EXL’s LDS platform recognized as ‘Luminary’ in Celent New Business and Underwriting Systems: North America Life Insurance Edition report
EXL [NASDAQ: EXLS], a global data and AI company, has been named a Luminary in Celent's New Business and Underwriting Systems: North America Life Insurance Edition report. This marks the third consecutive year of recognition for EXL's Life Digital Suite™ (LDS) solution.
The Celent report evaluated 20 technology platforms, focusing on automation and digitization of new business and underwriting processes. EXL's LDS, which has gained six new clients in the U.S. and U.K., was praised for being a modern, low-code, highly configurable system. The platform features Underwriter Assist, a GenAI-powered summarization and query tool.
LDS is a comprehensive digital platform that automates the entire new business and underwriting process from application to policy issue. The cloud-based solution offers pre-built product templates, personalized quotes, and detailed management dashboards, with full interoperability with existing client technologies.
EXL [NASDAQ: EXLS], un'azienda globale di dati e intelligenza artificiale, è stata nominata Luminary nel rapporto di Celent sui Sistemi di Nuovo Business e Sottoscrizione: Edizione Assicurativa sulla Vita del Nord America. Questo segna il terzo anno consecutivo di riconoscimento per la soluzione Life Digital Suite™ (LDS) di EXL.
Il rapporto di Celent ha valutato 20 piattaforme tecnologiche, concentrandosi sull'automazione e digitalizzazione dei processi di nuovo business e sottoscrizione. La LDS di EXL, che ha acquisito sei nuovi clienti negli Stati Uniti e nel Regno Unito, è stata elogiata per essere un sistema moderno, a basso codice e altamente configurabile. La piattaforma presenta Underwriter Assist, uno strumento di sintesi e query potenziato da GenAI.
LDS è una piattaforma digitale completa che automatizza l'intero processo di nuovo business e sottoscrizione, dalla domanda all'emissione della polizza. La soluzione basata su cloud offre modelli di prodotto predefiniti, preventivi personalizzati e dashboard di gestione dettagliate, con piena interoperabilità con le tecnologie esistenti dei clienti.
EXL [NASDAQ: EXLS], una empresa global de datos e inteligencia artificial, ha sido nombrada Luminary en el informe de Celent sobre Sistemas de Nuevo Negocio y Suscripción: Edición de Seguros de Vida de América del Norte. Este es el tercer año consecutivo de reconocimiento para la solución Life Digital Suite™ (LDS) de EXL.
El informe de Celent evaluó 20 plataformas tecnológicas, centrándose en la automatización y digitalización de los procesos de nuevo negocio y suscripción. La LDS de EXL, que ha ganado seis nuevos clientes en EE. UU. y el Reino Unido, fue elogiada por ser un sistema moderno, de bajo código y altamente configurable. La plataforma cuenta con Underwriter Assist, una herramienta de resumen y consulta impulsada por GenAI.
LDS es una plataforma digital integral que automatiza todo el proceso de nuevo negocio y suscripción, desde la solicitud hasta la emisión de la póliza. La solución basada en la nube ofrece plantillas de productos preconstruidas, cotizaciones personalizadas y tableros de gestión detallados, con total interoperabilidad con las tecnologías existentes de los clientes.
EXL [NASDAQ: EXLS]는 글로벌 데이터 및 AI 회사로, Celent의 북미 생명 보험 부문 신규 비즈니스 및 언더라이팅 시스템 보고서에서 Luminary로 선정되었습니다. 이는 EXL의 Life Digital Suite™ (LDS) 솔루션이 연속으로 세 번째 해에 인정받는 것입니다.
Celent 보고서는 신규 비즈니스 및 언더라이팅 프로세스의 자동화 및 디지털화에 중점을 두고 20개의 기술 플랫폼을 평가했습니다. EXL의 LDS는 미국과 영국에서 6명의 신규 고객을 확보했으며, 현대적이고 저코드이며 높은 구성 가능성을 지닌 시스템으로 찬사를 받았습니다. 이 플랫폼은 GenAI 기반의 요약 및 쿼리 도구인 Underwriter Assist를 특징으로 합니다.
LDS는 신청서부터 정책 발급까지 전체 신규 비즈니스 및 언더라이팅 프로세스를 자동화하는 종합 디지털 플랫폼입니다. 클라우드 기반 솔루션은 사전 구축된 제품 템플릿, 개인화된 견적 및 상세한 관리 대시보드를 제공하며, 기존 고객 기술과의 완전한 상호 운용성을 제공합니다.
