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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].
EXL named a Leader in Everest Group Data and AI Services Specialists PEAK Matrix® Assessment 2025
Globenewswire· 2025-07-07 13:07
Core Insights - EXL has been recognized as the top Leader in the Everest Group Analytics and AI Services Specialists PEAK Matrix® Assessment 2025 for the second consecutive year, highlighting its strong position in the market [1][2] Company Performance - The Everest Group report evaluated 32 leading providers that derive over 50% of their revenue from analytics and AI services, with EXL achieving the top-right Leader position due to its robust generative AI capabilities and domain-led expertise [2][3] - EXL's investment in data and AI capabilities focuses on domain-specific applications in industries such as insurance, healthcare, and retail, exemplified by solutions like EXL Claims Assist [3] Technological Advancements - EXL's growing intellectual property portfolio includes platforms like XTRAKTO.AI™ for intelligent document processing and EXL Code Harbor™ for AI-assisted code generation, which enhance operational efficiency and implementation speed [3] - Collaboration with NVIDIA, utilizing platforms like NVIDIA NeMo™ and AI Enterprise, has strengthened EXL's ability to develop high-performance AI solutions, including EXL Insurance LLM™ and EXL Smart Agent Assist™ [3] Industry Context - The report emphasizes that while many companies have adopted AI, true leaders like EXL are integrating AI across enterprise workflows to transform operating models and unlock the full potential of AI [3]