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EXL named a Leader in Everest Group Property and Casualty (P&C) Insurance BPS PEAK Matrix® Assessment 2025
Globenewswire· 2025-11-06 13:23
Core Insights - EXL has been recognized as a Leader in Everest Group's Property and Casualty (P&C) Insurance BPS PEAK Matrix Assessment 2025, highlighting its strong position in the industry [1][3]. Company Overview - EXL is a global data and AI company that provides services and solutions aimed at transforming client business models and driving better outcomes across various industries, including insurance, healthcare, and banking [6]. - The company was founded in 1999 and has approximately 63,000 employees worldwide [6]. Industry Recognition - The Everest Group's assessment evaluated 25 P&C business process services providers based on their vision, capabilities, and market impact [2]. - EXL's consult-to-operate model, which integrates insurance domain expertise with data and AI, was a key factor in its recognition as a Leader [3][4]. Technological Advancements - EXL has been acknowledged for its leadership in generative AI and autonomous agents, as well as its outcome-driven pricing strategies that are linked to measurable business results [3][4]. - The company utilizes proprietary technologies such as EXL Insurance LLM, SubroSource™, and XTRAKTO.AI™, which contribute to reshaping claims and underwriting workflows [4]. Market Trends - As the P&C insurance industry undergoes digital transformation, there is a growing demand for partners that can leverage emerging technologies to deliver measurable business impacts [4].