CIAB picks ExdionPOD as Top Insurtech to watch
ExdionPOD recognized as Top 16 Insurtech’s to Watch for helping brokers automate application and renewal forms and document issuance.
Princeton, NJ (PRUnderground) February 7th, 2020
ExdionPOD, the leader in automated policy checking, has been recognized by The Council of Insurance Agents & Brokers (CIAB), as the Top 16 products to watch in the category of platform and tools that automate the application and renewal process for brokers and their clients.
Insurers face significant challenges with the scale and complexity of policy checking and renewal process. Too often, insurers struggle with marketing team’s need for providing outstanding client experience & contracting controls and their operations team’s need for speed and flexibility. Many insurers reply on outdated, manual process and external spend on outsourcing companies. They continue to suffer from breakdown in process, exposing their agencies to increasing costs and unnecessary E&O risks.
ExdionPOD is the most reliable platform that smartly automates policy checking delivering refreshing alternative to manual process. ExdionPOD leverages Cognitive Computing to read over 2000 carrier/policy formats and fuels the automation of high volume, mundane underwriting and brokering process, enabling insures to offer outstanding customer experience and increase their business with adding additional staff.
In addition to helping insurance agencies with robust policy checking process, ExdionPOD brings several advantages:
- Customer Experience: Manage “Moments of Truth”, delight customers
- Accuracy: immediate control over E&O risks
- Pricing Flexibility: Pay-Per Use or Turnkey project with measurable savings
- Highly Scalable: Quickly respond to demand changes with no additional cost or efforts
- Quick Results: Realize benefits instantly, super quick ROI
- Zero Change Management: Adopt without disrupting business and current workflows
- Seamless Integration: Streamline policy workflow with ease
- Strong Compliance: Meet ISO 27001, PCI DSS and HIPAA standards
L.S. Ram, CEO of Exdion Solutions said “ExdionPOD has been built from the grounds-up to be scalable for Insurers to sustain customer centricity and drive operational efficiencies so that they can win in the market. Our mention in CIAB top 16 Insurtech companies watch list corroborates our market leadership and product innovation. We are proud to have won this recognition and thank our customers and all stakeholders for their support”.
For more information on ExdionPOD and to start using the product, please get in touch with email@example.com
About The Council
The Council of Insurance Agents & Brokers (The Council/CIAB) is the leading association for the top regional, national and international commercial insurance and employee benefits intermediaries worldwide. CIAB member firms annually place 85 percent of all U.S. commercial property/casualty insurance premiums and administer billions of dollars in employee benefits accounts. The Council also publishes the award-winning industry publication, Leader’s Edge. Founded in 1913, The Council is based in Washington, D.C. Learn more at www.ciab.com.
About Exdion Solutions
Exdion Solutions is a consulting and technology led transformation solution company that is helping Insurance agencies and brokers to prepare for digital operations and 24/7 customer engagement. Exdion delivers transformational excellence through strategic levers that include consulting, technology, robotic process automation, artificial intelligence, data science products, and BPM. Exdion Solutions not only helps Insurance agencies navigate through current business contours but help build them as “agencies of future” using sustainable & affordable solutions.
Dan Narayan VP – Business Development,
469-277-8184 (O) 469-331-6251 (D) | 201-904-6716 (M)
firstname.lastname@example.org | https://www.exdion.com
7700 Windrose Ave, Suite G 300, Plano, TX – 75024
About Exdion Solutions
Exdion helps Insurance agencies transform their operations and customer experience, re-imagine their legacy business models to stay relevant and competitive.