Xceedance has announced that it is expanding its industry-focused consulting and managed services to support re/insurance organisations domiciled in Bermuda.
The company provides expertise and solutions for all major areas of the re/insurance lifecycle including underwriting, actuarial, policy, claims, billing, finance, data sciences/analytics and technology services and was recently incorporated on the Island.
Xceedance helps re/insurers launch new products, deploy advanced technology and analytics, and streamline business processes.
“As a global consultancy and managed services provider, Xceedance is keenly aware of our responsibilities as a business partner to the re/insurance industry worldwide,” said Arun Balakrishnan, CEO, Xceedance. “Extending our services in the Bermuda market is integral to our company’s efforts to enhance the international scope and proximity of our managed services capabilities on behalf of clients on four continents.
“Diverse insurer, reinsurer, broker and MGA clients value Xceedance for our business and technical expertise, right-shoring service delivery, and a proven commitment to strategic partnerships with insurance organisations.”
“The insurance-focused consultancy and managed services partnership model can be of great value for Bermuda-based companies because of the potential to gain rapid and significant productivity,” said Uday Virkud, a member of the Xceedance board of directors.
Xceedance, Insurance, Reinsurance, Bermuda