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Expanding Horizons: DXC Technology and PoloWorks Partnership

In a significant move aimed at redefining the landscape of the insurance market, DXC Technology (NYSE: DXC), a prominent leader in enterprise technology and innovation, has expanded its alliance with PoloWorks, a leading Lloyd's management agent. This partnership is set to streamline the way new syndicates are formed and operated through the utilization of DXC’s advanced technology offerings.

The integration of PoloWorks’ operations with DXC’s Assure Commercial Specialty platform marks a substantial leap forward. This platform stands out as a cloud-native solution equipped with API capabilities and integrated artificial intelligence. Such technology empowers PoloWorks to establish and scale new syndicates swiftly and efficiently, providing crucial flexibility to newcomers entering the Lloyd's market for underwriting.

Since 2023, DXC and PoloWorks have been on a collaborative journey focused on modernizing syndicate operations using the Assure Commercial Specialty cloud platform. This collaboration has eliminated the heavy resource demands traditionally required from each syndicate for software management, thus facilitating a quicker market entry for new players.

Paul Andrews, CEO of PoloWorks, emphasized the advantage of their new technological foundation, stating, "With Assure Commercial Specialty, we can furnish our syndicates with the technology necessary to commence operations successfully from day one." This partnership allows PoloWorks to provide essential stability, connectivity, regulatory compliance, and operational security, enabling syndicates to concentrate on their core business of underwriting.

Moreover, the synergy between PoloWorks and DXC empowers their ecosystem, not only supporting Lloyd’s syndicates but also catering to insurers and managing general agents (MGAs). The Assure Commercial Specialty platform can facilitate market entry for syndicates in under a month, allowing them to operate with agility and access top-notch industry tools and capabilities right from the start.

Chris Kirby, Global Product Director at DXC, remarked on the transformative potential of this partnership: "By enhancing speed to market, simplifying integration, and ensuring continuous access to cutting-edge tools, we are collectively modernizing the Lloyd's market and fostering growth for both managing agents and syndicates."

With over four decades of experience, DXC Technology has firmly established itself as a trusted partner within the insurance sector, handling over 50% of transactions in the London insurance market. As a leading provider of core insurance systems, DXC is committed to innovating and assisting brokers and reinsurers in minimizing complexity and costs across more than a billion processed policies using their advanced software solutions.

For organizations looking to leverage state-of-the-art technology in their insurance operations, the partnership between DXC Technology and PoloWorks offers a glimpse into a future where efficiency, innovation, and business agility are at the forefront. To learn more about Assure Commercial Specialty, further details can be accessed through their official platforms.

About DXC Technology
DXC Technology is a principal partner in technological and business innovation, delivering software, services, and solutions to global corporations and public sector organizations. They focus on harnessing AI to drive impactful results during times of exponential change. With a vast expertise in managed infrastructure services, application modernization, and tailored software solutions, DXC safeguards, modernizes, and operates some of the world’s most complex technology ecosystems. Visit dxc.com for additional information.