Welcome to InsurXcel℠

Shift Left is a buzz phase used in many ways across the technology spectrum. In general it means to "move the process or technology closer to the customer, resulting in faster and more efficient results". Shift left is about better service and achieving better business results. We are applying this concept to how technology is deployed in the insurance industry. Our designs focus on altering implementation workflows to reduce or eliminate dependancies on IT for critical business functions like rate and form updates, underwriting questions and decision rules.

Wyoming is an extremely business friendly state. The University has supported the Wyoming Technology Business Center (WTCBC) since 2006; an innovation-driven business incubator working to advance the University of Wyoming's mission to support economic and community development. InsurXcel℠ has utilized many of these services and participates regularly in the networking and education opportunities provided by the WTBC. We maintain relationships with the professors of the Computer Science department and offer intern opportunities to UWyo students.

A software vendor represents a purchase decision to your organization. A consultant is someone you bring in to help achieve a goal because you need additional expertise and/or manpower; a partner. The purchase model places significant emphasis on the initial decision, because it is the only point in the relationship where the buyer has leverage. From that point on, the customer's influence decreases as the vendor's control over the relationship increases. In a partnership, both parties regularly re-align the relationship for mutual benefit. We have no interest in being a vendor or controlling our customers. Our business model removes the normal mechanisms used in license contracts to "lock-in" the customer.

This question is a long standing concern with technology collaboration. If you have this concern, you will have it in a vendor relationship also. We have two primary methods for protection. 1) The content of your insurance products; rate, rules, forms and other content; are never shared across customers. Only the software code is shared. You use Microsoft Office or other commercially available products correct? But the content of those documents is never shared with your competitors through the Microsoft relationship. 2) We offer proprietary software coding for your company that is never shared with other members. This is controlled by our rate structures. For functionality you are willing to share with others, there is a "members" rate for the development. For functionality that you want to remain proprietary to your company, we have a higher "market" rate for those services.

In many cases, we offer our services at market rates, and utilize our products in the engagement without a membership requirement. For example, we can provide Book of Business or Claim Reserve Analysis services by deploying a cloud instance or our tools and providing your team the access needed to achieve the objectives of the engagement. We are open to discussing any product or service without a membership requirement.