Xemplar Insights announced today that it has confirmed the appointment of Srikrishna "SK" Tirumala, as the Chief Executive Officer (CEO), to lead the newly founded company through product innovation and drive exponential business growth.
Xemplar products were conceived and developed into matured solutions with market success under the leadership of SK while serving as EVP, Insurance Solutions at Prime Technology Group. Xemplar Insights was spun-off as an independent company earlier this year with SK leading the end-to-end process, while continuing to serve as head of Prime’s insurance vertical.
Speaking about this confirmation, Sudhakar Goverdhanam, CEO of Prime Technology Group and Chairman of the Board for Xemplar Insights, said, “This appointment is perhaps one of the easiest decision we had to make. Xemplar products took shape and matured under SK’s vision and leadership. He has also been instrumental in making the spin-off successful and seamless to the rest of Prime’s operations. His appointment as CEO was just the last piece of the plan.” He also added, “With our planned releases of Xemplar products this year, we have a massive opportunity to make this world a better place by realizing our mission of preventing road accidents. With SK focusing 100% on Xemplar, we are all set to achieve great heights.”
For last 5 years, SK has occupied various executive offices at successful P&C Insurance Solution providers while overseeing significant revenue growth within those businesses. Prior to that he has served in various leadership roles at Pegasystems and The Hartford.
“I’m excited to continue my journey with Xemplar as I truly believe we have developed remarkable products to curb losses due to accidents, while enhancing the digital experience. Xemplar already has the three key ingredients for growth - a grand vision, smart people, and proven results.” said SK. “With the Xemplar platform offered as a smartphone-cloud delivery model, we are ready to take Xemplar to the international market and grow our business very quickly.”
About Xemplar Insights
Xemplar Solutions Suite provides simple yet powerful features - to curb unsafe driving habits and offer new data to predict and analyze risks. Our solutions are highly configurable and customizable to suit every Insurance carrier’s appetite and objectives. We expanded this easy-to-use technology to drive business outcomes for small and medium business with mobile telematics data. These solutions are amazingly economical and deliver high value at a fraction of the cost. With teams located in the United States and India, Xemplar Insights can support any global business to transform how they manage risk in their day-to-day operations. For more information, please visit www.xemplarinsights.com.
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Personal Auto Carriers can harness the power of smartphone technology to drive change, increase connectedness and transform the customer experience.
Commercial Auto Carriers can discover the true potential of data to explore new opportunities for risk management and enhanced service for their commercial accounts, who in turn can implement additional safety controls for their fleet.
Xemplar Drive - Business
Businesses operating a fleet of vehicles can now monitor the driving habits of their drivers - to reduce risks of drivers, vehicles and the goods within. This is a direct-to-consumer version of Xemplar Fleet.
Our journey began in early 2015 while experimenting with smartphone technology to analyze motion patterns that led us to develop an innovative and economical solution for risk management and customer engagement. Xemplar solutions are designed to provide simple yet powerful features - to curb unsafe driving habits and offer auto insurers with new data to analyze the health of the book and to predict losses with real evidence of risks taken by the insured. Our solutions are highly configurable and customizable to suit every Insurance carrier’s appetite and objectives. With teams located in the United States and India, Xemplar Insights can support any global Insurer to transform how they manage risk in the Auto line of business.