EXL’s
insurance experience is proven by 60 leading global insurance carrier clients
and the tenure of more than 4,000 industry professionals and is dominant player
in the US Insurance BPO Market. EXL provides high quality services and better
controls support to clients allowing them to be more efficient and to better
understand their customers, their markets and their risks. Clients leverage
EXL’s outsourcing, analytics, advisory and risk management capabilities.
Collaborate
with clients to understand their priorities & design solutions to address
insurers needs and support them to manage claims, enhance subrogation services,
improve first notice of loss, build compliance preparedness, improve
underwriting margins, optimize loss ratios, increase customer penetration or
accelerate customer reach, & help
P&C, life, annuity and health insurers become competitive.
In
October 2012, EXL
acquired Landacorp,
a provider of software in support of clinical data exchange in the healthcare
industry and acquisition brings 15 payer
clients and 50 provider clients and Landacorp
has 50 million members under management
on its platforms
In
October 2011, EXL acquired Trumbull Services, a specialized provider of
Insurance BPO services in the Property & Casualty (P&C) segment in the
US, which has a ready-made technology platform to offer in U.S. P&C Insurance BPO space and the
insurance subrogation BPO business in particular. In May 2010, it acquired
PDMA, the maker of LifePRO,
a policy administration system in the Life Insurance BPO market deployed with
40+ insurers around the world.
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