{"id":3505,"date":"2025-05-02T13:20:00","date_gmt":"2025-05-02T13:20:00","guid":{"rendered":"http:\/\/calebdewey.com\/?p=3505"},"modified":"2025-05-05T16:30:37","modified_gmt":"2025-05-05T16:30:37","slug":"xceedance-forms-strategic-partnership-with-furtherai-to-transform-commercial-insurance","status":"publish","type":"post","link":"http:\/\/calebdewey.com\/index.php\/2025\/05\/02\/xceedance-forms-strategic-partnership-with-furtherai-to-transform-commercial-insurance\/","title":{"rendered":"Xceedance forms strategic partnership with FurtherAI to transform commercial insurance"},"content":{"rendered":"

Xceedance, a provider of insurance consulting, technology, operations, and data solutions, has partnered with FurtherAI, a rapidly growing company specialising in AI Assistants designed for the commercial insurance sector.<\/p>\n

\"\"The collaboration aims to support insurers in modernising their operations by combining cutting-edge artificial intelligence with Xceedance\u2019s in-depth expertise in implementation and delivery.<\/p>\n

The alliance is focused on speeding up the integration of AI technologies across the insurance value chain, especially for large enterprises where efficiency, accuracy, and scalability are essential.<\/p>\n

FurtherAI\u2019s AI Assistants streamline processes like policy submissions, reviews, and audits, while Xceedance ensures these solutions are integrated and scaled within insurers\u2019 existing systems and workflows.<\/p>\n

FurtherAI\u2019s AI Assistants have already led to significant improvements. For example, a major MGA was able to double underwriter productivity, a risk exchange reduced its policy review time by 20% while expanding its audit coverage, and a regional insurer increased policy comparison speed by 95%, improving both efficiency and accuracy.<\/p>\n

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Xceedance will take on the role of scaling and operationalising these results for its client base, ensuring smooth integration with existing systems and processes. As part of the partnership, Xceedance has also made a strategic investment in FurtherAI.<\/p>\n

\u201cGreat technology is only part of the equation,\u201d said Aman Gour, CEO and Co-founder of FurtherAI. \u201cWhat truly moves the needle is adoption at scale. That\u2019s why this partnership with Xceedance is very powerful. We\u2019re a fast-moving startup, and they bring the scale and expertise that large insurers trust. It\u2019s a classic case of standing on the shoulders of giants\u2014together, we\u2019re making AI real for the industry.\u201d<\/p>\n

\u201cSmart use of AI has the potential to significantly reduce insurance carrier and MGA expense ratios. We\u2019ve spent a lot of time working with our clients to identify gaps and opportunities and understand where AI can be applied quickly for great results,\u201d added Arun Balakrishnan, CEO, Xceedance.<\/p>\n

\u201cFurtherAI, with its ability to deliver effective and efficient AI Assistants for insurance workflows, fits our needs perfectly. We\u2019re excited to partner with them on the next phase of their growth.\u201d<\/p>\n

The post Xceedance forms strategic partnership with FurtherAI to transform commercial insurance<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Xceedance, a provider of insurance consulting, technology, operations, and data solutions, has partnered with FurtherAI, a rapidly growing company specialising in AI Assistants designed for the commercial insurance sector. The collaboration aims to support insurers in modernising their operations by combining cutting-edge artificial intelligence with Xceedance\u2019s in-depth expertise in implementation and delivery. The alliance is […]<\/p>\n","protected":false},"author":1,"featured_media":3507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/3505"}],"collection":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/comments?post=3505"}],"version-history":[{"count":3,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/3505\/revisions"}],"predecessor-version":[{"id":3509,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/3505\/revisions\/3509"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media\/3507"}],"wp:attachment":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media?parent=3505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/categories?post=3505"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/tags?post=3505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}