EXL teams with InsureMO to help insurers modernize data architecture and speed AI integration
EXL (NASDAQ: EXLS), a global data and AI company, has announced a strategic partnership with InsureMO, the world's leading insurance middleware platform. The collaboration aims to accelerate insurers' digital transformation and AI integration without disrupting existing systems.
The partnership combines EXL's insurance expertise and AI capabilities with InsureMO's cloud-native infrastructure and pre-built APIs. A notable success case demonstrated a 30% reduction in operational costs for a leading insurer, who launched a new product within just four weeks using the integrated solution.
The solution integrates with major global placement platforms including PSC, Ebix, Steadfast, and the London market, enabling insurers to modernize core systems, implement AI-powered underwriting, and automate claims processing while maintaining operational continuity.
EXL (NASDAQ: EXLS), azienda globale di dati e intelligenza artificiale, ha annunciato una partnership strategica con InsureMO, la principale piattaforma middleware per assicurazioni a livello mondiale. La collaborazione punta ad accelerare la trasformazione digitale e l'integrazione dell'IA nelle compagnie assicurative senza interrompere i sistemi esistenti.
La partnership unisce l'esperienza assicurativa e le capacit脿 di AI di EXL all'infrastruttura cloud-native e alle API preconfigurate di InsureMO. Un caso di successo ha mostrato una riduzione del 30% dei costi operativi per un importante assicuratore, che ha lanciato un nuovo prodotto in sole quattro settimane grazie alla soluzione integrata.
La soluzione si integra con le principali piattaforme di collocamento globali, tra cui PSC, Ebix, Steadfast e il mercato di Londra, permettendo alle compagnie di modernizzare i sistemi core, implementare sottoscrizione potenziata dall'IA e automatizzare la gestione sinistri mantenendo la continuit脿 operativa.
EXL (NASDAQ: EXLS), una compa帽铆a global de datos e inteligencia artificial, ha anunciado una asociaci贸n estrat茅gica con InsureMO, la principal plataforma middleware de seguros del mundo. La colaboraci贸n tiene como objetivo acelerar la transformaci贸n digital y la integraci贸n de IA en las aseguradoras sin alterar los sistemas existentes.
La alianza combina la experiencia en seguros y las capacidades de IA de EXL con la infraestructura cloud-native y las API preconstruidas de InsureMO. Un caso de 茅xito notable demostr贸 una reducci贸n del 30% en los costos operativos para una aseguradora l铆der, que lanz贸 un nuevo producto en apenas cuatro semanas usando la soluci贸n integrada.
La soluci贸n se integra con las principales plataformas de colocaci贸n globales, incluidas PSC, Ebix, Steadfast y el mercado de Londres, lo que permite a las aseguradoras modernizar los sistemas n煤cleo, aplicar suscripci贸n impulsada por IA y automatizar el procesamiento de siniestros manteniendo la continuidad operativa.
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EXL (NASDAQ: EXLS), entreprise mondiale de donn茅es et d'IA, a annonc茅 un partenariat strat茅gique avec InsureMO, la principale plateforme middleware d'assurance au monde. Cette collaboration vise 脿 acc茅l茅rer la transformation num茅rique et l'int茅gration de l'IA chez les assureurs sans perturber les syst猫mes existants.
Le partenariat combine l'expertise assurance et les capacit茅s d'IA d'EXL avec l'infrastructure cloud-native et les API pr茅construites d'InsureMO. Un cas probant a montr茅 une r茅duction de 30% des co没ts op茅rationnels pour un assureur majeur, qui a lanc茅 un nouveau produit en seulement quatre semaines gr芒ce 脿 la solution int茅gr茅e.
La solution s'int猫gre aux principales plateformes de placement mondiales, notamment PSC, Ebix, Steadfast et le march茅 de Londres, permettant aux assureurs de moderniser leurs syst猫mes c艙ur, de d茅ployer une souscription assist茅e par IA et d'automatiser le traitement des sinistres tout en maintenant la continuit茅 op茅rationnelle.
EXL (NASDAQ: EXLS), ein globales Daten- und KI-Unternehmen, hat eine strategische Partnerschaft mit InsureMO, der weltweit f眉hrenden Middleware-Plattform f眉r Versicherungen, angek眉ndigt. Ziel der Zusammenarbeit ist es, die digitale Transformation und die KI-Integration bei Versicherern zu beschleunigen, ohne bestehende Systeme zu st枚ren.
Die Partnerschaft verbindet EXLs Versicherungsexpertise und KI-F盲higkeiten mit InsureMOs cloud-nativer Infrastruktur und vorgefertigten APIs. Ein bemerkenswertes Erfolgsbeispiel zeigte eine Reduzierung der Betriebskosten um 30% bei einem f眉hrenden Versicherer, der mit der integrierten L枚sung ein neues Produkt in nur vier Wochen auf den Markt brachte.
Die L枚sung l盲sst sich in gro脽e globale Platzierungsplattformen wie PSC, Ebix, Steadfast und den Londoner Markt integrieren und erm枚glicht es Versicherern, Kernsysteme zu modernisieren, KI-gest眉tzte Underwriting-Prozesse einzuf眉hren und die Schadenbearbeitung zu automatisieren, w盲hrend die operative Kontinuit盲t erhalten bleibt.
- Partnership enables insurers to launch new products in weeks instead of months
- Demonstrated 30% reduction in operational costs for early adopter
- Integration with major global placement platforms expands operational reach
- Allows modernization without replacing existing core systems
- None.
Insights
EXL's partnership with InsureMO creates new revenue opportunities through their integrated insurance modernization platform, offering competitive advantages in the AI transformation market.
