InsurTech Spotlight: Exavalu

Exavalu

Company: Exavalu

Website: www.exavalu.com

Business Category: A technology provider of InsurTech tools to insurance practitioners

Maturity Status: Mature (more than 3 years since product went into production)

Product or Service: Insurance Consulting (Advisory), Digital Services and Industry Solutions

Area: Property & Casualty and Life & Health insurance

Exavalu is a specialized, digital transformation advisor and solutions partner for insurance organizations – insurance brokers, insurance companies, and managing general agents. As a trusted advisor, we combine our deep industry knowledge and technology expertise to help our clients define and achieve their digital strategy goals. Our capabilities span property & casualty personal, commercial, and specialty lines, life and annuities, and group benefits.

What makes us an InsurTech:

Exavalu has developed a digital engagement platform to streamline the customer experience for policyholders, agents, and brokers.

Exavalu DEP (Digital Engagement Platform) for brokers, agents, and MGAs: Equipped with an intuitive workflow, the platform empowers brokers, agents, and MGAs to streamline operations by easily and accurately capturing data, generating quotes, managing policies, and initiating claims for multiple lines of business, especially commercial and specialty lines. Optimized to provide digital self-service for Guidewire InsuranceSuite and InsuranceNow clients.

Exavalu DEP (Digital Engagement Platform) for consumers: Provides an intuitive, streamlined experience for personal auto and homeowners’ insurance policyholders along with small commercial policy holders, e.g. workers’ compensation and commercial property. Provides an optimized experience for new business, billing, policy services, claims submission, and claims status.

Optimized to provide digital self-service for Guidewire InsuranceSuite and Guidewire InsuranceNow clients.

Major features & technology used:

We embed technologies like Amazon Textract, Amazon Comprehend, Amazon Augmented AI, OpenAI ChatGPT, Anthropic Claude (via AWS), and Google Gemini Pro into our services and solutions, helping insurers to experience the benefits of Gen AI in Insurance. Additionally, we have built strong, strategic partnerships with Guidewire, Salesforce, and Socotra, enabling us to provide transformative, platform-related services and solutions to our insurance clients.

About Exavalu

The modern business landscape has become defined by rapidly evolving customer demands, disruptive technologies, never-ending market volatility, and increasingly nimble competitors. Exavalu’s team of former CIOs, industry practitioners, and consultants can help you turn business challenges into opportunities. You will receive the roadmap that you need to modernize your operations and remain competitive over the long term and the digital services and solutions to enable the execution of this roadmap. For more information, visit www.exavalu.com.

Source: Exavalu

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