Collaboration will accelerate the adoption of AI-driven automation across underwriting, compliance, and claims workflows
Xceedance, a global provider of insurance-focused consulting, technology, operations, and data solutions, has announced a strategic partnership with FurtherAI, a fast-growing company developing AI Assistants purpose-built for commercial insurance. Together, the two firms will help insurers modernize their operations by combining cutting-edge technology with deep implementation expertise.
This partnership is designed to accelerate the adoption of AI across the insurance value chain—especially for large enterprises where speed, accuracy, and scale are essential. FurtherAI’s AI Assistants automate manual work across submissions, policy reviews, audits, and more, while Xceedance brings the operational knowledge and global delivery model needed to implement these solutions effectively.
“Great technology is only part of the equation,” said Aman Gour, CEO and Co-founder of FurtherAI. “What truly moves the needle is adoption at scale. That’s why this partnership with Xceedance is very powerful. We’re a fast-moving startup, and they bring the scale and expertise that large insurers trust. It’s a classic case of standing on the shoulders of giants—together, we’re making AI real for the industry.”
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FurtherAI’s AI Assistants are already delivering tangible results:
‣ A leading MGA doubled underwriter productivity
‣ A risk exchange cut policy review time by 20% while expanding audit coverage
‣ A regional insurer accelerated policy comparisons by 95%, improving both speed and accuracy
The role of Xceedance will be to operationalize and scale these outcomes across its client base, ensuring seamless integration with existing systems and workflows. As part of this partnership, Xceedance has also made a strategic investment in FurtherAI—reinforcing its commitment to backing technology that drives innovation and operational excellence in insurance.
“Smart use of AI has the potential to significantly reduce insurance carrier and MGA expense ratios. We’ve spent a lot of time working with our clients to identify gaps and opportunities and understand where AI can be applied quickly for great results,” said Arun Balakrishnan, CEO, Xceedance. “FurtherAI, with its ability to deliver effective and efficient AI Assistants for insurance workflows, fits our needs perfectly. We’re excited to partner with them on the next phase of their growth.”
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