Xuber, Xchanging’s insurance software business, has officially relaunched in the US.
The software business–which relaunched to the UK market amid fanfare last October–already serves more than 20 clients within the US. including Endurance, Liberty Mutual and XL Group. Today’s relaunch sees the business set out its global ambitions, and bring its leading offering of next-generation commercial insurance products–the culmination of a £20m investment-to a new market. Xuber is one of the few providers to cover the full commercial insurance lifecycle, with the new offering including Xuber for Insurers, Xuber for Reinsurers, Xuber for Brokers and Xuber for MGAs.
Adrian Morgan, COO of Xuber, comments “The successes we’ve met with in the few short months since the London relaunch only serve to substantiate our belief that we have the best offering on the market. Xuber is the only single-platform solution with global capability, boasting unparalleled configurability and flexibility, and the ability to transition into new currencies and markets with unprecedented ease.
Our international history and expertise–encompassing 160 implementations across 30 years-means that we are perfectly suited to cater for multiple markets. As set out in 2012, we aim to be the number one global insurance software provider. The US is the next logical step on this journey.”
Michael Kulp, Head of Xuber U.S., comments “Insurance company executives are looking for new ways to analyse data better, bring new products to market more quickly and control IT costs. Multiple legacy systems create workflow inefficiencies, added costs and lost market opportunities. The industry is long overdue for an elegant software solution that can manage complexity even as it simplifies the user experience.
We have a seasoned team in place with an average of nine years of product experience and 12 years of industry experience. We are ready to bring this expertise to bear to help customers experience the most comprehensive way to minimise risk and drive business growth.”
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