EXL earns Celent 2023 XCelent Award
EXL won the Xcelent Functionality Award for Individual Life Insurance Policy Administration for its LifePRO™ administrative digital platform. LifePRO™ has been recognized as a “Luminary” in Individual Life Insurance Policy Administration.
The Celent report highlights EXL’s data and analytical capabilities, interoperability across different solutions, and overall configuration as LifePRO™ primary attributes. The biennial report breaks vendors into five categories: Luminary, Technology Standout, Functionality Standout, Noteworthy.
Download the report to read more about the report and to see how EXL compares to its competition.
Leadership perspective
“We are excited about the remarkable enhancements to LifePRO™, which have empowered us to serve our clients better and stay ahead in this dynamic marketplace,” said Vikas Bhalla, executive vice president & Head of Insurance Business at EXL. “LifePRO's™ agile capabilities have become a game-changer, allowing insurers to swiftly adapt to evolving customer needs, rapidly configure and launch innovative products, and remain competitive in an increasingly challenging landscape. In today's climate, where speed and precision are paramount, insurers are placing a premium on platforms that can accelerate new product launches, especially in the rapidly evolving, high demand annuities market.”
- Vikas Bhalla, President and Head of Insurance, EXL