MARKET WIRE NEWS

EXL named a Leader in Everest Group Customer Experience Services in Insurance Operations PEAK Matrix® Assessment 2025

MWN-AI** Summary

EXL (NASDAQ: EXLS), a global leader in data and AI services, has been recognized as a Leader in the Everest Group's Customer Experience (CX) Services in Insurance Operations PEAK Matrix® Assessment 2025. This prestigious accolade highlights EXL’s superior capabilities amidst evaluations of 21 prominent providers in the insurance CX sector, covering both Property and Casualty (P&C) and Life and Annuities (L&A) services.

The Everest Group's assessment provides an in-depth comparison of CX service providers, shedding light on their innovation and maturity levels. EXL garnered praise for its extensive domain knowledge in P&C and L&A, advanced data and AI capabilities, and a comprehensive suite of proprietary tools. Dinesh Singh Udawat, practice director at Everest Group, noted that EXL’s integrated delivery model effectively combines consulting, engineering, and operations to transform insurance CX, facilitated by strategic investments in automation and AI.

Vivek Jetley, EXL's president and head of insurance, emphasized the imperative for insurers to adapt to digital disruptions and heightened customer expectations. He highlighted EXL’s commitment to ensuring insurers can maintain seamless customer experiences in a rapidly evolving industry landscape, thereby enhancing policy servicing and claims handling.

The PEAK Matrix® framework evaluates market impact and vision across solution delivery, classifying companies into Leaders, Major Contenders, and Aspirants. This recognition solidifies EXL's standing within the industry and reflects its ongoing efforts to advance CX through innovative data applications.

As leaders in transforming insurance operations, EXL continues to shape the future of customer experience, unlocking enhanced outcomes for clients worldwide, while striving to navigate industry challenges and expectations effectively.

MWN-AI** Analysis

EXL (NASDAQ: EXLS) has recently been recognized as a Leader in the Everest Group Customer Experience Services in Insurance Operations PEAK Matrix® Assessment 2025. This accolade highlights EXL's competitive edge, particularly regarding its deep domain expertise and advanced utilization of data and AI. Investors should view this recognition as a strong indicator of EXL’s potential for sustained growth in the insurance sector.

The Everest Group evaluation noted EXL's comprehensive suite of proprietary tools and a robust data-driven approach, key factors that could enhance operational efficiency for insurance firms. Companies in the insurance space are increasingly seeking solutions that streamline claims processes, improve customer interactions, and leverage AI for better data insights. This trend towards digital transformation is reflected in EXL’s consulting-led approach, which integrates advisory, engineering, and operational services, thereby positioning EXL as a partner for insurance companies striving for end-to-end customer experience transformation.

Furthermore, with the report affirming EXL’s strong global delivery capability and expertise in both Property and Casualty (P&C) and Life and Annuities (L&A), it suggests that the company is well-prepared to capitalize on the evolving landscape of insurance services. This positions EXL favorably against competitors and mitigates risks associated with operational disruptions.

As customer expectations continue to rise amid digital disruptions, insurers will likely turn to leaders like EXL to navigate these complexities. For investors, this recognition of EXL's strengths presents a favorable outlook. Given the increasing demand for data and AI capabilities in the insurance industry, maintaining or increasing exposure to EXL might yield substantial long-term benefits. However, it remains crucial to monitor external economic factors that could impact overall market performance and investor sentiment.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, has been named a Leader in the Everest Group Customer Experience (CX) Services in Insurance Operations PEAK Matrix® Assessment 2025.

The Everest Group report examined 21 leading CX services in insurance operations providers, including Property and Casualty (P&C) and Life and Annuities (L&A) services. The assessment delivers an objective, comparative lens on provider innovation and maturity, allowing companies to align sourcing strategy with long-term CX transformation goals.

The report cited EXL’s deep domain expertise across both the P&C and L&A lines, robust data and AI capabilities and versatile suite of proprietary tools as company-wide strengths.

