View this article online: https://www.insurancejournal.com/news/international/2016/10/24/430227.htm
Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, the company announced.
Xceedance is a managed services company that partners with insurers, MGA/MGUs, reinsurers and brokers by providing them with analytics, technology and process engineering solutions to enrich their workflows, processes and strategic programs.
Through the London office, Xceedance said it will deliver a “comprehensive range of strategic and transformational services, enabling insurers to improve loss ratios, accelerate and increase profitability, gain real-time access to actionable business insights, and drive improved operational and financial performance.”
“London is the hub for a significant segment of worldwide insurance business and our rapidly growing company is especially skilled in supporting the full range of insurance activities, helping our global clients improve policyholder service, increase new business and grow revenues,” said Arun Balakrishnan, CEO, Xceedance. “We are excited to locate an office in London and expand opportunities for direct interaction with diverse P/C insurance organizations, both in London and in the EMEA region.”
Justin Davies, a veteran of the London insurance market, will lead the newest international Xceedance office and act as head of the EMEA region.
“Our goal is to raise awareness of the capabilities of Xceedance in the EMEA region while providing personalized service to clients,” said Davies. “Our clients expect one-stop insurance solutions and expertise from Xceedance. The London office allows us to efficiently align and extend the company’s industry-expert resources as we work closely with brokers and re/insurers to help them launch new products, drive lean operations, implement cutting-edge technology and leverage analytic capabilities.”
Davies has 25 years of experience in insurance and financial services, with a background in exposure management, catastrophe modeling, spatial analytics and geocoding. He joined Xceedance from Xuber where he was director of the Xposure business unit. Prior to Xuber, he spent more than five years at EQECAT, leading client facing strategy for the UK and Asia Pacific. He was also at Pitney Bowes for three years where he managed the UK and Ireland financial services sales team for spatial analytics product lines.
The EMEA Xceedance office is located at Bury Court, 6 Bevis Marks, London, EC3A 7BA.