DXC Know-how, a worldwide know-how providers supplier, has launched Guarantee Broking Necessities, a brand new AI-powered, multi-tenant SaaS answer, designed to assist small and mid-sized insurance coverage brokers.
This new platform goals to deal with the challenges of a quickly evolving insurance coverage trade, the place brokers face mounting stress to digitize, meet rising buyer expectations, and adjust to laws.
In keeping with DXC Know-how, Guarantee Broking Necessities simplifies operations and accelerates transformation. The ready-to-deploy, cost-efficient platform replaces outdated legacy processes with an AI-first working mannequin.
It additionally consists of built-in safety and compliance, for the SaaS answer to satisfy necessities of evolving regulatory frameworks, together with ACORD GRLC requirements, which permits for fast and seamless integration into current workflows.
“Because the insurance coverage trade continues to evolve, brokers face challenges from legacy know-how constraints, abilities shortages, and outdated processes,” mentioned Ray August, President, Insurance coverage Software program and BPS, DXC Know-how. “With Guarantee Broking Necessities we’re equipping small and mid-sized brokers with a safe, scalable, and AI-powered platform that enhances productiveness, streamlines compliance, and elevates customer support.”
Alix Douglas, GVP, Companion Options, ServiceNow, acknowledged: “As organizations shift from experimenting with AI to operationalizing it at scale, the worth of trusted, scalable platform partnerships is extra vital than ever.
“DXC Guarantee Broking Necessities, constructed on the ServiceNow AI Platform, helps ship an distinctive shopper expertise that seamlessly integrates customizable AI capabilities which might be value environment friendly and safe, accelerating enterprise transformation as a complete. This partnership showcases what’s attainable when deep area experience meets a purpose-built platform for AI innovation at scale.”
Guarantee Broking Necessities leverages accountable AI, human-in-the-loop automation, and clever information extraction to enhance effectivity, cut back complexity, and allow seamless workflows.
The platform is the results of a collaboration that mixed DXC’s insurance coverage software program with ServiceNow’s workflow automation and AWS’s safe cloud infrastructure.
The answer additionally leverages Velonetic’s trade experience and mea platform’s superior doc intelligence, providing enterprise-grade innovation with out the excessive value, DXC highlighted.