Xceedance Consulting

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About Xceedance Consulting

Xceedance is a global provider of strategic operations support (SOS), which includes consulting, managed services, data sciences, and technology across the entire insurance lifecycle. Insurance organizations can achieve their target operating models with the help and experience of Xceedance. The company�s proficiency extends to underwriting, actuarial services, catastrophe modelling and exposure management, policy services, claims, BI and reporting, finance and accounting, and application development. Xceedance has offices in the U.S., the U.K., Germany, Poland, Australia and India.

Digital First Claims TPAs Positioned to Redefine the Market

Xceedance Consulting06 Feb, 2022Finance

Welcome to the latest instalment of ?Examining Modern Claims,? a blog series from Xceedance head of claims Marc Rothchild. Below Marc highlights the key differences between a traditional and modern, digital first claims TPA. Carriers value good claims management because it helps keep operations smooth and maintains good business relationships. A number of recent factors, from the rise in natural catastrophes and a simmering global pandemic to disruptions in the supply chain, have made claims management increasingly complex. Carriers, managing general agents (MGAs), and self-insured customers face numerous challenges with traditional claims third party administrators (TPAs), including: