Data analytics and AI specialist EXL has partnered with insurance middleware platform InsureMO, enabling insurers to modernise core systems, integrate AI, and pursue digital transformation.

The collaboration combines EXL’s insurance industry knowledge and AI proficiency with InsureMO’s cloud-native digital infrastructure, equipping insurers to refine policy administration and update legacy systems without interruption.

The initiative is designed to assist insurers in moving away from “monolithic systems” and to drive innovation in essential operations such as underwriting, policy administration, claims handling, and distribution channels.

InsureMO’s middleware is compatible with global placement platforms, including PSC, Ebix, Steadfast, as well as the London market, which could potentially widen insurers’ operational flexibility and market access.

EXL’s expertise in extensive modernisation projects and insurance AI is expected to help clients incorporate capabilities such as AI-driven underwriting and automated claims processing.

According to the company, these enhancements can be integrated with existing core systems, offering a way to update operations “quickly” and with “less disruption”.

EXL executive vice-president, chief growth officer and head of international growth markets Vishal Chhibbar said: “This collaboration gives insurers a smarter, faster path to modernisation—without the disruption, downtime or heavy costs typically associated with core system transformation.  

“By combining InsureMO’s proven middleware platform with EXL’s deep insurance expertise and ready-to-deploy insurance AI solutions, we’re offering an agile, lower-risk alternative that enables insurers to innovate and scale with confidence.”

InsureMO chief revenue officer Rajat Sharma stated: “This is about enabling insurers to innovate while minimising risk. Our collaboration with EXL brings end-to-end agility—making it possible to deploy and scale digital journeys in weeks, not months.”

Meanwhile, Singapore-based United Overseas Insurance (UOI) recently partnered with InsureMO and Unqork to propel its core system modernisation and enhance its distribution and service capabilities across the ASEAN region.

This collaboration is anticipated to expedite UOI’s digital transformation by utilising InsureMO’s middleware platform together with Unqork’s Regenerative Application Development Platform technology, thereby embedding modern digital functionalities.