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Xceedance Achieves CMMI Maturity Level 3

XCEEDANCE ACHIEVES CMMI MATURITY LEVEL 3

Certification reinforces the company’s commitment to quality in software development, maintenance, and quality assurance.

BOSTON, February 11, 2019Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced the company has achieved Maturity Level 3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI®-DEV) for software development, maintenance, and quality assurance.

The Maturity Level 3 benchmark demonstrates the company’s focus and commitment to deliver the highest quality insurance software solutions, developed in accordance with mature management and engineering processes, by a team dedicated to continual improvement.

In December 2018, Xceedance underwent a formal evaluation in which independent appraisers conducted a detailed capabilities assessment at the company’s state-of-the-art development center in Gurgaon, India. The goal was to assess Xceedance as a process-driven organization, and to certify the company as a mature provider of technology-driven business solutions to existing and potential clients.

“Achieving Level 3 is a proud moment for Xceedance as it demonstrates and validates our abilities to employ high quality processes, powerful design evaluation, and enhanced project-management techniques — which help us in providing robust solutions to enable the success of our clients worldwide,” said Prateek Vijayvergia, vice president, Technology and Application Services, and sponsor of the CMMI initiative. “The CMMI appraisal is a significant step in sustainable technology and services delivery, and it is vital we always incorporate and improve process reliance to minimize people dependence where it makes good sense.”

Xceedance is continuously working to increase productivity and efficiency for the benefit of its global insurance organization clients. The company holds ISO 9001:2015 and ISO 27001:2013 certifications. The Maturity Level 3 appraisal successfully completed by Xceedance further verifies standardized processes are implemented in accordance with established organizational policies. The appraisal also validates projects are monitored, controlled, reviewed, and continually evaluated — to deliver enduring value via end-to-end process-driven business solutions.

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About Xceedance
Xceedance is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology and blockchain solutions, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable re/insurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. For more information, please visit www.xceedance.com.

Media Contact: Jennifer Overhulse
Company: St. Nick Media Services
Telephone: +1 859 803 6597
Email: jen@stnickmedia.com