With underwriting services from Xceedance, you can bolster risk management, improve the accuracy of your quoting, while saving the valuable time of your underwriters. We can spend the time your underwriters cannot afford to spend (and save them up to 80 percent of that time).
Our underwriting services incorporate the entire range of pre-quote analytical services including analysis of loss run reports, exposure compilation, checking data for accuracy, creating standardized data template files, and compiling underwriting reports. In addition, once we analyze the data, we can make it ready and available in any format insurers might choose. Our underwriting team also can compile all submission data uniformly, regardless of regional or LOB variations, aggregate losses, analyze and highlight data issues, and deliver data and analytics used for generating quotes.
In short, we help underwriters build profitable books of business. By performing pre-quote analysis, we allow underwriters to focus more directly on critical tasks such as risk analysis and pricing. Using advanced tools and applications, we streamline the process of compiling losses and exposures, leading to more accurate pricing.
Because we are entirely insurance focused, there is no learning curve, no ramp-up time, and no waiting for activity or results.