Exela Technologies, Inc. Wins Intelligent Data Processing Contract with Large Property Insurance Firm
January 04, 2022 at 01:00 pm
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Exela Technologies, Inc. announced it has been awarded a contract with a large US based property insurance firm. The $2 million contract will utilize Exela's Intelligent Document Processing. The customer engaged Exela to help complete its digital transformation journey using IDP to digitize tens of millions of legacy files.
Exela Technologies, Inc. is a provider of transaction processing solutions, enterprise information management, document management and digital business process services. Its segments include Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS) and Legal & Loss Prevention Services (LLPS). ITPS provides industry-specific solutions for banking and financial services, including lending solutions for mortgages and auto loans, and banking solutions for clearing, anti-money laundering, sanctions, and interbank cross-border settlement; property and casualty insurance solutions for origination enrollments, claims processing, and benefits administration communication, among others. HS offerings include revenue cycle solutions, integrated accounts payable and accounts receivable, and information management for both the healthcare payer and provider markets. LLPS solutions include processing of legal claims for class action and mass action settlement administrations.
EXELA TECHNOLOGIES, INC. 
