ExlService Reels In Three Life Insurers

ExlService Holdings Inc., a provider of outsourcing and transformation services, today announced that three life insurance and annuities providers have entered new agreements to implement policy administration platform EXL LifePRO through private cloud deployment.

The clients include Woodmen of the World/Assured Life Association (Woodmen), a Denver-based fraternal benefit society and insurance provider; long-standing client Unity Financial, a Cincinnati, Ohio-based insurance funeral funding company; and the National Slovak Society (NSS), a Murray, Penn.-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. “Technology is increasingly moving toward cloud deployment, and with the EXL LifePRO platform, we can stay flexible while leveraging a leading policy administration solution."

According to a statement from the provider, EXL delivers industry-specific process management, analytics and technology solutions.

"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,” said Rembert de Villa, EVP and head of EXL's insurance and health care verticals.