reduce processing time.
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Commercial Auto and GL Underwriting and Pricing
A client turned to Xceedance to provide underwriting expertise to support and update the experience rated pricing models.
Read More...Offshore and Onshore Energy Exposure Management
As part of its vision to achieve more accurate exposure reporting, a global broker wanted to transition to a specialized aggregation system for all lines.
Read More...Terrorism and Political Risk Facility Management
A leading global risk manager wanted to roll out a global terrorism product, and to act as an underwriting arm for various Lloyd’s syndicates.
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CAT Modeling
More precise model results allowed the client to better estimate its loss reserving requirements and optimize its business portfolio.
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Admitted Lines Rate Filing (ISO Products)
To support the client, Xceedance actuaries learned state coverages and regulatory requirements, prepared rate filings and built rate impact studies.
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Policy Servicing
The client and Xceedance agreed to follow a controlled approach to transition and transform policy issuance.
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Automated Financial Reporting
A web portal developed by Xceedance delivered actionable business reports to select decision makers throughout the client organization.
Read More...Direct Selling Platform for Commercial Lines Insurance
One of the best capitalized insurance groups in the world asked Xceedance to develop a unique online distribution system for commercial insurance.
Read More...Duck Creek Competency
With Duck Creek competency at Xceedance, the client was able to transition the stalled project from an IT consulting firm.
Read More...Rating/Pricing Engine Design and Implementation
The Xceedance solution validates ACORD compliant quote requests, applies a complex rating algorithm and responds with a premium quote.
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Flight Delay Prediction Model
Xceedance developed a flight delay prediction model, helping a travel insurer gain better insight on delays at the point of sale.
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Claims Operations
Xceedance implemented new automation tools and streamlined processes for consistent and claims processing across regions.
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Credit Control
With a focus on improving accuracy and turnaround times, Xceedance ensured data consistency between binders and invoices.
Read More...Finance & Accounting
Financial processes were consolidated by an experienced team of Xceedance accountants with international regulatory reporting aptitude.
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Data and Analytics in Insurance: P&C View Through 2020
A comprehensive 2017 SMA survey and analysis on data and analytics in the North America P&C industry. Survey participants included personal and commercial lines insurance executives and professionals from both business and IT disciplines.
Download...The New Era of Analytics in Insurance: Leveraging the SMA Data and Analytics Spectrum
In response to a changing landscape, the SMA Data and Analytics Spectrum has evolved into its next generation. This report provides a framework for benchmarking, planning, and executing data/analytics strategy.
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Roundtable: Intelligent Technology and Data Strategy – A Paradigm Shift for Insurers
In a roundtable discussion, four senior executives consider how insurance organizations are implementing emerging technologies and data resources — to drive meaningful transformation and innovation in insurance operations.
Download...