ExlService Holdings Inc. has announced that three new life insurance and annuities providers have entered into strategic agreements to implement policy administration platform EXL LifePRO through private cloud deployment.
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.
NSS President Dave Blazek said, "EXL has a strong track record of successful implementations within the fraternal benefit community. 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."
Rembert de Villa, Executive VP & Head - EXL's Insurance and Healthcare verticals said, "EXL proves its deep credentials by demonstrating our industry expertise and experience for insurers across segments. 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."
Rick Briggs, Sr. VP, EXL LifePRO said, "A proven insurance policy administration system, which covers the entire insurance life-cycle, is critical for gaining operational efficiency. 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."
