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Xceedance and Xemplar Insights have announced a strategic partnership aimed at creating innovative, mobile-based insurtech solutions to global property/casualty insurance markets. As a provider of consulting and managed services, Xceedance (Boston) describes its activities as collaborating with insurers, reinsurers, MGAs, and brokers worldwide to optimize operations, apply intelligent technologies, increase analytic capabilities, and boost profitability. Xemplar Insights (Wayne, Pa.) describes its work in the insurance market as complementing Xceedance’s offerings with digital solutions using smartphone, cloud, and data technologies.
Xceedance will use Xemplar’s mobile platforms and proprietary smartphone-based telematics for personal and commercial lines insurers to augment its technology capabilities for insurance organizations looking to launch and service usage-based insurance (UBI) products, according to a joint statement. The companies say the Xemplar-Xceedance partnership will delivers modern, insurer-branded mobile apps with rich features for policy and claims services.
“We are constantly looking to strengthen our leading-edge platforms with solutions to help our clients work more efficiently,” comments Travis MacMillian, chief business officer, Xceedance. “Our partnership with Xemplar is exciting and beneficial for Xceedance clients, as we incorporate and expand advanced mobile functionality within our offerings. As a case in point, clients using the Xceedance MGA Agility Suite can immediately roll-out cohesive mobile apps for their policyholders, encompassing service features such as ID cards, pay premium, FNOL, roadside assistance, and more.”
Supporting Insurers Mobile Requirements
“An ecosystem of InsurTech solutions and service providers is of immense value to insurers. Pre-integrated technologies and services reduce operational overhead associated with feasibility analysis and implementation,” comments SK Tirumala, CEO of Xemplar Insights. “We are delighted to partner with Xceedance to augment their capabilities with our mobile solutions; and to help Xceedance insurance clients launch usage-based insurance products, or engage and service their policyholders in mobile channels. This partnership enables both companies to seamlessly support the mobile requirements of insurance organizations across the world.”