Exigis
Exigis provides the RiskWorks cloud-based Risk Management Operating System and related services to automate insurance compliance, certificate management, policy administration, and trade finance workflows for Fortune 500, Fortune 1000, and public-sector risk pool customers across 28 countries.
- Company typePrivate
- Founded2002
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Exigis does
Exigis, LLC. is a privately held, founder-led U.S. software and services company founded in 2002 and headquartered in New York, with additional offices in San Francisco and Southern California. It sells a cloud-based Risk Management Operating System called RiskWorks, delivered in two variants: RiskWorks for private-sector and general public-sector buyers, and RiskWorksPS for public-sector risk pools and individual self-insureds. The platform bundles three solution suites (Risk Management, Insurance Automation, and Trade Finance) and roughly twelve add-on modules covering certificate of insurance issuance, policy management, premium allocation, contract compliance, exposure data, incident reporting, contingent liabilities, and bank account tracking with FX support for 82 currencies.
The technology stack is built around configurable workflow automation rather than machine learning, with deterministic business rules that flag non-standard certificate and contract requests and route them to designated reviewers, plus an inquiry routing and FAQ knowledge module. Exigis maintains established interface solutions with major ERP and procurement systems including Oracle, SAP, Ariba, and JD Edwards, supporting data exchange with customer systems of record.
Exigis makes money through annual subscription licenses for RiskWorks and RiskWorksPS modules, supplemented by a substantial professional services book covering consulting, implementation, data integration, training, presentment (user onboarding and outreach campaigns), and reporting. It reaches customers through direct enterprise field sales, a network of channel partnerships with tier-1 brokers and consultants (Arthur J. Gallagher, Marsh USA, Willis Towers Watson), public-sector risk-pool partnerships (CSAC Excess Insurance Authority, Municipal Excess Liability JIF), and active sponsorship of industry conferences. The customer base spans 125+ Global 100, Fortune 1000, private-sector, and public-entity accounts across 11 industries, with 685,000+ system users in 28 countries and over 1,250,000 insurance documents transacted annually.
Exigis firmographics
Firmographics- Name
- Exigis
- Legal name
- Exigis, LLC.
- Website
- https://exigis.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Exigis provides the RiskWorks cloud-based Risk Management Operating System and related services to automate insurance compliance, certificate management, policy administration, and trade finance workflows for Fortune 500, Fortune 1000, and public-sector risk pool customers across 28 countries.
- Ownership category
- akta.pro rank
Exigis industry classification
Industry- Product category
- Risk Management Software
- NAICS
- Software Publishers (5132), Computer Systems Design Services (541512), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Risk Management (ERM), Operational Risk & Business Continuity (BPAEAPAJ)
- akta.pro secondary industries
- Enterprise Risk Management (ERM) (HDADAIAC), ERP Implementation & Systems Integration Services (BPAEAGAA)
Keywords
Where Exigis is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Exigis business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Subscriptions: Cloud-based software platform with annual subscription model for RiskWorks and RiskWorksPS platforms. Multiple application modules available.
- Professional Services: Consulting, implementation, training, reporting, and support services delivered by full-time professional staff. Includes assessment, optimization, and ongoing stewardship services.
- Presentment Services: Onboarding, user adoption campaigns, document transcription, and quality assurance services for customer accounts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise multi-module platform |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels9 records
Exigis product offering
Product offeringCore offering
Exigis develops and sells RiskWorks, a cloud-based multi-application Risk Management Operating System for enterprise risk management, insurance automation, and trade finance workflows. The platform automates Certificate of Insurance issuance, policy management, premium allocation, contract compliance, contingent liability management, and bank account tracking. Exigis also delivers professional services (consulting, implementation, training, support, presentment, and reporting) to complement its software, and serves Fortune 500/1000 enterprises and public sector risk pools.
Product overview
Exigis offers a unified Risk Management Operating System called RiskWorks, which is available in two variants: RiskWorks (for Fortune 500, private sector, and public sector organizations) and RiskWorksPS (specifically designed for public sector risk pools and self-insureds). The platform consists of three integrated solution suites: (1) Risk Management Solutions including rm.Compliance (contract compliance), rm.Exposures (exposure data management), rm.RiskControl, rm.Incidents, rm.Contracts (contract review with automated routing), rm.Documents and rm.Experts (knowledge management with intelligent routing); (2) Insurance Automation Solutions including rm.Certificates (certificate of insurance issuance and tracking), rm.Policies (policy management), and rm.Allocations (premium allocation); and (3) Trade Finance Solutions including rm.TradeFinance (contingent liabilities management) and rm.BankAccounts (bank account tracking). The platform also includes rm.Reports for ad-hoc reporting and analytics. Exigis complements its software with a comprehensive suite of professional services including consulting, implementation, data integration, training, support, presentment, and reporting services.
Differentiator
Problem solved
Functional benefit
Brands
- RiskWorks: Enterprise risk management operating system covering risk management, insurance automation, and trade finance solutions including insurance compliance management, exposure data management, risk control, incident reporting, contract review, certificate of insurance issuance, policy management, premium allocation, contingent liabilities management, and bank account tracking.
- RiskWorksPS
Products and services
- RiskWorks RiskWorks is the core cloud-based Risk Management Operating System providing a comprehensive suite of business process automation solutions for risk management, insurance automation, and trade finance. It is a plug-and-play enterprise system covering insurance compliance, exposure data management, risk control, incident reporting, contract review, certificate of insurance issuance, policy management, premium allocation, contingent liabilities management, and bank account tracking.
