Vendor Analysis
published on Nov 23, 2023
Report Overview:
This NelsonHall vendor assessment analyzes Xceedance's offerings and capabilities in Property and Casualty Operations Transformation
Who is this Report for:
NelsonHall’s P&C Operations Transformation 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 Transformation RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the P&C Operations Transformation sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Xceedance‘s P&C Operations Transformation 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:
This NelsonHall vendor assessment analyzes Xceedance‘s offerings and capabilities in P&C Operations Transformation.
Xceedance is an insurance-focused consulting, technology, operations support, and data services company founded in India by an ex-Berkshire Hathaway executive in 2013. In 2015, Xceedance established a new global headquarters office in Boston, MA, USA. More recently, in 2022, Xceedance shifted its global headquarters to Worcester, MA, USA. Since being founded in 2013, Xceedance has established a global footprint by entering various regions rapidly: Europe in 2016 and Australia in 2018. Xceedance has ~150 global clients, ~700 certified industry professionals across the insurance lifecycle, and ~3,200 employees, with ~70% being insurance FTEs operating from the U.S., India, and Poland.
Xceedance’s insurance business covers personal, commercial, and reinsurance. Areas of expertise include IT solutions such as custom application development, lifecycle & operations, claims & TPA solutions, data & analytics, and advisory services to insurance organizations (e.g., insurers, agents & brokers, MGAs, and reinsurers).