Brokers, agencies, MGAs, and wholesalers

Brokers, agencies, MGAs, and wholesalers

Make sense of digital and data to reimagine your insurance business and deliver better experiences and outcomes

Brokers, agencies, MGAs, and wholesalers

Make sense of digital and data to reimagine your insurance business and deliver better experiences and outcomes

Enabling our clients to be a data, technology, insights and solutions-led organization with deep product and industry expertise

EXL supports agencies, brokers, MGAs, and wholesalers at every stage of their data-led evolution. Our digital operations management, data and analytics and digital transformation solutions drive workforce enhancement. Our solutions introduce and embed process intelligence through analytics and AI, redesign omnichannel UX to create fluidity and flexibility, and ultimately deliver hyper-personalization for the customer and growth through data monetization.

How EXL helps clients facilitate a data-driven redesign of their business

1. Eliminate manual effort in converting documents, text and images into clean data using EXL’s AI solutions.

2. Redesign critical operational workflows that are manual and slow due to legacy technology, data stores and processes. Leverage intelligent digital workflows and automated decision models.

3. Reduce costs and improve NPS within customer service operations. Utilize AI solutions for proactive digital adoption and omni-channel connections between contact centers and digital servicing.

4. Automate quality and compliance to avoid penalties and reduce customer friction due to errors.

5. Increase adoption and ROI from existing digital technologies by providing talent with the right mix of domain and digital expertise. 

6. Increase quality of internal and external data and leverage for strategic business insights and building new analytics models

7. Augment talent to execute the digital backlog across the client enterprise.   

Featured insights
Insurance might be commonly regarded, from the outside at least, as being one of the most traditional industries. But behind that stereotype, powerful transformation is beginning to take place using some of the most innovative solutions available today.
In today’s insurance market, MGAs, MGUs and wholesalers face several important challenges to transform their traditional operations. Chief among these are talent expense and recruiting difficulties, the growing need for speed and innovation to remain competitive, and cost pressures that are squeezing margins.
Certificate of insurance is a point in time document confirming proof of coverage and is a critical document for the insured since this could define if they get a new contract, get paid against their invoices or are permitted to perform their work at their employer work site.
Certificates of insurance (COIs) are critical for the insurance industry. These documents provide organizations that utilize suppliers to deliver goods and services with proof of insurance coverages and limits. While significant digital enhancements have been made in other areas of the insurance industry, the underlying process for managing COI issuance is still largely manual.
Real Time Insurance Verification provides continuous proof of insurance. This is an industry utility solving longstanding fundamental problems of COIs (Certificate of Insurance) being point-in-time vs. real time documents, process of managing COIs is inefficient and costly for all stakeholders – Requestors, Insureds, Brokers and Providers and it is difficult to maintain compliance between renewals.