Clients selecting the EXL LifePRO® private cloud include Woodmen of the World/Assured Life Association (Woodmen), a Denver-based fraternal benefit society and insurance provider and long-standing client Unity Financial, a Cincinnati OH-based insurance funeral funding company; and The National Slovak Society (NSS), a Murray, PA-based fraternal benefits and insurance provider.
"EXL has a strong track record of successful implementations within the fraternal benefit community," said NSS President Dave Blazek. "We're confident that EXL LifePRO® will help us provide outstanding services to our members. Technology is increasingly moving toward cloud deployment, and with the EXL LifePRO® platform, we can stay flexible while leveraging a leading policy administration solution."
EXL has a long history of delivering industry-specific process management, analytics and technology solutions to insurance providers.
"EXL proves its deep credentials by demonstrating our industry expertise and experience for insurers across segments," said Rembert de Villa, Executive Vice President and Head of EXL's Insurance and Healthcare verticals. "The insurance and healthcare space faces economic, competitive and regulatory pressures. EXL strives to help insurers overcome their obstacles through a combination of people, process and technology, such as EXL LifePRO® and our subrogation platform."
EXL LifePRO® supports a broad range of life, health and annuity products for policy administration. EXL is seeing growing adoption of the EXL LifePRO® private cloud because of the flexibility and IT cost efficiency this delivery model provides.
"A proven insurance policy administration system, which covers the entire insurance life-cycle, is critical for gaining operational efficiency," said Rick Briggs, Senior Vice President, EXL LifePRO®. "We are confident that the implementation of EXL LifePRO® via our private cloud will help these firms manage growth, simplify IT and provide excellent service to their customers. We remain committed to invest in the continuous development of EXL LifePRO® to ensure it remains a cost-effective and comprehensive administration solution for insurers."