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Strategy
Negative interest rates in major economies, a rapidly aging population, and stringent solvency regulations are all challenging the traditional business model of life re/insurers. Life insurance organizations are striving to reposition themselves, plug revenue leakage, and attract new customers. It is becoming evident that insurers must leverage technology tools to deliver new products at lower costs.
The strategy consulting approach of Xceedance helps life insurance organizations tackle those challenges, drive organization-wide transformation, and achieve sustainable business growth.
It encompasses:
Your Challenges
- Current process/technology is too sensitive to change
- Claims, reserving and ERM modeling
- Aggregated risk liabilities
- Data/process integrity
- Quarterly and annual reporting
- Statutory/financial reporting
Startup services
- Set up a new insurance company
- Enter new markets
- Set up new sales channels
Interim management resources
- Set up a new insurance company
- Enter new markets
- Set up new sales channels
Legacy system
- Evaluation of current IT solution
- Assessment and implementation of a new legacy system
Contact Us
Please CONTACT US today to learn more about the ways in which we can help you achieve your strategic objectives.