Top global specialty insurer accelerates submission clearance, reducing handling time by close to 60%
A leading specialty insurer wanted to build a robust, automated submission platform to improve organizational efficiency and support the rapid global expansion of their business. The platform was envisioned to completely automate the extraction of data from broker emails, perform submission clearance, and create submissions in the policy administration system (PAS).
Xceedance team helped the insurer experience faster processing of submissions and significant improvement in broker experience due to automated responses and the elimination of handoffs. There was greater visibility into the submissions process with granular dashboards and reports, and additional bandwidth creation for underwriters to write more business and build lasting customer relationships.