GEOX Announces Collaboration with EXL to Provide Insurance Carriers with an Integrated Solution for Image Analytics
October 05, 2021 at 12:38 pm EDT
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GEOX has announced a strategic collaboration with EXL to deliver an integrated image analytics offering to insurance carriers. The joint solution aims to better assist carriers in achieving improved underwriting assessment, smart roof condition assessment, more precise property renewal assessment, and better claims processing support. GEOX provides property intelligence to aid insurance and real estate enterprises to assess risk accurately. This is achieved by leveraging patented AI technology in a unique way that uses aerial imagery to extract rich and timely 3D property data at scale, with no requirements for an IT infrastructure. EXL will integrate its actuarial and data science expertise over the GEOX platform.
ExlService Holdings, Inc. is a data analytics, and digital operations and solutions company. The Company's segments include Insurance, Healthcare, Emerging Business and Analytics. The Insurance segment serves property and casualty insurance, life insurance, disability insurance, insurance brokers, reinsurers, annuity, and retirement services companies. This segment provides digital operations and solutions and analytics-driven services across the insurance industry in areas, such as claims processing, premium and benefit administration, agency management, account reconciliation and others. The Healthcare segment primarily serves the United State-based healthcare payers, providers, pharmacy benefit managers and life sciences organizations. The Emerging Business segment provides data-led enterprise solutions in the areas of revenue enhancement, finance and accounting and customer experience management to clients in the banking and capital markets, and utilities industries, among others.