- RiskWorksPS RiskWorksPS is a multi-application cloud-based Risk Management Operating System developed specifically for public sector risk pools and individual self-insureds, offering the same core functionality as RiskWorks tailored for the public sector market.
- Consulting Services
- Implementation Services
- Data and Integration Services
- Support Services
- Training Services
- Presentment Services
- Reporting Services
Quantifiable outcome
- Tyco eliminated manual handling of over 40,000 certificates of insurance and achieved aggressive ROI goals
- +2 more outcomes
Companies that use Exigis
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Exigis technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature8 records
Exigis partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Arthur J. Gallagher Risk Services, Inc.coreStrategic partnership developed over a decade for coordinated client solutions in risk management and insurance. Collaboration on white papers including FEMA guidance for government entities.
- Marsh USA, Inc.coreLong-standing partnership for delivering coordinated risk solutions to mutual clients. Co-managed solutions for specific projects and industry verticals.
- Willis Towers WatsoncoreStrategic partnership for delivering coordinated risk and insurance solutions to enterprise clients through co-managed engagements.
- CSAC Excess Insurance AuthoritycorePartnership with California Counties and Special Districts excess insurance authority for public sector risk pool solutions.
- Municipal Excess Liability Joint Insurance FundcorePartnership with New Jersey municipal joint insurance fund for public entity risk pool solutions.
- Bauer AdvisingminorCollaboration on cybersecurity thought leadership including The Board's Role in Cybersecurity white paper.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Exigis competitors and assessment
Company assessmentDirect peers
- Origami Risk: Origami Risk provides a unified risk, insurance, claims, and safety platform for insurers, risk pools, and large enterprises — directly competing with Exigis's RiskWorks in insurance automation, certificate management, and pool administration.
- Riskonnect: Riskonnect delivers enterprise risk management, claims, and insurance software used by large corporations and risk pools; it overlaps closely with RiskWorks's risk management and insurance automation modules.
- Resolver: Resolver offers an integrated risk, compliance, and incident management platform aimed at enterprise and public sector buyers, providing direct competition in the ERM and incident reporting categories.
- SAI360: SAI360 (formerly SAI Global) provides enterprise risk, compliance, and learning software with strong public sector and financial services customers, competing with Exigis in ERM and GRC workflows.
- LogicGate: LogicGate's Risk Cloud platform delivers no-code GRC and enterprise risk management workflows for mid-market and enterprise customers, competing for the same enterprise risk management budget as RiskWorks.
- Venminder: Venminder provides third-party risk management and vendor due diligence software used by financial institutions and corporates; it overlaps with Exigis's contract review and certificate compliance modules.
Broad incumbents
- ServiceNow (GRC/IRM): ServiceNow's Integrated Risk Management (IRM) module competes with Exigis at the high end of the enterprise market as part of a much broader digital workflow platform with significant R&D and channel resources.
- Diligent (Galvanize/ACL): Diligent's GRC suite (acquired from Galvanize/ACL) covers enterprise risk management, audit, and compliance at large organizations, overlapping with Exigis's contract review, compliance, and risk management capabilities.
- Ebix: Ebix provides a broad suite of insurance and risk-management software and BPO services and was the acquirer of Insurance Data Services, where Exigis COO Robert Rodriguez previously ran operations.
- NAVEX Global (Lockpath): NAVEX Global (which acquired Lockpath) offers GRC and risk management software for enterprise and public sector buyers, competing with RiskWorks in ERM, compliance, and policy management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Exigis social profiles
Digital presenceExigis compliance and trust
Trust signalCompliance4 records
Exigis financial estimates
Financial estimateRevenue estimate
Valuation estimate
Exigis leadership team
Management profileNumber of profiles
Profiles4 records
Exigis funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Exigis M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Exigis
What does Exigis do?
Exigis develops and sells RiskWorks, a cloud-based multi-application Risk Management Operating System for enterprise risk management, insurance automation, and trade finance workflows. The platform automates Certificate of Insurance issuance, policy management, premium allocation, contract compliance, contingent liability management, and bank account tracking. Exigis also delivers professional services (consulting, implementation, training, support, presentment, and reporting) to complement its software, and serves Fortune 500/1000 enterprises and public sector risk pools.
Is Exigis a public or private company?
Exigis is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Exigis founded?
Exigis was founded in 2002. It employs 11 to 50 people.
Where is Exigis based?
Exigis is headquartered in New York, United States, in the North America region.
How does Exigis make money?
Three revenue lines are on record. Software Subscriptions are the primary driver. The others are professional Services and presentment Services.
Who are Exigis's main competitors?
Direct peers on record are Origami Risk, Riskonnect, Resolver, SAI360, LogicGate and Venminder. Broad incumbents are ServiceNow (GRC/IRM), Diligent (Galvanize/ACL), Ebix and NAVEX Global (Lockpath).
Does Exigis have an API?
No public API is recorded for Exigis.
What industry is Exigis in?
Exigis's product category is Risk Management Software. Its primary akta.pro industry code is BPAEAPAJ, Risk Management (ERM), Operational Risk & Business Continuity, with a secondary code of HDADAIAC, Enterprise Risk Management (ERM). Its NAICS code is 5132 and its SIC code is 7372.