EXL [NASDAQ: EXLS], une entreprise mondiale de données et d'IA, a été nommée Luminary dans le rapport de Celent sur les Systèmes de Nouveau Business et de Souscription : Édition Assurance Vie Amérique du Nord. Cela marque la troisième année consécutive de reconnaissance pour la solution Life Digital Suite™ (LDS) d'EXL.
Le rapport de Celent a évalué 20 plateformes technologiques, en se concentrant sur l'automatisation et la numérisation des processus de nouveau business et de souscription. La LDS d'EXL, qui a gagné six nouveaux clients aux États-Unis et au Royaume-Uni, a été saluée pour être un système moderne, à faible code et hautement configurable. La plateforme comprend Underwriter Assist, un outil de synthèse et de requête alimenté par GenAI.
LDS est une plateforme numérique complète qui automatise l'ensemble du processus de nouveau business et de souscription, de la demande à l'émission de la police. La solution basée sur le cloud offre des modèles de produits préconçus, des devis personnalisés et des tableaux de bord de gestion détaillés, avec une pleine interopérabilité avec les technologies existantes des clients.
EXL [NASDAQ: EXLS], ein globales Daten- und KI-Unternehmen, wurde im Bericht von Celent über Neue Geschäfts- und Underwriting-Systeme: Nordamerika Lebensversicherungs-Ausgabe als Luminary ausgezeichnet. Dies markiert das dritte aufeinanderfolgende Jahr der Anerkennung für die Life Digital Suite™ (LDS) Lösung von EXL.
Der Celent-Bericht bewertete 20 Technologieplattformen und konzentrierte sich auf die Automatisierung und Digitalisierung von neuen Geschäfts- und Underwriting-Prozessen. Die LDS von EXL, die sechs neue Kunden in den USA und im Vereinigten Königreich gewonnen hat, wurde für ihr modernes, Low-Code und hochgradig konfigurierbares System gelobt. Die Plattform verfügt über Underwriter Assist, ein von GenAI unterstütztes Zusammenfassungs- und Abfragetool.
LDS ist eine umfassende digitale Plattform, die den gesamten Prozess von neuem Geschäft und Underwriting von der Antragstellung bis zur Policenausstellung automatisiert. Die cloudbasierte Lösung bietet vorgefertigte Produktvorlagen, personalisierte Angebote und detaillierte Management-Dashboards mit vollständiger Interoperabilität mit bestehenden Kundentechnologien.
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NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced it has been recognized as a Luminary in the Celent New Business and Underwriting Systems: North America Life Insurance Edition report.
The recognition marks the third consecutive year that EXL’s Life Digital Suite™ (LDS) solution, has been honored for its innovation and functionality. In 2022, EXL’s LDS also earned the Luminary honor, and in 2023, EXL won Celent’s XCelent Breadth of Functionality Award for its LifePRO™ platform.
This Celent report evaluated 20 different technology platforms supporting the automation and digitization of the new business and underwriting processes to lower operating costs and improve customer experience. The focus was on new business and underwriting systems currently offered in North America. The Celent evaluation is based on detailed analysis of product offerings and capabilities along with client references and surveys.
“As a modern, low-code, highly configurable system with six new clients in the U.S. and U.K., EXL’s LDS has become a top contender in the new business and underwriting solution market,” states Karen Monks, principal analyst in Celent’s Life Insurance Practice and author of the recent report. “EXL’s continued investment in the product, like Underwriter Assist, a summarization and query tool using GenAI, helps them make insurers’ shortlists.”
EXL’s LDS is a comprehensive digital platform that automates the entire new business and underwriting process from receipt of insurance application through policy issue. Fully interoperable with existing client technologies and pricing systems, the cloud-based solution is built a with simple no code configuration and includes pre-built product templates supporting fully customized agent landing and quote pages, personalized quotes and detailed management dashboards.
“The landscape of the life insurance industry favors fast decisioning and efficient workflows,” said Ajmal Malik, EXL’s vice president and LDS product manager. “At EXL, we empower insurers with fully automated, AI enhanced processes that help underwriters organize and search through unstructured data, streamline decision-making, and allowing them to thrive in this fast-paced environment.”
To read more about the report and to see how EXL compares to its competition, visit here. For more information on EXL’s Life Digital Suite, click here.
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 57,000 employees spanning six continents. For more information, visit www.exlservice.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.
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FAQ
What recognition did EXL's Life Digital Suite receive in the 2025 Celent report?
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