Industries — Insurance
Insurance Data, Built for Accuracy and Speed.
EXCO helps insurers close the books faster, verify coverage reliably and understand claims and policy performance from one governed data foundation.
- Month-End Closing
- Reconciliation
- Insurance Verification
- Claims Analytics
- Policy Data
- Regulatory Reporting
Industry Challenges
Insurance Data Spans Decades and Dozens of Systems.
Policy lifecycles run for years, claims involve many parties and finance teams reconcile policy, claims and GL data by hand at every month-end.
EXCO builds the integrated, reconciled data that makes closing, verification and claims analysis faster and more reliable.
Slow month-end close
Reconciliation across policy, claims and GL takes days.
Manual eligibility checks
Coverage verification relies on phone calls and portals.
Limited claims visibility
Claims cost drivers are understood too late.
Fraud found by chance
Suspicious patterns are spotted manually, if at all.
Our Approach
One Data Foundation. Built for Your Industry.
We start from the realities of your sector, then build the data, software and reporting it needs.
- 01
Understand the Business
Map your operating model, regulations, systems and key decisions.
- Domain discovery
- 02
Fix the Data Foundation
Integrate and clean the data behind your most important processes.
- Data platform
- 03
Report What Matters
Industry-specific KPIs and dashboards for leadership and teams.
- Industry KPIs
- 04
Automate the Repetitive
Remove manual steps from reconciliation, reporting and operations.
- Automation
- 05
Predict and Prevent
Analytics and models that flag risk and opportunity early.
- Analytics & AI
- 06
Operate and Grow
Run it as a managed service and keep improving.
- Managed service
What We Deliver
What We Build for Insurance
Finance, operations and analytics capabilities for insurers.
Month-End Closing & Reconciliation
Automated reconciliation between policy, claims and GL systems.
- Policy-to-GL reconciliation
- Claims reconciliation
- Close checklists
- Variance reporting
Insurance Verification & Eligibility
Reliable coverage and benefit checks for policyholders and providers.
- Eligibility verification
- Benefits checks
- Verification logs
- Exception follow-up
Claims Analytics
Understand claims frequency, severity and cost drivers.
- Claims dashboards
- Cost driver analysis
- Handler performance
- Reserve trend reporting
Policy & Premium Data
One governed view of policies, premiums and renewals.
- Policy data model
- Premium reporting
- Renewal tracking
- Portfolio analysis
Regulatory Reporting Data
Traceable data for regulatory and statutory reporting.
- Regulatory data layer
- Validation rules
- Lineage
- Submission support
Fraud Signal Analysis
Patterns and anomalies that flag claims worth a closer look.
- Anomaly detection
- Claim pattern analysis
- Risk flags
- Investigation queues
Typical Engagements
Typical Insurance Engagements
Insurance · Finance
Month-End Close Automation
Automated reconciliation and close reporting across core systems.
Goal: Fewer days to close
Insurance · Operations
Eligibility Verification Service
Verification workflow with logged outcomes and exceptions.
Goal: Faster, auditable verification
Insurance · Claims
Claims Performance Dashboard
Claims frequency, severity and cost drivers in one view.
Goal: Earlier action on rising claims cost
Insurance · Risk
Claims Anomaly Screening
Rules and models flag unusual claims for review.
Goal: More fraud caught earlier
FAQ
Common Questions
Can you automate insurance month-end reconciliation?
Yes. We automate reconciliation between policy, claims and GL systems and flag exceptions for review.
Related
Paired With the RightSolutions & Services.
Solution
Financial & Regulatory Reporting
Financial reporting, regulatory returns and risk models built on reconciled, audit-ready data.
ExploreSolution
Advanced Analytics & AI
Machine learning, predictive analytics, big data analytics and data mining that run on production data.
ExploreSolution
Data Management & Engineering
Pipelines, integration, data modelling and warehouses that bring every source into one reliable platform.
ExploreIndustry
Healthcare
Revenue cycle management, credentialing, billing and coding, claims and tailored software for providers.
ExploreFor US, UK, EU & Middle East clients
Senior engineers with up to 14 years' experience, at a fraction of US, UK or European rates, with working hours that overlap yours.
For Bangladeshi businesses
The same international-standard team that serves global clients, with special local pricing in BDT.
Contracted SLAs, honest billing
Response times and deliverables are written into your contract. If we miss a contracted SLA, you don't pay for that incident. No hidden charges.
Close Faster. Verify With Confidence.
Talk to EXCO about month-end, verification and claims data.