EXL's LDS platform recognized as 'Luminary' in Celent New Business and Underwriting Systems: North America Life Insurance Edition report

Core Insights - EXL has been recognized as a Luminary in the Celent New Business and Underwriting Systems report for the third consecutive year, highlighting its innovative Life Digital Suite™ (LDS) solution [1][2] - The Celent report evaluated 20 technology platforms aimed at automating and digitizing new business and underwriting processes in North America, focusing on cost reduction and improved customer experience [3] Company Overview - EXL is a global data and AI company that provides services to transform business models and drive growth across various industries, including insurance, healthcare, and banking [6] - The company was founded in 1999 and has approximately 57,000 employees worldwide [6] Product Highlights - EXL's LDS is a low-code, highly configurable platform that automates the entire new business and underwriting process, enhancing efficiency and decision-making for insurers [4][5] - The platform includes features such as Underwriter Assist, which utilizes Generative AI to help underwriters manage unstructured data and streamline workflows [4][5] Market Position - EXL's continued investment in its LDS product has led to the acquisition of six new clients in the U.S. and U.K., positioning it as a strong contender in the new business and underwriting solution market [4]