LDS New Business
LDS new business and underwriting solution
LDS new business and underwriting solution
Drive sustained, profitable growth for new business and underwriting
Do you need a cloud-based, automated new business and underwriting solution that makes the buying process easier and faster for customers and advisors? With LDS you can speed your time to market, gain efficiencies to drive your new business and underwriting journey, and get real-time insights for better decision-making.
How LDS new business and underwriting solution is different.
Get up and running quickly with simple, no code configuration
Launch new products in days, not months
Support underwriting decisions with straight-through processing capability
Easily integrate into existing systems
Reduced overall cost of ownership
Rapid product build
Fully agnostic – any product, platform, location, or channel
- Easily integrate into existing systems
- Reduced overall cost of ownership
- Rapid product build
- Fully agnostic – any product, platform, location, or channel
What we do
LDS is a comprehensive digital new business and underwriting platform with a flexible eApp and full automated underwriting and workflow capabilities. You can automate your entire new business and underwriting process from receipt of app through to policy issue.
Any device, anywhere, anytime
Access any product at your convenience with our flexible eApp solution.
Configurable omni-channel front end
Connect to any existing client and pricing systems
Pre-built product templates
Responsive, multi-device design
Automated case management
Comprehensive underwriting workbench provides full control back to the underwriter.
Unified view for one interface to complete work
Easily request more information from clients
Integrate external data sources such as
APS requests; MIB, MVR and others
Easy assessments with customized or pre-built dashboards
Analytics across entire solution
We transform your data into valuable insights to support your business.
Visual management dashboards
360-degree views of pipeline
Heatmap views of rule performance and automation
Business performance, workload, and costs tracking
Configurable underwriting engine
Flexible, no-code solution supports any product and any channel.
Pre-configured templates and rules
Simple, no-code visual configuration
Third-party data integration
Mike is recognized as a thought leader in the insurance TPA and BPaaS domains. He brings over 30 years of experience in the professional services, practice, cloud consulting and managed technology services segments. Mike’s core expertise resides in operations and technology consulting, specifically in leveraging digital capabilities and assets to drive measurable business outcomes. Prior to EXL, Mike served in several senior leadership roles at NTT DATA Services.
Mike is a graduate of the University of Massachusetts with a Bachelor of Science in Economics, with a minor concentration in Computer Science.
Tom leads the sales and marketing efforts for LifePRO® and the LifePRO® Digital Suite platforms. He has over 30 years of success in management consulting, solving complex business problems and creating business value in the life and annuities insurance markets.
As an EXL client executive, he works with insurers to identify opportunities and develop solutions, as well as provide executive client relationship support. He has led and grown businesses, developed new product and service offerings, and provided strategic consulting services. He plays an integral part in the overall strategy and direction of EXL’s life and annuity platform as well as TPA services. Tom has published articles and represents EXL at conferences and with the analyst community.
Ajmal Malik is one of the key architects that has designed and built the LDS platform and subsequently delivered and implemented the solution successfully throughout the US, UK and Europe for the past decade to a number of clients. Ajmal has been building and implementing software systems within the life, banking and the financial services sector for over 20 years. He started his career as a Business Analyst leading to a number of roles around platforms across the financial services sector. Ajmal is responsible for establishing the LDS Product Roadmap and directing the evolution of the platform.
Rick leads the sales efforts for the LDS New Business and Underwriting platform. He has over 20 years of experience helping carriers achieve their objectives through software solutions, BPO and TPA services. Rick plays a key role in the development of strategies and execution to grow the market share of LDS within the life, annuity and specialty benefits space for both individual and group carriers. Rick received his degree in Finance from the University of Colorado and an MBA in Information Systems from DePaul University.