Annuities
Why EXL?
High interest rates are driving up returns on annuities and indexed products. Carriers are focusing on launching newer and more personalized products. How do you satisfy growing demand and still operate efficiently?
EXL’s digital solutions are designed to help carriers work smarter. Featuring data-led analytics and digital technology, our solutions have transformed annuities operations to digital operating models with streamlined marketing, compliance, and processing for some of the biggest names in the business. Trust our functional and technical prowess, combined with implementation, integration, and support expertise, to help grow your annuities business.
7+
client engagements
~3.8M
annuities in force policies administered
700+
dedicated annuities experts
20+
years of industry experience with dedicated leadership focus
EXL digital solutions for annuities marketers
EXL’s domain expertise and AI, machine learning, analytics, and platform integrations support an end-to-end, digitally enabled insurance annuities environment that positions you for growth.
Case management and money in
Case management orchestrates the seamless flow of funds into annuities, ensuring efficient processing of member and employer money contributions and adherence to regulatory requirements, safeguarding clients investments.
Agency management
Annuity providers and affiliated agencies ensure, agents are equipped with the knowledge and tools to meet clients’ financial needs to foster strong relationships and facilitate the distribution of annuity products.
Customer management and account maintenance
Effective customer management ensures personalized service and data protection for annuity holders, while careful account maintenance guarantees the accuracy and security of financial records.
Money out - disbursement, loans, withdrawals, hard...
Managing ‘money out’ processes like disbursements and loan requires careful consideration to maintain the financial stability of annuity accounts, while offering flexibility for withdrawals and hardship provisions.
General inquiry and loans
General inquiry – Addressing general inquiries about annuities requires clear communication and knowledgeable customer support to ensure clients understanding and confidence in their financial investments. Loans – Annuity loans provide a means for policyholders to access funds while leveraging the value of their annuity contract, offering flexibility with repayment terms and interest rates.