Exdion Insurance Announces New End-to-End Consulting Services to Assist Brokers and Carriers on the Path to Full Digitization
Plano, Texas: 19 September, 2023 – Exdion Insurance, a leading developer of commercial insurance technology and automation, today announced the launch of an end-to-end consulting service to assist brokers and carriers in digitizing their operations.
“The commercial insurance sector is at a crucial point in its journey toward automation and digitization,” said Steven Salar, President, Exdion Insurance. “Until now, their choices have focused on buying point solutions to address one area of operations, or attempting to manage the conversion themselves. Exdion Insurance has already developed the technology, the team, and the insurance industry expertise to deliver a thoughtful, comprehensive and customized solution throughout the enterprise. With our consultative approach and seamless execution, brokers and carriers can fully leverage digitalization to maximize new sources of revenue, operational efficiency, and reduced risk.”
The Exdion Insurance team utilizes the latest technology such as artificial intelligence (AI), including generative AI, machine learning (ML), and natural language processing (NLP) to automate the frequently cumbersome processes handled by brokers and their staff. These sophisticated systems continuously learn and improve from experience, becoming more intelligent over time. Efficiencies and accuracy continually evolve, and risk is reduced. In addition, new data and insights are made available to executives to help them with key business decisions.
The company offers a full suite of award-winning policy lifecycle products that are designed to optimize revenue, provide relevant information through predictive analytics, and reduce expenses.
Exdion Insurance currently counts most of the nation’s largest insurance brokers as its clients. The Exdion team will introduce these companies to the consulting services starting this month. The services will also be available to carriers, who face many of the challenges as brokers, in terms of automating time-consuming manual activities, streamlining client-facing processes to improve customer service, and fast-tracking data required for prospecting and closing sales.