Vendor Analysis
published on Jan 09, 2025
Report Overview:
This NelsonHall vendor assessment analyzes Xceedance's offerings and capabilities in P&C Operations Analytics and AI
Who is this Report for:
NelsonHall’s P&C Operations Analytics and AI profile on Xceedance is a comprehensive assessment of Xceedance's offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Xceedance and identifying vendor suitability for P&C Operations Analytics and AI RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the P&C Operations Analytics and AI sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Xceedance’s P&C Operations Analytics and AI offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, challenges, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery centers.
Key Findings & Highlights:
Xceedance is an insurance-focused consulting, technology, operations support, and data services company with ~4k employees globally. It focuses on delivering specialized solutions and services to the insurance industry—including insurers, syndicates, reinsurers, captives, MGAs, MGUs, brokers, and agents—, offering expertise in end-to-end technology-enabled managed solutions such as custom application development, lifecycle and operations, claims and TPA solutions, data and analytics, and advisory and consulting services. Overall, Xceedance has ~250 clients globally with ~9 global delivery centers.
Xceedance’s insurance business covers personal, commercial, and reinsurance. The bulk of its revenue is derived from its P&C insurance space globally.