December - 2016 - Special issue > Company of the Year - 2016: Property/Casualty Insurance

Xceedance: Supplying Insurance Expertise to Support Business Transformation

si Team
Thursday, December 29, 2016
si Team
CXOs of insurance companies often partner with a host of business and technology service providers to expand their business. But many of those service providers are not insurance experts, they simply adapt their industry-agnostic capabilities to serve insurers. For the insurance leaders who engage them, it means having to spend valuable time and resources to guide service providers on insurance related processes and workflows - exacerbating already heavy management and operational burdens. In a hyper-competitive business landscape, it also means insurers are not receiving the single-minded industry expertise and support they need to grow efficiently.

Standing in sharp contrast is Xceedance, a global company dedicated to providing strategic insurance services, with exclusive focus on the needs of the Property/Casualty (General) insurance market worldwide. Xceedance is a one-stop managed services provider for insurers, reinsurers, brokers, MGAs/MGUs, program administrators and other participants in the international insurance arena.

Xceedance is led by industry experts. The company's industry-trained workforce delivers cutting-edge services, encompassing the scope of the insurance lifecycle. Single-mindedly focused on organizational transformation, Xceedance helps insurers improve service levels, new business processes and revenue streams.

"We collaborate with our clients as insurance company representatives and not as a generic service provider," explains Arun Balakrishnan, CEO of Xceedance. "We understand that insurance companies are unique enterprises. So our people are trained, and our processes and technologies are tuned to support the distinctive needs of sophisticated and typically multinational insurance clients".

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