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Corporation
xceedance.com

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Investments

2

Partners & Customers

10

About Xceedance

Xceedance is a global provider of consulting and managed services, technology and data sciences to insurance organizations. With offices in the U.S., U.K., Poland and India, Xceedance partners with insurers to launch new products, drive operations, implement technology, and deliver advanced analytics capabilities and process optimization.

Xceedance Headquarter Location

283 Franklin Street

Boston, Massachusetts, 02110,

United States

617-531-2158

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Latest Xceedance News

Xceedance to strengthen the professional workforce in India, with plans to hire 500+ teammates in 2022

Jun 16, 2022

June 16, 2022 Xceedance, a U.S.-based global provider of strategic operations support, technology, and data services to insurance organizations, recently announced plans to hire 500 additional skilled resources in India. The company currently has a 2,700-member team across the United States, United Kingdom, Liechtenstein, Poland, India, and Australia, a statement said. New teammates will join an insurance-focused, digital-first company led by an executive team of entrepreneurs and global industry experts. At its core, Xceedance is a growing organization, dedicated to developing accomplished professionals with well-rounded experience across the entire insurance value chain. With expertise in actuarial services, underwriting, policy management, claims, data sciences, and insurance technology, Xceedance helps to nurture future leaders of the global insurance ecosystem. A provider of insurtech solutions and services, Xceedance has four offices in India and an annual staff growth rate of 30 per cent, the statement said. “India is critical for our company’s success, and a key objective is to invest in the country’s diverse technology talent and knowledge workforce. Xceedance offices in India help support our right-shoring approach, delivering superior business value to clients worldwide,” said Amit Ranjan, chief administrative officer at Xceedance. “We seek talented individuals across multiple disciplines and departments, especially those with established insurance experience and backgrounds in varied fields such as technology, data management, statistics, and finance.”   “In marking the ninth anniversary of our company’s founding in India, we appreciate the resilience and dedication of our teams, which directly contribute to positioning Xceedance as a progressive, global provider of services and technology for insurance organizations. The skills and capabilities of a diverse workforce continue to be crucial to the evolution of Xceedance, and to the company’s purpose in service to the insurance industry and our communities. The hiring plans are a step in the right direction for Xceedance and will contribute to accelerated growth over the next 3 to 5 years,” Ranjan added. Ashish Nain

Xceedance Investments

2 Investments

Xceedance has made 2 investments. Their latest investment was in Five Sigma as part of their Series A on September 9, 2021.

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Xceedance Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/13/2021

Series A

Five Sigma

$12M

Yes

10

11/14/2017

Series A

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10

Date

9/13/2021

11/14/2017

Round

Series A

Series A

Company

Five Sigma

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Amount

$12M

New?

Yes

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Co-Investors

Sources

10

10

Xceedance Acquisitions

1 Acquisition

Xceedance acquired 1 company. Their latest acquisition was Activer Solutions on January 21, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/21/2020

$99M

Acquired

1

Date

1/21/2020

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

Xceedance Partners & Customers

10 Partners and customers

Xceedance has 10 strategic partners and customers. Xceedance recently partnered with Insurtech on April 4, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

4/26/2022

Partner

United Kingdom

1

3/21/2022

Partner

Xceedance enters into partnership with Ultimate Risk Solutions

The partnership combines URS 's expertise in risk and financial modelling with the actuarial and analytics capabilities from Xceedance , enabling insurance organisations to optimise reinsurance contracts , enhance capital modelling and improve financial results .

1

9/1/2021

Partner

Israel

7/13/2021

Partner

Canada

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10

6/29/2021

Partner

United States

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10

Date

4/26/2022

3/21/2022

9/1/2021

7/13/2021

6/29/2021

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United Kingdom

Israel

Canada

United States

News Snippet

Xceedance enters into partnership with Ultimate Risk Solutions

The partnership combines URS 's expertise in risk and financial modelling with the actuarial and analytics capabilities from Xceedance , enabling insurance organisations to optimise reinsurance contracts , enhance capital modelling and improve financial results .

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Sources

1

1

10

10

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