NEW YORK, Might 19, 2020 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS] a number one operations administration and analytics firm, at present introduced its LifePRO® coverage administration platform has acquired the XCelent Buyer Base Award from analysis agency Celent.
The award was introduced as a part of Celent’s Report “North American Policy Administration Systems 2019,” which ranked 20 coverage administration methods in use or marketed for North American life, pension, and annuities merchandise. EXL acquired the Buyer Base award based mostly on the variety of insurers working any launch of the system and the variety of new insurance coverage shoppers gained inside the final two years.
“EXL’s efforts over the last two years and the proposed roadmap demonstrate their commitment to modernizing a system that has been around for decades,” the report states. “LifePRO’s breadth of individual life insurance product functionality and depth of features and functionality along with its ongoing development plans make it a solution that should be considered by insurers.”
“We are pleased to receive the XCelent Customer Base award,” said Keith Johnson, Senior Vice President, EXL Service. “We continue to aggressively invest to lead our clients in life and annuities through their digital evolutions. By building on the platform’s extensive set of rules, we are helping our insurance clients enhance customer experience, rapidly introduce new products, streamline and automate workflows, and gain actionable, data-driven insights.”
LifePRO® is a life insurance coverage coverage administration platform offering versatile assist for a broad vary of life, well being, and annuity merchandise. With a versatile service-based structure that includes a library of over 250 REST and ACORD digital providers and compact single-purpose providers for areas together with coverage servicing, occasion upkeep, agent and hierarchy administration, and product configuration, the platform gives insurers with safety, scalability, and configurability. An internet-based person interface gives insurers a 360-degree view of shoppers and brokers, and is designed with ADA compliance in thoughts. EXL is regularly investing in and enhancing LifePRO®, with the platform now on its 20th model.
EXL (NASDAQ: EXLS) is a number one operations administration and analytics firm that helps our shoppers construct and develop sustainable companies. By orchestrating our area experience, information, analytics and digital know-how, we glance deeper to design and handle agile, customer-centric working fashions to enhance world operations, drive profitability, improve buyer satisfaction, improve data-driven insights, and handle threat and compliance. Headquartered in New York, EXL has greater than 31,700 professionals in areas all through america, the UK, Europe, India, the Philippines, Colombia, Australia and South Africa. EXL serves a number of industries together with insurance coverage, healthcare, banking and monetary providers, utilities, journey, transportation and logistics, media and retail, amongst others. For extra data, go to www.exlservice.com.