Exavalu’s consulting, technology & leadership team has decades of experience working with top insurers on strategic challenges facing the Insurance industry in all key segments including Property & Casualty (P&C), Insurance for personal & commercial lines, Life Insurance, Annuities, Retirement and Group Insurance companies.
The Insurance industry continues to be heavily disrupted through forces of technology and digital transformation, increased regulation, changing consumer behaviors, newer distribution models, industry consolidation, challenged investment returns, structural overcapacity and global macro-economic and political change. Not only is the composition of the Top-10 in the US Insurance market today different from 20-years back, but the consolidation of market share is staggering in a winner takes all environment that’s changing rapidly.
This calls for insurers to rethink their strategy and operating models, review participation choices in stages of the value chain, develop digital capabilities quickly, deploy technology effectively, improve compliance posture, and focus on innovation and customer-centered thinking. Our clients are increasingly turning to us to provide clarity and strategic support in their search for growth, profitability and business resilience.
Our experience spans the insurance value chain. Our principals have worked with clients ranging in size from the largest global P&C insurers to small InsurTech players. We work with insurers and reinsurers, brokers/agents, claims management companies, and technology & distribution platforms. Our experienced team offers profound, holistic and deep understanding of the key business challenges and value levers in Insurance.