More precise model results allowed the client to better estimate its loss reserving requirements and optimize its business portfolio.
To support the client, Xceedance actuaries learned state coverages and regulatory requirements, prepared rate filings and built rate impact studies.
The client and Xceedance agreed to follow a controlled approach to transition and transform policy issuance.
A web portal developed by Xceedance delivered actionable business reports to select decision makers throughout the client organization.
One of the best capitalized insurance groups in the world asked Xceedance to develop a unique online distribution system for commercial insurance.
Leveraging diverse policy system competency at Xceedance, the client was able to transition and complete a stalled PAS implementation project.
The Xceedance solution validates ACORD compliant quote requests, applies a complex rating algorithm and responds with a premium quote.
With a focus on improving accuracy and turnaround times, Xceedance ensured data consistency between binders and invoices.
Financial processes were consolidated by an experienced team of Xceedance accountants with international regulatory reporting aptitude.