What Exdion Insurance does

Exdion Insurance (legal entity Exdion Solutions Inc.) is a Plano, Texas-headquartered private software company that builds AI-powered automation tools for independent insurance agencies and brokers. Its core platform, Exdion EyeQ, is a SaaS solution that applies AI-driven document analysis to the insurance policy lifecycle, including coverage gap analysis, quote comparison via an X-Ray Viewer, client-ready proposal generation, E&O-focused policy checking, and automated endorsements processing with AMS and Outlook integrations. The company reports operational metrics of 5M+ policies processed to date and 8M+ pages processed per month, and claims $1.6B in potential E&O claim savings and 10,000+ daily CSR users, with named customers including INSURICA and a footprint that includes "6 of the Top 15" US insurance brokers.

The business operates a subscription SaaS revenue model with non-public, demo/quote-based enterprise pricing. GTM combines direct enterprise sales (with prominent 'Book a Demo' CTAs on the website) and channel-led distribution through AMS partnerships, most notably a strategic integration with HawkSoft announced February 12, 2026, designed to bring EyeQ capabilities to middle-market and Main Street agencies via the HawkSoft platform. Engineering and R&D are anchored in a Bangalore, India entity (Exdion Solutions Private Limited), creating a dual-shore operating model that supports a cost-efficient build footprint. The company is privately held with no disclosed institutional funding rounds, indicating founder/management ownership and a self-funded growth posture.

Recent strategic activity is concentrated in channel expansion (HawkSoft integration), industry demand generation (Applied Net 2025, Booth 441), and brand-building (three Stevie Awards and a Great Place to Work India certification in 2025). No M&A, geographic expansion beyond the US and India, leadership changes, or external funding events are disclosed in the source data, suggesting the company's near-term strategy is to deepen penetration of the US independent-agency wedge through partnerships and product-line extension within the EyeQ suite.

Name

Exdion Insurance

Legal name

Exdion Solutions Inc.

Website

https://exdioninsurance.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Short description

Exdion Insurance (Exdion Solutions Inc.) is a Plano, Texas-based private SaaS company that builds Exdion EyeQ, an AI-powered platform automating policy checking, coverage analysis, quote comparison, proposals, and endorsements for independent US insurance agencies and brokers, with R&D in Bangalore, India.

Ownership category

akta.pro rank

Product category

Insurance Technology Software

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Technology Errors & Omissions (Tech E&O) / Professional Liability (FSAJAOAC)

Keywords

• AI insurance software
• Policy checking automation
• Coverage gap analysis
• Insurance agency platform
• Quote comparison tool

Headquarters

HQ city

Plano

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS/Software Platform Subscription: AI-powered insurance software delivered as a cloud-based SaaS platform. The subscription model provides agencies with continuous access to EyeQ capabilities including policy checking, quote comparison, proposal generation, and endorsement workflows.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels8 records

Core offering

Exdion Insurance provides the EyeQ AI-powered SaaS platform that automates insurance document workflows for independent agencies and brokers. The platform delivers coverage gap analysis, quote comparison with an X-Ray Viewer, client-ready proposal generation, policy checking with variance detection, and endorsement workflow automation, integrated with AMS systems such as HawkSoft and Outlook.

Product overview

Exdion Insurance offers a unified AI-powered platform called Exdion EyeQ, designed specifically for insurance brokers and agencies to automate and digitize policy lifecycle management. The EyeQ platform integrates six interconnected modules: Coverage Gap for proactive risk analysis, Quote Compare (X-Ray Viewer) for quote evaluation, Proposal Builder for document generation, Policy Check for compliance review, and Endorsements for workflow automation. These modules work together to reduce manual effort, mitigate E&O risk, and accelerate renewal cycles for independent insurance agencies.

Differentiator

Problem solved

Functional benefit

Brands

• EyeQ: AI-powered digital assistant for insurance agencies that provides coverage gap analysis, quote comparison, proposal building, policy checking, and endorsements workflows.

