EXL named a Leader in three categories in ISG Provider Lens™ Insurance Digital Services Report
21 April 2022 - 9:30PM
EXL [NASDAQ: EXLS], a leading data analytics and digital operations
and solutions company, announced today that it has been named a
Leader for Life & Retirement Insurance BPO Services, Property
& Casualty Insurance BPO, and Life & Retirement TPA
Insurance Services in the ISG Provider Lens™ Insurance Services
2021 report.
ISG cites the variety of technology leveraged to build EXL’s
robust data and artificial intelligence-led capabilities, as well
as its extensive industry experience, as the strengths that drove
the firm’s success across the insurance industry in 2021.
“The insurance industry is under enormous pressure to deliver
more personalized, streamlined solutions across multiple channels
faster and more affordably than ever before,” said Vikas Bhalla,
EVP and Head of the Insurance Business at EXL. “The only way to
deliver on rising end-customer expectations for hyper personalized
service while improving operational efficiency is to harness data
to inform every business function. We’re honored to be recognized
for our ability to keep pushing the envelope on innovation in the
insurance space with our data-led model and we look forward to
continued breakthroughs.”
ISG Provider Lens™ is a practitioner-led service provider
comparison, powered by ISG’s advisory experience and data-driven
research. ISG’s Research reports provide independent vendor
evaluations and enterprise buying behavior segmentation. Provider
positioning is based on a neutral and independent research, such as
quantitative data that includes provider surveys, product testing,
and customer interviews.
“By exceling in all three categories – Life & Retirement
Insurance BPO Services, Property & Casualty Insurance BPO, and
Life & Retirement TPA Insurance Services – EXL has shown a
comprehensive understanding of the industry and what solutions
firms need to navigate this incredibly complex industry,” said
Peggy Bresnick Kendler, lead analyst and co-author of the ISG
Provider Lens™ Insurance Services 2021 report. “As EXL continues to
innovate, its insurance clients will reap the benefits of improved
processes, AI-leveraged forecasting, and data-informed decision
making.”
To read more about the report and to see how EXL compares to its
competition, visit here. For more information about EXL’s solutions
for the insurance industry, click here.
About EXL
EXL (NASDAQ: EXLS) is a leading data analytics and digital
operations and solutions company that partners with clients to
improve business outcomes and unlock growth. By bringing together
deep domain expertise with robust data, powerful analytics, cloud,
artificial intelligence (“AI”) and machine learning (“ML”), we
create agile, scalable solutions and execute complex operations for
the world’s leading corporations in industries including insurance,
healthcare, banking and financial services, media, and retail,
among others. Focused on driving faster decision-making and
transforming operating models, EXL was founded on the core values
of innovation, collaboration, excellence, integrity and respect.
Headquartered in New York, our team is over 37,400 strong, with
more than 50 offices spanning six continents. For more information,
visit www.exlservice.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking statements. You
should not place undue reliance on those statements because they
are subject to numerous uncertainties and factors relating to EXL's
operations and business environment, all of which are difficult to
predict and many of which are beyond EXL’s control. Forward-looking
statements include information concerning EXL’s possible or assumed
future results of operations, including descriptions of its
business strategy. These statements may include words such as
“may,” “will,” “should,” “believe,” “expect,” “anticipate,”
“intend,” “plan,” “estimate” or similar expressions. These
statements are based on assumptions that we have made in light of
management's experience in the industry as well as its perceptions
of historical trends, current conditions, expected future
developments and other factors it believes are appropriate under
the circumstances. You should understand that these statements are
not guarantees of performance or results. They involve known and
unknown risks, uncertainties and assumptions. Although EXL believes
that these forward-looking statements are based on reasonable
assumptions, you should be aware that many factors could affect
EXL’s actual financial results or results of operations and could
cause actual results to differ materially from those in the
forward-looking statements. These factors, which include our
ability to successfully close and integrate strategic acquisitions,
our ability to respond to and manage public health crises,
including the outbreak and continued effects of the coronavirus
(COVID-19) pandemic, are discussed in more detail in EXL’s filings
with the Securities and Exchange Commission, including EXL’s
Quarterly Report on Form 10-Q and Annual Report on Form 10-K. These
risks could cause actual results to differ materially from those
implied by forward-looking statements in this release. You should
keep in mind that any forward-looking statement made herein, or
elsewhere, speaks only as of the date on which it is made. New
risks and uncertainties come up from time to time, and it is
impossible to predict these events or how they may affect EXL. EXL
has no obligation to update any forward-looking statements after
the date hereof, except as required by federal securities laws.
© 2022 ExlService Holdings, Inc. All rights
reserved. For more information go to
www.exlservice.com/legal-disclaimer
Investor Relations
Steven N. Barlow
Vice President Investor Relations
212-209-4613
steven.barlow@exlservice.com
Media - US
Cindy Carpenter
Vice President Marketing
617-504-8620
cindy.carpenter@exlservice.com
Media - Europe, India and APAC
Shailendra Singh
Vice President Corporate Communications
+91-98104-76075
shailendra.singh@exlservice.com
ExlService (NASDAQ:EXLS)
Historical Stock Chart
From Jun 2024 to Jul 2024
ExlService (NASDAQ:EXLS)
Historical Stock Chart
From Jul 2023 to Jul 2024