EXL Named a Partner of the Year for Technology and Innovation by AflacTuesday, April 7, 2015
EXL (NASDAQ: EXLS), a leading business process solutions company, was recently named a 2014 Partner of the Year by Aflac, the leading provider of voluntary insurance at the work site in the United States. EXL received the award in the Technology and Innovation category for MedConnectionSM, a comprehensive medical record and bill analysis solution.
“We’d like to congratulate EXL for this well-deserved recognition,” Aflac Director of Strategic Sourcing, Wassel Lewis said. “As a leader in our insurance industry, Aflac is committed to working with vendors that help us provide fast and efficient services for our policyholders. As a partner, EXL has played a critical role in our continuous improvements.”
EXL launched MedConnectionSM in 2013 to empower carriers to make more accurate and consistent claim handling decisions. MedConnectionSM delivers an impressive three to five times greater return on investment by standardizing the organization, analysis and reporting of medical record reviews, employing deep domain specialists and leveraging scalable technology.
“We’re honored to have been chosen as Partner of the Year among Aflac’s more than 2,000 suppliers and partners,” said Keith Johnson, Senior Vice President and Head of Life Insurance for EXL. “Being able to reduce turnaround time and improve customer experience through MedConnectionSM has enabled Aflac to continue its history of industry-leading service.”
The award was announced at an event hosted by Aflac in Columbus, Georgia.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For nearly six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leading provider of voluntary insurance at the work site. Through its trailblazing One Day PaySM initiative, Aflac U.S. can receive, process, approve and disburse payment for eligible claims in one business day. In Japan, Aflac is a leading provider of medical and cancer insurance and insures 1 in 4 households. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. For nine consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World’s Most Ethical Companies. In 2015, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 17th consecutive year. Also, in 2015, Fortune magazine included Aflac on its list of Most Admired Companies for the 14th time, ranking the company No. 1 in innovation for the insurance, life and health category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac and One Day PaySM, visit aflac.com or espanol.aflac.com.