“EXL brings a consulting-led approach to insurance CX transformation, integrating advisory, engineering and operations through a unified delivery model,” says Dinesh Singh Udawat, practice director, Everest Group. “Its data and AI-led investments are enhancing its ability to automate the claims processes, deploy AI agents and redesign digital journeys for customers. Backed by deep P&C and L&A insurance expertise and a strong global delivery footprint, EXL is well positioned to support insurers’ end-to-end CX transformation, leading to its position as a Leader on the CX Services in Insurance Operations PEAK Matrix® Assessment 2025.”

Everest Group’s PEAK Matrix® is a proprietary framework that measures an organization’s impact created within the market and the ability to deliver solutions successfully. Market Impact is evaluated through market adoption, portfolio mix and value delivered. Vision and capability, the measurement for successful solution delivery, is assessed by evaluating each firm’s vision and strategy, scope of offered services, innovation and investments, and delivery footprint. The report uses this framework to classify service providers into Leaders, Major Contenders and Aspirants.

“Digital disruptions and rising customer expectations have forced insurance companies to pivot from transactional outsourcing toward data and AI transformational initiatives,” said Vivek Jetley, EXL president and head of insurance, healthcare and life sciences. “At EXL, we are working hard to ensure that insurers can continue to provide a seamless, integrated customer experience amid this industry-wide shift, leading to better policy servicing, claims handling, and customer outcomes.”

To read more about the Everest Group 2025 report, click here. To learn more about how EXL embeds AI into insurance customer service workflows, click here.

For more information about EXL’s insurance solutions, click here.

Disclaimer

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

About EXL

EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 65,000 employees spanning six continents. For more information, visit www.exlservice.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

Media Contact

Keith Little

media.relations@exlservice.com


FAQ**

How does EXL's recognition as a Leader in the Everest Group Customer Experience (CX) Services in Insurance Operations PEAK Matrix® Assessment 2025 impact EXLService Holdings Inc. EXLS's market positioning and client acquisition strategies?

EXL's recognition as a Leader in the Everest Group CX Services in Insurance Operations PEAK Matrix® Assessment 2025 enhances its market positioning by boosting credibility, attracting new clients, and solidifying existing relationships, ultimately strengthening its competitive advantage in the industry.

In what ways are EXL's data and AI capabilities enhancing its service offerings, and how might this benefit clients of EXLService Holdings Inc. EXLS in the insurance sector?

EXL's advanced data analytics and AI capabilities enhance its service offerings by providing predictive insights, optimizing claims processing, and improving risk assessment, ultimately benefiting insurance clients through greater efficiency, reduced costs, and improved customer experiences.

Given the report's emphasis on a consulting-led approach, how does EXLService Holdings Inc. EXLS plan to leverage its domain expertise to navigate future industry challenges and customer expectations?

EXLService Holdings Inc. plans to leverage its domain expertise by offering tailored consulting solutions that address evolving industry challenges and customer expectations, ensuring they remain agile and responsive in a dynamic market environment.

What specific steps is EXLService Holdings Inc. EXLS taking to integrate AI into customer workflows, and how does this align with the industry's trend toward digital transformation as noted in the Everest Group report?

EXLService Holdings Inc. is integrating AI into customer workflows by leveraging machine learning and data analytics to enhance decision-making and operational efficiency, aligning with the industry's digital transformation trend highlighted in the Everest Group report.

**MWN-AI FAQ is based on asking OpenAI questions about ExlService Holdings Inc. (NASDAQ: EXLS).

ExlService Holdings Inc.

NASDAQ: EXLS

EXLS Trading

0.2% G/L:

$32.21 Last:

545,418 Volume:

$32.49 Open:

mwn-link-x Ad 300

EXLS Latest News

EXLS Stock Data

$4,966,544,196
152,289,369
0.63%
196
N/A
Software & IT Services
Technology
US
New York

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App