Xceedance Continues Business Growth and Geographic Expansion
New clients and increasing demand for Strategic Operations Support (SOS) prompt enterprise growth.
BOSTON, December 4, 2018 — Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, continues to grow its client base, and its geographic footprint worldwide.
Among the varied new clients are two reinsurers in Bermuda, a start-up MGA in London, a top 10 international insurer based in Europe, and an MGA in Australia. In boosting its client base by more than 20 percent in 2018, Xceedance also recently announced the addition of offices and insurance-focused resources in the U.S., the U.K., Germany, and Australia.
“The abilities of Xceedance to provide technology to drive insurance process optimization, in conjunction with a unique consultancy and methodology for Strategic Operations Support (SOS), are resonating with a diverse cross-section of re/insurance organizations,” said Travis MacMillian, chief business officer at Xceedance. “Demand for our services is on the rise because we’re transforming the traditional notions of partner relationships in improving overall insurance functions. Xceedance is delivering comprehensive and efficient ways for re/insurers to advance operationally and strategically. And we’re saving our clients time and money in the process.”
According to Macmillian, Xceedance is seeing high interest from relatively smaller companies, including mutual insurers, MGAs, and startups. “It’s an underserved market but one that can benefit greatly from SOS and intelligent technologies. Recognizing the contributions of insurers in this market segment to their communities, SOS encompasses specialized services and tools to rapidly optimize operations.”
Organized in client-aligned capability units (practice areas) — that include Insurance Operations, Underwriting, Catastrophe & Exposure Management, Actuarial Services, Policy Services, Technology & Core Systems, Data Sciences, BI & Reporting, Claims, and Finance & Accounting — the expertise of Xceedance extends business and technology process optimization for re/insurers across the insurance value chain. Xceedance is vastly experienced in property/casualty commercial and personal lines of business and life and annuity portfolios.
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Xceedance is a global provider of strategic consulting and managed services, technology, and data sciences 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.
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Media Contact: Jennifer Overhulse
Company: St. Nick Media
Telephone: +1 859 803 6597