Xemplar Partners with NLR Resources to Enable Premium Payments

Date: Aug 28, 2018 Location: Wayne, PA

Xemplar Partners with NLR Resources to enable premium payments

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.

Xemplar Products

Auto - Telematics for Risk Management

Xemplar Auto is a product for Standard, Non-Standard, and Preferred Personal Auto Insurers as a white-labeled mobile app for insured policyholders to provide digital policy services and risk prevention. Xemplar Auto includes the digital policy services found in Xemplar Engage, but also adds robust, smartphone based telematic features for driver safety self-assessment and targeted risk management. The solution is a Mobile app (iOS, Android) for insured drivers, and a cloud-based portal for carriers that provides a variety of BI reports for risk exposure analysis, etc.

Engage - Digital Customer Engagement

The Xemplar Engage product was created for Insurers and MGAs to provide policyholders a white-labeled mobile app for digital policy services, claims services and communications. Xemplar Engage can be configured, enhanced, and extended to offer policyholders mobile services across multiple insurance lines. The solution is comprised of a Mobile app (iOS, Android) for insureds, and a Cloud-based portal for carriers with app utilization reports.

Drive Business - Commercial Fleet Telematics

Xemplar Drive – Business was designed as a non-white-labeled option for Commercial Auto Insurers that believe that the policyholders will be apprehensive about using a data gathering solution provided by their insurance carrier. Xemplar Drive – Business would be referred by the insurer to the Commercial Auto policyholders (small businesses to large fleet owners) as a solution for risk prevention and loss control.

Xemplar Drive – Business is also available as a white-labeled off-the-shelf B2C subscription-based solution (SaaS or private) sold directly to Large Corporates, Commercial Businesses, and other Institutions that operate a fleet of vehicles, as a self-administered risk management solution.

Drive Family - Teen Driving Safety

Xemplar Drive – Business is a branded off-the-shelf, B2C subscription-based solution sold through distribution channels such as driving schools or not-for-profit organizations to individuals and/or parents of teens as means to analyze driving habits of themselves, or young drivers as they gain driving experience and develop good driving habits.

About Xemplar Insights

Xemplar products are innovative mobile and cloud technology-based solutions that enable insurers and MGAs to Sell better, Interact better, and Service better, by deploying mobile solutions that delight their policyholders with compelling customer engagement services and smartphone telematics based risk management features.

Xemplar has extended their world class mobile app and telematics capabilities to create products to meet the risk management needs of commercial fleets and families of teen drivers. Today fleet managers and parents of teen drivers have an easy-to-use solution that provides actionable insights into the high risk habits of their drivers.

Xemplar is committed to delivering high quality, feature rich solutions that are valued additions to the lives of users.