Products and services

• Exdion EyeQ Exdion EyeQ is the core SaaS product: an AI-powered digital assistant that supercharges insurance agency growth and compliance teams by automating coverage analysis, quote comparison, proposal generation, policy checking, and endorsement workflows. It is sold as a subscription platform to independent insurance agencies and brokers, including through the HawkSoft channel partnership.
• HawkSoft-Exdion EyeQ Integration The HawkSoft-Exdion EyeQ Integration is a productized AI capability delivered through the HawkSoft AMS platform, providing policy checking, quote comparison, proposal generation, and endorsement workflows to middle-market and Main Street agencies using HawkSoft. It is positioned as bringing enterprise-grade AI capabilities previously available only to large brokerages to smaller agencies within their existing AMS environment.

Quantifiable outcome

• 90% reduction in coverage review-to-quote cycle — from hours to minutes
• +7 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

One partnership is on record.

• HawkSoftcoreTechnology or Integration · 12 February 2026Strategic collaboration announced February 12, 2026, to provide insurance-native AI tools for independent insurance agencies operating on the HawkSoft platform. The integration delivers policy checking, quote comparison, proposal generation, and endorsement workflows through Exdion EyeQ. The partnership aims to bring enterprise-grade AI capabilities previously available only to large brokerages to middle-market and Main Street agencies.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• UiPath: UiPath is a leading enterprise RPA and AI automation platform used in insurance for back-office workflows including policy servicing and claims. Comparable automation and process efficiency narrative to Exdion, though UiPath is a horizontal platform while Exdion is insurance-specialized.
• Applied Systems: Applied Systems is the largest insurance agency management software provider, serving independent brokers and agencies. Comparable target market to Exdion and a likely channel partner candidate similar to HawkSoft; Applied could also build native AI features that compete with EyeQ.
• ABBYY: ABBYY is a long-established document AI and OCR vendor with deep penetration in insurance for forms processing, policy data extraction, and claims automation. Comparable as a document-underlying technology layer, though broader across verticals and not as specialized in insurance agency workflows as Exdion.
• Automation Anywhere: Automation Anywhere is a major RPA and AI process automation vendor with insurance as a significant vertical. Competes for the same workflow automation budget at insurance agencies and brokers that Exdion targets, though Automation Anywhere is a general-purpose platform rather than an insurance-native product.
• Vertafore: Vertafore is a major insurance agency management system (AMS) and workflow software provider for independent agents and brokers. Comparable end-customer base (independent agencies), though Vertafore is a system-of-record rather than an AI automation overlay, making it both a potential partner and competitive threat to Exdion.

Direct peers

• Indico Data: Indico Data provides AI-based intelligent document processing for insurance and other regulated industries. Directly comparable to Exdion's EyeQ in automating unstructured document workflows, with similar claims of reducing manual review effort and accelerating decision cycles in insurance.
• Instabase: Instabase offers an AI platform for automating complex document-based workflows, with insurance as a core vertical. Like Exdion, it targets back-office operations like claims, underwriting support, and policy servicing at insurance carriers and brokers with LLM-powered document understanding.

Emerging players

• Eigen Technologies: Eigen Technologies is an AI document analysis platform used by insurance and financial services firms to extract and analyze data from unstructured documents. Similar technology approach to Exdion's EyeQ with NLP-based extraction, targeted at insurance policy and submission workflows.
• Hyperscience: Hyperscience provides AI-powered document processing and classification automation for enterprises including insurance. Comparable technology stack and target buyer (operations leaders automating unstructured documents), though Hyperscience serves a broader set of industries beyond insurance.
• Planck: Planck is an AI data platform focused on commercial insurance underwriting and quoting automation. Comparable as an AI-native insurance technology vendor, though Planck focuses on carrier-side underwriting workflows rather than agency-side policy servicing like Exdion.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/exdionsolutions
• LinkedInlinkedin.com/company/exdion-insurance

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exdion Insurance