This strategic partnership positions EXL to capitalize on the growing demand for insurance technology modernization without the traditional risks of core system replacement. By combining EXL's AI capabilities with InsureMO's middleware, they're targeting a critical pain point in the insurance industry: the need to innovate without disrupting existing operations.
The offering addresses a specific challenge in the insurance technology landscape where legacy systems often impede digital transformation. Rather than forcing insurers through high-risk, costly system replacements, this solution allows for incremental modernization鈥攁 more appealing approach for risk-averse insurance companies.
What makes this particularly valuable is the 30% operational cost reduction already demonstrated with an early adopter. This quantifiable result provides a compelling case study for EXL's sales team. The four-week implementation timeframe mentioned is remarkably fast for insurance technology deployments, which typically take months or years.
From a competitive standpoint, this partnership enhances EXL's position against pure-play consulting firms and system integrators by offering both advisory services and implementation technology. The pre-built integration with major global placement platforms (PSC, Ebix, Steadfast, London market) significantly expands EXL's potential market reach, particularly in international markets where the company is focusing growth efforts.
The middleware approach allows EXL to sell AI solutions into organizations regardless of their core systems, removing a significant barrier to adoption and potentially accelerating the sales cycle for their AI offerings. This creates a pathway for expanding relationships with existing clients while also opening doors to new prospects who previously might have considered their legacy systems incompatible with EXL's solutions.
New offering enables insurers to launch new products faster, reduce operational costs and modernize core systems without disruption
SYDNEY and NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- [NASDAQ: EXLS], a global data and AI company, has announced a teaming agreement with , the world鈥檚 leading insurance middleware platform. This collaboration is designed to provide insurers worldwide with a faster, more flexible path to core system modernization, AI integration and digital transformation.
By combining EXL鈥檚 and with InsureMO鈥檚 cloud native digital infrastructure and ecosystem of pre-built products and APIs, insurers can accelerate innovation, simplify policy administration and modernize their legacy systems without disruption or downtime.
A Future-Ready Platform for Scalable Insurance Transformation
鈥淭his collaboration gives insurers a smarter, faster path to modernization鈥攚ithout the disruption, downtime or heavy costs typically associated with core system transformation,鈥� said Vishal Chhibbar, executive vice president, chief growth officer and head of international growth markets, EXL. 鈥淏y combining InsureMO鈥檚 proven middleware platform with EXL鈥檚 deep insurance expertise and ready-to-deploy insurance AI solutions, we鈥檙e offering an agile, lower-risk alternative that enables insurers to innovate and scale with confidence.鈥�
Drawing on EXL鈥檚 deep experience integrating powerful enterprise AI capabilities into complex insurance workflows and InsureMO鈥檚 powerful technology platform, the effort is designed to help insurers move beyond monolithic systems and accelerate innovation across underwriting, policy administration, claims, and distribution. With modular, scalable components, insurers can adapt quickly to market changes and deliver enhanced customer experiences.
Simplifying Complex Integrations, Accelerating Time to Value
InsureMO鈥檚 middleware integrates seamlessly with major global placement platforms, such as PSC, Ebix, Steadfast, and the London market, dramatically expanding insurers鈥� reach and operational agility. EXL鈥檚 expertise in large-scale modernization and insurance AI helps clients add intelligent capabilities, like AI-powered underwriting and automated claims, without having to replace their core systems. This allows insurers to upgrade critical functions quickly, efficiently, and with less disruption.
鈥淭his is about enabling insurers to innovate while minimizing risk,鈥� said Rajat Sharma, chief revenue officer at InsureMO. 鈥淥ur collaboration with EXL brings end-to-end agility鈥攎aking it possible to deploy and scale digital journeys in weeks, not months.鈥�
AG真人官方-World Results Already in Motion
Insurers are already realising tangible benefits. A leading insurer launched a new product within four weeks using the integrated solution, achieving automated underwriting, streamlined policy issuance and reduced operational costs by approximately
Unlocking the Next Generation of Insurance Innovation
As the industry faces shifting risks, rising customer expectations, and technological disruption, this collaboration offers a powerful path forward: agile, intelligent, and scalable operations without compromise.
鈥淭his effort brings together two organisations deeply committed to the insurance industry. It reflects our shared vision for a smarter, faster, and more connected future; powered by data, AI, and industry insight,鈥� said Abhi Bhola, EXL鈥檚 insurance growth leader for APAC.
To learn more about how EXL and InsureMO are helping insurers modernize operations and scale new opportunities, visit the .
About EXL
EXL [NASDAQ: EXLS] is a global data and AI company that helps leading organisations drive better outcomes and unlock growth with speed. Leveraging domain expertise, AI, and deep industry knowledge, EXL partners with businesses across insurance, healthcare, banking, retail, and more to transform operations and improve customer experiences. Founded in 1999, EXL is headquartered in New York and has approximately 61,000 employees across six continents. Learn more at聽.
About InsureMO
InsureMO is a cloud-native, API-first insurance middleware platform that accelerates digital transformation for insurers, brokers, MGAs, and ecosystem partners worldwide. Supporting all lines of business and the entire insurance lifecycle, InsureMO enables rapid product innovation, seamless connectivity, and scalable operations without disrupting legacy core systems. Learn more at
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. 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鈥檚 control. Forward-looking statements include information concerning EXL鈥檚 possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渟hould,鈥� 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渋ntend,鈥� 鈥減lan,鈥� 鈥渆stimate鈥� 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鈥檚 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 maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL鈥檚 filings with the Securities and Exchange Commission, including EXL鈥檚 Annual Report on Form 10-K. 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.
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FAQ
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