EXL partners with InsureMO for insurance core system modernization and AI integration.
ByAinvest
Wednesday, Sep 10, 2025 11:23 am ET2min read
EXLS--
The integrated solution allows insurers to modernize core systems, implement AI-powered underwriting, and automate claims processing while maintaining operational continuity. A notable success case demonstrated a 30% reduction in operational costs for a leading insurer, who launched a new product within just four weeks using the integrated solution [1].
The solution integrates with major global placement platforms including PSC, Ebix, Steadfast, and the London market, enabling insurers to expand their reach and operational agility. EXL's expertise in large-scale modernization and insurance AI helps clients add intelligent capabilities without having to replace their core systems, allowing for quick and efficient upgrades [1].
InsureMO's middleware platform is designed to accelerate digital transformation for insurers, brokers, MGAs, and ecosystem partners worldwide. The platform supports all lines of business and the entire insurance lifecycle, enabling rapid product innovation, seamless connectivity, and scalable operations without disrupting legacy core systems [1].
The collaboration is part of EXL's efforts to help insurers move beyond monolithic systems and accelerate innovation across underwriting, policy administration, claims, and distribution. With modular, scalable components, insurers can adapt quickly to market changes and deliver enhanced customer experiences [1].
EXL and InsureMO are committed to providing insurers with a smarter, faster, and more connected future, powered by data, AI, and industry insight. The partnership marks a significant step towards fulfilling their shared vision for the insurance industry's digital transformation [1].
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that helps leading organizations drive better outcomes and unlock growth with speed. With approximately 61,000 employees across six continents, EXL partners with businesses across insurance, healthcare, banking, retail, and more to transform operations and improve customer experiences [2].
About InsureMO
InsureMO is a cloud-native, API-first insurance middleware platform that accelerates digital transformation for insurers, brokers, MGAs, and ecosystem partners worldwide. The platform supports all lines of business and the entire insurance lifecycle, enabling rapid product innovation, seamless connectivity, and scalable operations without disrupting legacy core systems [1].
EXL, a global data and AI company, has partnered with InsureMO, a leading insurance middleware platform, to provide insurers with a faster and more flexible path to core system modernization, AI integration, and digital transformation. The collaboration combines EXL's insurance domain expertise and AI capabilities with InsureMO's cloud-native digital infrastructure and ecosystem of pre-built products and APIs, enabling insurers to accelerate innovation, simplify policy administration, and modernize legacy systems without disruption or downtime.
September 10, 2025 — EXL (NASDAQ: EXLS), a global data and AI company, has announced a strategic partnership with InsureMO, the world's leading insurance middleware platform. The collaboration aims to provide insurers with a faster and more flexible path to core system modernization, AI integration, and digital transformation. The partnership combines EXL's insurance domain expertise and AI capabilities with InsureMO's cloud-native digital infrastructure and ecosystem of pre-built products and APIs [1].The integrated solution allows insurers to modernize core systems, implement AI-powered underwriting, and automate claims processing while maintaining operational continuity. A notable success case demonstrated a 30% reduction in operational costs for a leading insurer, who launched a new product within just four weeks using the integrated solution [1].
The solution integrates with major global placement platforms including PSC, Ebix, Steadfast, and the London market, enabling insurers to expand their reach and operational agility. EXL's expertise in large-scale modernization and insurance AI helps clients add intelligent capabilities without having to replace their core systems, allowing for quick and efficient upgrades [1].
InsureMO's middleware platform is designed to accelerate digital transformation for insurers, brokers, MGAs, and ecosystem partners worldwide. The platform supports all lines of business and the entire insurance lifecycle, enabling rapid product innovation, seamless connectivity, and scalable operations without disrupting legacy core systems [1].
The collaboration is part of EXL's efforts to help insurers move beyond monolithic systems and accelerate innovation across underwriting, policy administration, claims, and distribution. With modular, scalable components, insurers can adapt quickly to market changes and deliver enhanced customer experiences [1].
EXL and InsureMO are committed to providing insurers with a smarter, faster, and more connected future, powered by data, AI, and industry insight. The partnership marks a significant step towards fulfilling their shared vision for the insurance industry's digital transformation [1].
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that helps leading organizations drive better outcomes and unlock growth with speed. With approximately 61,000 employees across six continents, EXL partners with businesses across insurance, healthcare, banking, retail, and more to transform operations and improve customer experiences [2].
About InsureMO
InsureMO is a cloud-native, API-first insurance middleware platform that accelerates digital transformation for insurers, brokers, MGAs, and ecosystem partners worldwide. The platform supports all lines of business and the entire insurance lifecycle, enabling rapid product innovation, seamless connectivity, and scalable operations without disrupting legacy core systems [1].
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