EXL named a Leader in all six categories of NelsonHall’s 2021 Life, Annuities and Pension Operations Transformation Report
EXL was recognized for advanced digital solutions that leverage artificial intelligence (AI) and natural language processing to extract and organize unstructured information, cloud-native software to simplify implementation, and industry-leading analytics capabilities. EXL’s solutions for the life insurance, annuities, and pension space support enterprise digital transformation initiatives, including straight-through processing capabilities and real-time analytics.
“EXL continues to expand its comprehensive digital portfolio through development of AI-driven, data analytics-led integrated solutions and investments in product launch capabilities and automation for life, annuities, and pension carriers. We expect to see further solution developments as well as additional partnerships with insurtechs and technology firms,” said
In the report, EXL was recognized as a Leader in all six categories:
- Overall
- Operations Transformation Capability
- New Business Setup/Underwriting
Life Claims Administration Customer/Distribution Service Administration - Benefit & Fund Management
The report leverages the NelsonHall Vendor Evaluation and Assessment Tool (NEAT) to analyze how vendors are evolving their offerings and capabilities to improve life, annuities, and pension operation transformation services. Firms are assessed on their ability to help clients utilize AI-driven automation to improve digital customer engagement, increase rate of straight-through processing, and reduce operational costs, then ranked on a four-level matrix as: Leaders, High Achievers, Innovators, and Major Players.
“The Life & Pension marketplace has been in the spotlight this year as the twin forces of acceleration in digital adoption and premium growth have created opportunities for providers to launch products faster and improve their operational efficiency,” said
For more information on the NelsonHall Life, Annuities and Pension Operations Transformation Report, please click here.
About EXL
EXL (NASDAQ: EXLS) is a global analytics and digital solutions company that partners with clients to improve business outcomes and unlock growth. Bringing together deep domain expertise with robust data, powerful analytics, cloud, and AI, we create agile, scalable solutions and execute complex operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media, and retail, among others. Focused on driving faster decision-making and transforming operating models, EXL was founded on the core values of innovation, collaboration, excellence, integrity and respect. Headquartered in New York, our team is over 34,000 strong, with more than 50 offices spanning six continents. For more information, visit www.exlservice.com.
About
© 2021
Investor RelationsSteven N. Barlow Vice President Investor Relations 917-596-7684 steven.barlow@exlservice.com Media - USMichael Sherrill Vice President Marketing 646-419-0778 michael.sherrill@exlservice.com Media -Europe ,India and APACShailendra Singh Vice President Corporate Communications +91-98104-76075 shailendra.singh@exlservice.com
Source: ExlService Holdings, Inc.