Life & Annuity Policy Administration

EXL's policy administration platform for life, health and annuity insurers is used by more than 40 L&A insurers. Many administer more than a million contracts on a single database.

LifePRO® was developed specifically to provide flexible support for an extremely broad range of life, health, and annuity products.

The LifePRO® New Business Suite includes applications and platforms offering insurance companies flexibility, support and efficiency.

Description EXL uses its deep domain industry expertise and focus to help with many aspects EXL LifePRO® ’s vibrant user community helps shape the LifePRO® strategic direction.

Intelligence

Digital Intelligence is the foundation of everything we do, and the inspiration for our ideas.

Real results

For businesses that aren't satisfied by good enough, or profitable enough, we use Digital Intelligence to deliver real results.

Why exl
Digital Transformation. Strengthened by deep knowledge of domains

With over 25 years of innovation, 70+ conversions and more than 40 successful implementations, LifePRO® is one of the most widely used policy administration platforms by American life, annuity and health insurance carriers. Using a single platform, LifePRO® supports Life, Health and Annuity products on streamlining policy administration through features such as a flexible product rules engine, real-time customer service and extensive agent compensation support.

The addition of LifePRO® New Business Suite provides a complete end-to-end process for the entire policy life cycle from Quote, eApp, Underwriting, Policy Issue, Policy Servicing to Claims. Integration is streamlined through a service layer and the LifePRO® Data Mart integration and reporting hub.

EXL’s LifePRO® was recently recognized as one of the most widely used systems in the US that offers a strong solution across a broad range of products.

XCelent Award for Customer Base and Breadth of Functionality
in Celent’s “North American Policy Administration Systems 2017: Life, Annuities, Pension, and Health ABCD Vendor View"
Leader
in Everest Group's "Life & Pensions Business Process Services (BPS) - Service Provider Landscape with PEAK MatrixTM Assessment 2018"
Winner’s Circle
in “HfS Blueprint: Insurance As-a-Service 2017”

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