An Excess & Surplus lines carrier wanted to expand into the U.S. admitted commercial lines market countrywide.
The Xceedance team of credentialled actuaries with insurance company backgrounds helped the client, a U.S. based personal lines carrier, implement practical planning solutions in a timely matter.
The MGA licensed in all 50 U.S. states engaged carriers and reinsurers with solid data-backed studies, strengthening their position to secure additional capacity.
ECM increased speed to market on new rates through this engagement, minimizing adverse selection and maintaining competitiveness. They gained detailed insights, ensuring continued growth and profitability, and experienced successful approval of filings and implementation of rates by coverage.
By utilizing the Xceedance team to fill staffing gaps, the client maintained its competitive advantage and ensured a smooth transition back to their internal resources at the right time.
Xceedance deploys a leading-edge, graded data cleansing solution for a global insurance provider, reducing data processing time by 45%.
Xceedance delivers a seamless claim management experience, real-time operational visibility, and cost optimization.
Xceedance partnered with a global insurer to set up a credit analysis practice, effectively supporting the underwriting process for surety insurance and boosting underwriters’ capabilities.
Expert implementation of the Duck Creek platform by Xceedance helped the insurer kick off its new system with modern and efficient digital tools.