Insurtech provider taps insurance ops head

Insurtech provider taps insurance ops head | Insurance Business America

Technology

Insurtech provider taps insurance ops head

Industry veteran will oversee company’s North America business

Technology

By
Steven Byerley

Exdion Solutions, a developer of commercial insurance policy management and data analytics software, has announced the appointment of S. Steven Salar (pictured above) as the president and head of insurance operations.

In his new role, Salar will be responsible for overseeing Exdion’s North American business.

L.S. Ram, founder and CEO of Exdion, expressed his enthusiasm about Salar joining the team, stating, “I’m excited that Steven has joined our exceptional management team in our insurance operations,” said L.S. Ram, founder and CEO of Exdion. “We are experiencing significant growth, and he is the right person to lead our team.”

Salar has more than three decades of experience in commercial and personal lines in property and casualty insurance. Prior to joining Exdion, he held key positions at QBE North America, the AIG companies, and his own agency, the Steven Salar Agency, LLC.

He has worked with carriers such as State Farm, Farmers Insurance, and the Countrywide Insurance Group, assuming various roles such as producer, compliance manager, operations executive, technology consultant, and risk manager.

“I’m looking forward to working with the Exdion team and the new product offerings planned for the coming year,” Salar said.

In 2021, Exdion Solutions introduced Exdion Policy Check, a product that significantly reduces manual policy checking time, enhances accuracy, and drives cost reductions.

As part of its Exdion Edge suite of products, Exdion unveiled an updated version of Quote Compare earlier this year. This new iteration automates the collection and analysis of carrier quotes for brokerage clients. By leveraging its proprietary software, Exdion Extract, the company’s data analytics software facilitates the swift evaluation of 57 critical multi-carrier quotation data points.

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