PROPERTY & CASUALTY TECHNOLOGY PLATFORMS

EXL technology is leveraged in concert with services that simplify operations and decision analytics that improve efficiency and customer service. Together they strengthen business models and help retain and attract customers in today’s highly competitive insurance market.

SUBROSOURCE®

Insurance companies have come to understand they can no longer afford the high cost of ill-conceived and poorly executed subrogation systems. Many see streamlined subrogation as an imperative, a necessary and effective means of cutting costs and bolstering competitive advantages.

The industry’s largest independent subrogation platform, Subrosource® refines recovery workflow, increases recoveries and reduces costs. The platform has recovered more than $9 billion to property and casualty insurers.

Repairing a poorly performing subrogation system first requires an understanding of the problem, which frequently arises from a lack of discipline and focus.

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THOUGHT LEADERSHIP

Moving Insurance BPO into the As-a-Service Economy

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MEDCONNECTIONSM

Medical expense losses account for up to 10 cents of every premium dollar and continue to increase 5% annually. MedConnection℠ is a medical claims summarization and analytics tool that structures source medical documents in order to improve claims and rating decisions. The platform delivers five times ROI by improving consistency, summarization time, indemnity, documentation, and data warehousing.

MedConnectionSM offers:

  • Conversion to searchable text using character recognition and semantic analysis tools
  • A direct link to source documents with “drill-through” highlights
  • Enhanced clinical and underwriter interaction with the medical file
  • An analysis tool that provides clear net financial impact
  • The ability to query output and review a flexible reporting suite
  • Integration with bolt-on capabilities such as Prescription, Medical Treatment and Medical Bill analysis
  • Support for future model-based decision analytics capabilities

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POINT SOLUTIONS

  • Premium Audit
  • Property Survey
  • First Notice of Loss
  • Healthcare Knowledge Bank

READY TO LOOK DEEPER?
CONTACT OUR PROPERTY & CASUALTY LEADERSHIP TEAM.

 


GET IN TOUCH WITH US

Mail

lookdeeper@exlservice.com

Address

280 Park Avenue, 38th Floor

New York, NY 10017