Actuarial transformation

Actuarial transformation

Reimagining the actuarial function of the future

Actuarial transformation

Reimagining the actuarial function of the future

Reimagining the actuarial function of the future

EXL is enabling a bold vision for insurance actuarial operations strategy. Leaders in this space are seeking lower operating expenses, improved productivity, and more flexibility. EXL is charting a path with its clients, delivering the actuarial talent, domain experience, transformation methods, and infrastructure to reshape traditional ways of working and truly reimagine of the actuarial function of the future.

Featured insights
EXL XTRAKTO.AI™ is an AI-powered suite of enterprise Intelligent Data Processing solutions, services, and reusable components that processes unstructured text and images. Combining AI with deep insurance domain expertise, EXL XTRAKTO.AI™ rapidly processes documents related to servicing, new business, and claims to generate insights.
Global events of the past three years have accelerated the shift to digital across every function of an organization, from operations to marketing and everything in between. And, as new consumer behaviors emerge and the demand for instant gratification with digital transactions continues to increase, only those who have embraced this shift will succeed.
Fraud capture requires an understanding of non-intuitive patterns. Historically, the process has largely depended on the understanding and experience of claim handlers.
Leadership
Rahul-Nawab Namit Chopra
Rahul Nawab
Practice Leader, Insurance Analytics

Rahul brings over 20 years of experience in leadership and analytics. He has held several senior roles in the banking and insurance analytics industry. At EXL Service he is responsible for business development, client engagement and overall growth of the Insurance Analytics business. Throughout his career, Rahul has co-founded several companies and held a variety of senior management roles, giving him a breadth of experience across a wide spectrum of verticals. Rahul is often invited to industry events to speak before corporate leaders and is a mentor to various associations in Banking & Insurance domain. He was recently nominated as the mentor at Global Insurance Accelerator- a mentor-driven business accelerator designed to foster innovation in the insurance industry. He can be reached at Rahul.Nawab@exlservice.com.

Namit Chopra
Vice President, Insurance Analytics

Namit has almost 13 years of experience in providing advisory and analytics services to leading global insurance carriers across product, marketing & distribution, claims and actuarial operations in the US, UK and Europe, Latin America, Asia Pacific and Australia markets. He has a proven track record in building complex analytics and data science engagements and leading edge capabilities, establishing best in class talent acquisition and development programs, and designing innovative delivery models that have been instrumental in the market-leading success of EXL’s Insurance Analytics practice. Namit has a Masters degree in Business Econometrics and a Bachelors in Science from St. Stephens College, University of Delhi, India. He can be reached at Namit.Chopra@exlservice.com.