Xceedance Partners with Input 1 to Provide an Innovative Policy Administration, Billing and Payments Solution for Program Administrators and Managing General Agents
WOODLAND HILLS, Calif.–(BUSINESS WIRE)–Input 1, a digital billing services and payment solutions provider, and Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced a strategic partnership. The partnership incorporates an industry-leading billing and payments solution from Input 1 with the state-of-the-art MGA Agility Suite, a policy administration platform from Xceedance for program administrators and managing general agents (MGAs).
“The partnership between Input 1 and Xceedance expands our offering by incorporating a leading digital billing service and payment solution within the MGA Agility Suite,” said Travis MacMillian, Chief Business Officer, Xceedance. “Expedient integration between the two platforms enables a seamless flow of information to drive the billing process for our mutual customers. MGAs can gain greater efficiencies and pricing leverage combined with specific expertise from both Xceedance and Input 1. This offering allows our customers to get to market faster and create greater costs savings — all while deploying advanced technology and services to improve the overall policyholder experience.”
“Input 1 and Xceedance are both devoted to the specific needs of the MGA and insurance carrier space. Our firms have a mutually deep dedication to understanding the insurance processes for our clients in order to deliver the best in digital CX (customer experience) and AX (agent experience) solutions,” said Chris Farfaras, Executive Vice President, Chief Sales and Marketing Officer, Input 1. “Ultimately, we want our clients to leverage our collective strengths to deliver high-value solutions to their organizations and markets.”
The MGA Agility Suite from Xceedance is an out-of-the-box solution, combining policy administration technology, insurance lifecycle services, and strategic operations support. It is a policy and pricing platform that gives established and start-up program administrators, MGAs, and managing general underwriters (MGUs) a tailored platform to effectively capture and serve target market segments — a key differentiator in an increasingly competitive business landscape.
The digital billing and payments solution from Input 1 is a highly configurable and effective digital billing and payments solution that handles the entire premium collections cycle for managing general agents and insurance carriers. Using standard API protocols to exchange a myriad of data points, Input 1’s clients take advantage of enterprise-class billing and payments features at a fraction of the cost of most other solutions in the market.
Xceedance (www.xceedance.com) is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Liechtenstein, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable insurers, reinsurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability.
About Input 1, LLC
Since 1984, Input 1 has been providing digital billing and payment services, software, premium financing, and specialty consulting services to insurance carriers, managing general agencies, banks, and premium finance companies across the United States, Canada, and the Virgin Islands. The company’s software and digital solutions provide online access to more than a million agents, brokers, and policyholders annually. www.input1.com