Xemplar Insights, LLC, a Wayne-based company that offers risk management solutions to Insurers and Commercial Businesses, has partnered with NLR Resources to enable electronic payment processing and provide an out-of-the-box feature on its flagship mobile solution - Xemplar Auto, to collect insurance premiums from policyholders.
Based in Rancho Santa Margarita, CA, NLR Resources offers merchant services and is a known player in the Insurance industry. Their partnership with Xemplar will power payment processing on the Xemplar platform. "We are excited and impressed by Xemplar's risk management and policyholder engagement capabilities, as it made perfect sense for us to partner and provide an integrated solution to collect premiums as well." says Jeff Luna, Director of Operations at NLR Resources.
Xemplar’s solutions blend individualized driving data with actionable insights of the mobile-focused policyholders to progressively improve their driving behaviors and reduce the risk of accidents. Xemplar enables Insurers to enhance their risk assessment practices by leveraging the smartphone technology to assess risk, engage customers, and create another channel for marketing the insurer’s products and services. With automated payment processing, Xemplar helps elevate the Insurers' interactions with their customers - especially newer generations of insurance buyers who continuously look for new ways to simplify their financial transactions.
"We're delighted about the partnership with NLR Resources," says Xemplar's CEO, SK Tirumala. "Our business model focuses on using innovation to improve efficiencies, and integrating NLR's technology aligns well with our goal of delivering tangible benefits for insurance companies to engage with their consumers. This integration with NLR’s capabilities adds to the growing list of digital services we offer on our platform."
About Xemplar Insights
Xemplar Solutions provide simple yet powerful features - to curb unsafe driving habits and offer new data to predict and analyze risks. These 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. They are amazingly economical and deliver high value at a fraction of the cost. With teams located in the United States and India, Xemplar 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.
About NLR Resources
NLR Resources provides small and mid-size businesses with electronic payment solutions. Since its founding, NLR has focused on optimizing payment acceptance by providing payment models that meet each clients' unique need. Implementing a global acquiring strategy allows NLR to provide its clients with a customizable suite of solutions that mitigate risk and reduce cost. Staying on the forefront of payment technology, NLR accelerates electronic payment acceptance by utilizing the latest in seamless integration methods; providing frictionless payment acceptance for clients and their customers. For more information, please visit //www.nlrresources.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.