EXL LifePRO signs deals to private cloud platform

Exl Service has signed deals with three new life insurance and annuities providers to implement policy administration platform EXL LifePRO through private cloud deployment.

Clients selecting the EXL LifePRO private cloud include Woodmen of the World/Assured Life Association (Woodmen), a Denver-based fraternal benefit society and insurance provider and long-standing client Unity Financial, a Cincinnati OH-based insurance funeral funding company; and the National Slovak Society (NSS), a Murray, PA-based fraternal benefits and insurance provider.

"The insurance and healthcare space faces economic, competitive and regulatory pressures. EXL strives to help insurers overcome their obstacles through a combination of people, process and technology, such as EXL LifePRO and our subrogation platform," said Rembert de Villa, Executive Vice President and Head of EXL's Insurance and Healthcare verticals.

EXL LifePRO supports a broad range of life, health and annuity products for policy administration. EXL is seeing growing adoption of the EXL LifePRO private cloud because of the flexibility and IT cost efficiency this delivery model provides.  EXL delivers industry-specific process management, analytics and technology solutions to insurance providers.