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Steven N. Barlow
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Feb 22, 2021
EXL enhances digital insurance solution LDS 2.0 with underwriter automation and machine-learning powered insights
NEW YORK, February 22, 2021 - EXL [NASDAQ: EXLS], a leading operations management and analytics company, today announced the release of LDS 2.0, a digital new business and underwriting solution for life and annuities insurers. The new version of LDS includes a robust suite of automation and configuration tools for underwriters powered by machine learning, embedded analytics, and fully customizable “no-code” workflow engines.
Feb 18, 2021
EXL announces the release of its LifePRO® 20 Digital Insurance Platform
NEW YORK, February 18, 2021 - EXL [NASDAQ: EXLS], a leading provider of Life and Annuity software, enables insurance carriers to prepare for tomorrow’s challenges with the launch of LifePRO® 20, an innovative digital policy administration platform.
Feb 16, 2021
EXL Enhances LifePRO® Digital Insurance Claims Processing with Benekiva partnership
NEW YORK, February 16, 2021 - EXL [NASDAQ: EXLS], a leading operations management and analytics company, today announced a partnership with Benekiva, a software startup focused on providing seamless technology solutions for financial services, to enhance the digital claims capabilities of EXL’s LifePRO® policy administration platform.
Feb 10, 2021
How to Avoid Litigation With Pre-Suit Claims Analytics - Carrier Management
Litigated claims are a key driver of increasing loss and expense ratios for property/casualty insurance carriers. Data-driven approaches—in particular, suit avoidance techniques and proactive de-escalation practices—can help insurers reduce litigation rates.
By Amit Sharma & Upendra Belhe
Jan 21, 2021
EXL Announces Appointment of Kristy Pipes to Board of Directors
NEW YORK, January 21, 2021 - ExlService Holdings, Inc. (NASDAQ: EXLS), a leading operations management and analytics company, today announced that Kristy Pipes, an executive with significant experience managing global financial companies, has been appointed to the Company’s Board of Directors as an independent director effective January 19, 2021. Ms. Pipes is a financial expert and will be a member of the Board’s Audit Committee and the Board’s Compensation Committee.
Jan 11, 2021
Framework for Litigation Spending - InsuranceThoughtLeadership.com
The U.S. P&C industry has significantly lagged behind other U.S. and global industries in reducing unit costs over the last 15 years, and spending on managing claims litigation or contingent liabilities is a major reason. Most large P&C carriers spend 5% to 8% of gross written premium under various categories like external counsel, expert fees and internal attorney costs.
By Amit Sharma & Upendra Belhe
Nov 16, 2020
EXL Releases 2019 Sustainability Report
NEW YORK, November 16, 2020 - EXL [NASDAQ: EXLS], a leading operations management and analytics company, today announced the release of its 2019 sustainability report. The report highlighted EXL’s strategies for promoting the health and growth potential of employees, responsibly managing its environment footprint, and positively impacting the communities in which it operates.
Nov 12, 2020
EXL Named a Leader in Insights-Driven BPO Evaluation by Top Independent Research Firm
New York, November 12, 2020 - EXL [NASDAQ: EXLS], a leading operations management and analytics company, today announced that it was named a leader in “The Forrester Wave™: Insights-driven Business Process Outsourcing, Q4 2020.” In the report, Forrester states that insights-driven BPO vendors “represent the future of a rapidly changing business model that is driven by thought partnerships, enhanced focus on outcomes, and a diminishing appetite for effort-based engagements.”