EXL recognizes Assurant with Innovation Award for use of Analytics for Asset Recovery and Disposition
Managing the end-to-end mobile device insurance and recovery process for major carriers, Assurant deploys an intelligent and strategic disposition framework that maximizes sales revenue, optimizes equipment cost and maintains high inventory velocity. Assurant manages device recovery from sources such as buyback and upgrade programs from wireless carriers and device manufacturers, lease returns and insurance-related returns.
"Assurant's ownership of all aspects of the mobile device lifecycle allows us to help our clients realize the greatest value from each and every recovered device," said
EXL's Executive Committee reviews Innovation Award nominations and selects a handful of engagements each year. By applying a suite of predictive modeling and business solutions into a single automated analytical framework, Assurant positions itself as one of the most distinguished partners in the asset recovery marketplace. Its analytics framework has enabled Assurant to develop greater actionable insights into market dynamics and response, supply chain sustainability, regulatory changes and process improvements.
"At EXL, we reward innovation to signify the leadership it takes to challenge the status quo and creatively address how to improve business results," said
EXL Analytics provides data-driven, action-oriented, and industry-specific solutions to business problems through statistical data mining, cutting edge analytics techniques and a consultative approach. EXL's leading global footprint of data scientists and analysts assist client organizations with data strategy, infrastructure and management, business intelligent solutions and a deep array of predictive modeling products and services such as: complex risk minimization methods, advanced marketing, pricing and CRM strategies, internal cost analysis, and resource optimization.
About Assurant
About EXL
EXL (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
Media Contact:Michael Sherrill Vice President Marketing 646-419-0778 michael.sherrill@exlservice.com Investor contact:Steven N. Barlow Vice President Investor Relations 212-624-5913 steven.barlow@exlservice.com
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