#USA #DXC Technology #Ashburn #Insurance Brokers #Assure Broking

DXC Technology Unveils Assure Broking Essentials

DXC Technology, a prominent global technology service provider, has officially launched Assure Broking Essentials, a multi-tenant Software as a Service (SaaS) solution. Designed specifically for small to medium-sized insurance brokers, this innovative platform incorporates artificial intelligence (AI) to streamline operations and enhance client service. With the frequent challenges faced by brokers, including the necessity to digitize processes, manage increasing customer expectations, and comply with evolving regulatory landscapes, Assure Broking Essentials promises to transform the operational framework of its users.

A Transformative Approach to Insurance Processes

In today’s fast-paced insurance market, the pressure is mounting for brokers to adopt digital tools and encounter market demands head-on. Assure Broking Essentials provides a ready-to-use, cost-effective solution that replaces traditional processes with a sophisticated AI-driven operational model. The solution is not only equipped with integrated security and compliance features but also meets the evolving regulatory standards, including ACORD GRLC principles, enabling brokers to integrate the system seamlessly into their existing operations while fostering sustainable growth.

Ray August, President of Insurance Software and BPS at DXC Technology, highlighted that brokers often struggle with outdated technologies and processes that no longer serve their growth objectives. He stated, “With Assure Broking Essentials, we offer brokers a secure, scalable platform that enhances productivity, optimizes compliance, and elevates customer service.”

Partnership with ServiceNow

The value of reliable partnerships is underscored in the launch, particularly with ServiceNow. Alix Douglas, GVP of Partner Solutions at ServiceNow, remarked on the increasing adoption of AI in enterprises, emphasizing how partnerships can yield scalable platform solutions. Assure Broking Essentials, based on the ServiceNow AI platform, integrates customizable AI features that are both cost-effective and secure. This collaboration is pivotal in fostering an exceptional customer experience while expediting the organization’s overall transformation.

The integration of responsible AI, along with Human-in-the-Loop automation and smart data extraction, greatly enhances efficiency and simplifies processes. By combining DXC's renowned insurance software with ServiceNow's workflow automation and the secure cloud infrastructure of AWS, brokers can access enterprise-level innovations without incurring costly IT expenses.

Commitment to the Insurance Ecosystem

DXC’s launch of Assure Broking Essentials underscores a firm commitment to modernizing the global insurance ecosystem. With a legacy spanning over 40 years in the industry, DXC Technology remains a trusted partner for brokers, processing over 50% of transactions through the London insurance market. This pioneering solution solidifies DXC’s position as a leading provider of core insurance systems, continuously innovating to support brokers and insurers alike in navigating the complexities and costs associated with managing millions of policies.

For more information, find the details on DXC’s official website. DXC Technology stands out as a forward-thinking partner committed to advancing the industry, offering solutions that empower brokers to thrive in an increasingly competitive marketplace.