Xceedance gets CII accreditation for catastrophe risk modelling training programme

Certification under the programme is now recognised globally
Xceedance gets CII accreditation for catastrophe risk modelling training programme
CATASTROPHE & FLOOD
By Josh Recamara
21 May 2025

Xceedance has received accreditation from the Chartered Insurance Institute (CII) for its catastrophe risk modelling training programme, XCERA.

The accreditation recognises XCERA as meeting the CII’s standards for technical education in insurance and financial services. The programme is designed to build practical skills in catastrophe modelling and exposure management. Certification under the programme is now recognised globally, potentially supporting professional mobility and career progression across international markets.

Xceedance said the accreditation aligns with its broader strategy to develop technical talent within the insurance sector and strengthen its position as a provider of structured training in risk analytics and catastrophe modelling. The firm noted that such expertise is increasingly important as insurers and reinsurers face growing exposure to natural catastrophe risks driven by climate change.

In recent months, Xceedance has undertaken several initiatives to expand its operational capabilities and technology offerings.

In April, the company appointed Subramanian Sankaran as global chief COO, bringing over 30 years of experience in global operations and transformation. His role is expected to help align delivery operations with the firm’s long-term growth objectives.

Earlier this year, Xceedance acquired CIS Claim Services, a US-based property and casualty claims management firm. The acquisition added more than 150 staff members and a network of field adjusters, broadening Xceedance’s capacity in claims handling, including litigated claims and alternative dispute resolution.

The company has also made strategic investments in technology. In March, it invested in Friendly, a San Francisco-based artificial intelligence company focused on life and health underwriting, claims processing and risk assessment. Additionally, Xceedance announced a partnership with mea Platform in January to develop generative AI applications aimed at improving operational efficiency in underwriting and claims workflows.

Monalisa Samal (pictured above, left), executive vice president and head of global property lines, said the accreditation reflects the organisation’s focus on specialist education in catastrophe risk.

Meanwhile, Parul Varghese (pictured above, right), vice president and head of global learning and organisational development, added that the programme is part of ongoing efforts to invest in workforce development and lifelong learning.

 

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB UK.