Xceedance expands global actuarial and analytics services practice

Xceedance, the global provider of strategic insurance consulting and technology, is expanding its global actuarial and analytics services practice, to be led by Matthew Duke, senior vice president and chief actuary.

Duke brings 15 years of leadership in actuarial and analytics disciplines to the role, with expertise in strategy execution.

Prior to joining Xceedance, Duke worked at Blackboard Insurance as head of pricing and growth analytics, where he developed actuarial pricing infrastructure and led state filing initiatives. He has also held positions at Freedom Mortgage, Guy Carpenter, Arch Insurance Group, and Travelers.

The expansion of Xceedance's actuarial and analytics services mean it can now offer services in staff and technology enablement, pricing and growth analytics, reserving and claims analytics, data sciences and admitted market management.

Manish Khetan, chief operating officer for North America operations at Xceedance, said: “Matthew looks at actuarial services from a business perspective first. His approach to maximizing the value of the insurance actuarial function can be transformational for large companies looking to streamline and focus operations. Small to mid-size insurance companies, which may not have the bandwidth to truly take advantage of progressive actuarial services, can also benefit from the Xceedance offering.”

Duke noted: “Xceedance has provided actuarial services to insurance companies for several years, building a foundation upon which an expanded practice with broader reach can be established,” said Duke. “I strongly believe the involvement of proficient actuaries at all levels of the insurance decision-making process can translate to real value on the profit and loss statement. In partnering with Xceedance, insurance organizations can have access to top-quality actuarial and analytics resources, not only for standard pricing and reserving work, but also to enable other functions which contribute to the goals and outcomes of a company’s strategic plan.”