EXL’s LifePRO® Life and Annuity Platform Wins Two XCelent Industry Awards
December 21 2017 - 8:30AM
EXL (NASDAQ:EXLS), a leading Operations Management and Analytics
company, today announced that its LifePRO® policy administration
platform has received two XCelent awards for breadth of platform
functionality and customer base from research firm Celent.
The awards were announced as part of Celent’s report “North
American Life Insurance and Annuity Policy Administration Systems
2017,” which ranked EXL among 12 policy administration platforms.
EXL was awarded in the Breadth of Functionality category, which
assessed features and functionality, user experience, number of
deployments, and the opinion of Celent analysts. EXL also won for
Customer Base, which accounted for the number of insurers using the
platform and the momentum of new client wins.
The report cites functionality enhancements such as the
development of the LifePRO® Digital Suite for digital customer
acquisition, its user-friendly rules engine, configuration tools,
underlying technology improvements, and integration capabilities,
as well as highlights EXL’s overall responsiveness to its insurer
clients.
“Life and annuities providers are working to launch relevant
products more quickly and grow their digital customer acquisition
channels,” said Keith Johnson, Senior Vice President and head of
EXL’s Life and Annuity business. “Celent’s recognition validates
our investments in LifePRO® and underscores our market-leading
position and commitment to the success of our clients.”
Whether deployed on premise or through the EXL Private Cloud,
LifePRO® features multichannel digital client acquisition,
underwriting, workflow, end-to-end policy administration, new
business, billing and collections, agency and commissions, claims
processing, document generation and reporting including analytics.
Mid-sized and large insurers use the platform for open and closed
blocks of life, health and annuity products.
About EXLEXL (NASDAQ:EXLS) is a leading
operations management and analytics company that designs and
enables agile, customer-centric operating models to help clients
improve their revenue growth and profitability. Our delivery model
provides market-leading business outcomes using EXL's proprietary
Business EXLerator Framework™, cutting-edge analytics, digital
transformation and domain expertise. At EXL, we look deeper to help
companies improve global operations, enhance data-driven insights,
increase customer satisfaction, and manage risk and compliance. EXL
serves the insurance, healthcare, banking and financial services,
utilities, travel, transportation and logistics industries.
Headquartered in New York, New York, EXL has more than 27,000
professionals in locations throughout the United States, Europe,
Asia (primarily India and Philippines), South America, Australia
and South Africa. For more information, visit
www.exlservice.com.
Media Contact:Michael SherrillVice President,
Marketing646-419-0778michael.sherrill@exlservice.com
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