Xceedance hires catastrophe risk veteran from Guy Carpenter

Xceedance has named Vikas Wadhera as Senior Vice President, pulling in a 27-year catastrophe modelling veteran from Guy Carpenter to lead its push into exposure management and analytics.

Wadhera spent his most recent years at Guy Carpenter as Senior Vice President and Head of Knowledge Services, running the global analytics and advisory teams that supported the reinsurance broker's placements. Before that, he held senior roles at RMS, now part of Moody's, where he worked on integrating catastrophe models into underwriting and risk decisions.

The hire fits a broader build-out at Xceedance. The company says it processes more than 120,000 insured risks each day through its catastrophe modelling unit, which has a strong presence in the Lloyd's market and the U.S. It also claims its data-driven approach has cut unexpected catastrophe pricing variances by a factor of seven across client portfolios.

Subramanian Sankaran, Xceedance's President and Global COO, said Wadhera's job will be to "transform legacy processes into scalable, modern workflows, enhance user experience, and deploy AI-led solutions for intelligent data ingestion and analysis."

Wadhera himself framed the move around a shift in how insurers handle catastrophe risk. "Insurers are rethinking how they manage catastrophe risk and exposure data, while accelerating digital transformation and leveraging AI to enhance underwriting, improve risk assessment, and enable faster, data-driven decision-making," he said.

Xceedance's proprietary Risk Data Platform (RDP) is part of the pitch. The company says the platform's API-based architecture connects with underwriting systems and major catastrophe modelling tools, and that implementations have cut handling times by 60% to 70%, saved about 50% in costs, and freed thousands of operational hours per year.

Wadhera also brings ties to industry resilience initiatives. His background includes work linked to the Sendai Framework and the Geneva Association's climate risk working group.

For a company that processes over 120,000 risks daily and operates across the Lloyd's and U.S. markets, the hire signals a push to move beyond pure modelling volume into advisory and workflow transformation. The question for clients is whether the platform integration and AI claims translate into faster binding decisions, not just cheaper back-office processing.

Xceedance's MCO stock page tracks the broader Moody's ecosystem, which includes RMS, Wadhera's former employer.