Xceedance acquires CIS Claim Services

Provider of insurance analytics and consulting services to P&C insurers Xceedance has acquired CIS Claim Services, the claims business of CIS Group . With this P&C claims platform expansion, Xceedance welcomes 155 new team members, growing its team to more than 550 in the Americas and 4,000 worldwide.

The acquisition adds specialty property claims appraisal, field adjusters, and litigated claims management capabilities.

“We’re thrilled to join Xceedance and continue to build a world-class claims practice. Our specialization and nationwide network of claims professionals are a perfect fit to expand the Xceedance platform of technology- and AI-powered claims solutions for carriers and MGAs.” – Rebecca McKinney, who will join Xceedance from CIS as vice president of claims.

“Our clients – carriers and MGAs – are facing increasing pressures to deliver on the claims promise fairly and quickly while managing costs. In recent years, we’ve seen tremendous demand for our specialized, innovative approaches to supporting clients in every facet of the claims process. Adding CIS Claim Services is a key foundational step forward as we continue to grow in this space. I am excited to welcome Rebecca and the CIS team to the Xceedance community as we continue to innovate and build the market leader serving the insurance industry.” – Travis MacMillian, president of Americas at Xceedance.

“Xceedance tech-powered claims solutions allow our clients to resolve claims within days instead of weeks. With this acquisition of CIS Claim Services, we are adding new specialized property claims capabilities and a network of independent adjusters to bolster our offerings and provide our clients with an end-to-end claims solution.” – Marc Rothchild, senior vice president and head of claims at Xceedance.