ExlService Holdings, Inc.
Jul 10, 2017

EXL Introduces LifePRO® Version 19 with Enhanced Management of Complex Annuities

NEW YORK, July 10, 2017 (GLOBE NEWSWIRE) -- EXL (NASDAQ:EXLS), a leading Operations Management and Analytics company, today announced Version 19 of LifePRO®, EXL's market leading policy administration platform for life, health and annuity insurers.

The new version of LifePRO® includes significant enhancements in its ability to manage complex investment products, such as variable and registered index annuities. Version 19 also includes upgrades to the customer care portal, claims efficiency features and IT security. 

"EXL continues to innovate LifePRO®, one of the most widely accepted platforms in the market," said Keith Johnson, Senior Vice President and business head of Life and Annuities, EXL. "Carriers are delivering innovative products to meet an increasingly competitive marketplace.  We are continuing to enhance LifePRO® to support these needs so carriers can more quickly and effectively meet the needs of their consumers."

Key features within LifePRO® Version 19 include:  

Annuity Product Features

Quick View Portal for Streamlined Access to Customer Data View

Enhanced Active Directory Security Management

Policy Administration Features

With on premise or cloud-based deployment, LifePRO® features end-to-end policy administration, new business, billing and collections, agency and commissions, claims processing, and reporting including analytics. Mid-sized and large insurers use the platform for open and closed blocks of life, health and annuity products.

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 New York, New York, EXL has more than 26,000 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 Sherrill

Vice President, Marketing

646-419-0778

michael.sherrill@exlservice.com



Investor Relations Contact:

Steven Barlow

Vice President, Investor Relations

212-624-5913

Steven.Barlow@exlservice.com

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Source: ExlService Holdings, Inc.

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