Introducing DXC Assure Risk Management
In a groundbreaking move, DXC Technology has unveiled its latest innovation,
DXC Assure Risk Management — an AI-powered claims solution tailored specifically for self-insured organizations. This new offering is set to transform how these organizations manage employee care, healthcare costs, and the overall insurance claims process.
The Challenges for Self-Insured Organizations
Self-insured companies face unique hurdles when it comes to managing employee benefits. Unlike traditional insurance models, self-insured organizations utilize their own funds to cover employee insurance claims. This often presents various challenges including complicated regulatory compliance, rising healthcare costs, and the necessity to improve return-to-work outcomes for injured employees.
Comprehensive Solution
DXC Assure Risk Management is available worldwide, providing a
flexible platform designed to address these pressing challenges effectively:
- - AI-Enabled Processes: The platform harnesses the power of artificial intelligence to automate claims workflows, mitigate operational risks, and manage health and safety tools cohesively. This intelligent automation seeks to streamline processes that can often be lengthy and cumbersome.
- - Expert Human Insight: Central to DXC Assure Risk Management is a specialized team with extensive knowledge in the insurance realm, guiding users through the entire claims lifecycle. With tools for sentiment analysis and proactive claims prevention, this human touch is invaluable for optimizing employee outcomes.
- - SaaS Technology: The solution integrates modern, end-to-end, persona-driven risk management systems with document automation processes and real-time dashboards. Embedded generative AI capabilities further enhance the system, aiming to improve overall claim outcomes predominantly.
Industry Expert Endorsement
Ray August, President of Insurance Software and BPS at DXC Technology, emphasized the significance of this launch: "We are proud to introduce DXC Assure Risk Management, an innovative solution that combines expert people, AI workflows, and technology to help self-insured employers manage the full claims lifecycle, from care to cost, for injured employees. This initiative showcases DXC's commitment to innovation that delivers genuine value to our clients."
Nathan Golia, a senior analyst for Celent, also shared insight, noting that while self-managing claims can yield cost savings, self-insured companies need streamlined management processes akin to those of full-stack insurers. The integration of AI in risk management can drive vital efficiencies while care experts ensure employees return to work swiftly and safely.
Trusted Partner
With over 40 years of experience, DXC Technology stands as the partner of choice for 21 of the top 25 insurers worldwide. The firm is the leading provider of core insurance systems, dedicating efforts to innovate in ways that simplify complexities and reduce operational costs, impacting over 1 billion policies processed on their software.
Looking Ahead
Organizations can learn more about the DXC Assure Risk Management solution by visiting
DXC’s official website. This new introduction not only highlights DXC Technology's commitment to facilitating better management of insurance claims but also reinforces the company’s leadership position in the insurance technology landscape. As industries evolve, DXC remains at the forefront, shaping the future with cutting-edge solutions that prioritize employee care and organizational efficiency.