Overview
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes, and unlock growth. Founded in 1999, EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in insurance, healthcare, banking and financial services, and other industries.
With more than 60,000 employees spanning six continents and over 15 years of experience supporting carriers, reinsurers, and brokers across all segments of insurance, EXL has established itself as a leader in insurance analytics and operations transformation. The company serves over 430 global insurance clients, delivering comprehensive solutions from claims management to underwriting transformation.
EXL combines cloud-first digital insurance software solutions with generative AI, machine learning, advanced analytics, and proprietary platforms to enable insurers to transform operations and embed artificial intelligence into workflows at scale.
Products & Services
EXL XTRAKTO.AI
AI-powered intelligent document processing platform that processes unstructured text and images for insurance operations.
Key Features
- Processes multiple document types (structured, semi-structured, unstructured)
- 97%+ accuracy on APS documents and medical records
- Machine learning, NLP, and computer vision integration
- Medical ontology developed by underwriting and claims SMEs
Target Users: Carriers, Claims Teams, Underwriters
EXL Insurance Large Language Model (LLM)
Industry-specific LLM developed with NVIDIA AI software for insurance-focused tasks.
Key Features
- 30% cost reduction compared to generic LLMs
- Full regulatory compliance
- Enhanced fraud detection capabilities
- Predictive behavior analytics
Target Users: Carriers, Operations Teams, Claims Adjusters
EXL Enterprise AI Platform
Technology hub for rapid-scale development and integration of GenAI solutions into client workflows.
Key Features
- Built on NVIDIA AI Enterprise software platform
- Specialized industry solutions deployment
- Integration with XTRAKTO.AI and Smart Agent Assist
- Code Harbor for accelerated development
Target Users: IT Teams, Digital Transformation Leaders
Insurance Claims Analytics
Predictive analytics solution for claims management and fraud detection.
Key Features
- Predictive insights at FNOL stage
- Claims fraud analytics with statistical models
- Revenue leakage reduction
- Risk segmentation and triage
Target Users: Claims Teams, Fraud Investigation Units
LDS (Life and Disability Services)
Digital underwriting solution for life insurance new business processing.
Key Features
- 16+ years of implementation experience in US, UK, Europe
- End-to-end underwriting transformation
- Automation of manual processes
- Digital intake and decisioning
Target Users: Life Insurance Carriers, Underwriters
Actuarial Transformation Services
Analytics and automation services for actuarial operations modernization.
Key Features
- Data-driven actuarial processes
- Predictive modeling capabilities
- Process automation
- Regulatory compliance support
Target Users: Actuarial Teams, Finance Leaders
Premium Audit Services
Specialized services for P&C insurance premium auditing.
Key Features
- Underwriting surveys and audits
- Risk assessment analytics
- Compliance verification
- Premium accuracy validation
Target Users: P&C Carriers, Underwriting Teams
At a Glance
- Founded
- 1999
- Headquarters
- New York, New York
- Employees
- 1000+
- Funding
- Public
Category & Focus
- Category
- Data & Analytics
- Subcategories
- Predictive Analytics Claims Analytics Document Processing AI/ML Solutions Operations Transformation
- Insurance Verticals
- Life & Annuity P&C Personal P&C Commercial Health Specialty/E&S Reinsurance
- Target Customers
- Carriers, Brokers, Reinsurers, MGAs/MGUs, TPAs
Customers
- Independence Pet Group
- CNA Canada
- Direct Line Group
- Major insurers across Life, P&C, and Specialty lines
Links
Similar Companies
-
RRiskCreativeThe insurance ecosystem is unnecessarily complicated. We work every day to change that.
-
Reitigh (now Resolve)Financial transformation software automating back-office data workflows for insurers, asset managers, and banks -
RRhino PartnersCustom software development and data science for fintech and insurtech companies
-
Red Mountain TechnologiesVehicle history data and proprietary risk scoring for auto insurance carriers and the auto auction industry. -
RecordLinkerML-powered record linkage and data normalization for insurance AMS migrations -
RapidSOSEmergency response data platform connecting devices, apps, and sensors to 911 centers and first responders
Last updated: 2026-03-25