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

DXC Technology Introduces Assure Broking Essentials

In a significant advancement for the insurance sector, DXC Technology, a leading global technology services provider, has announced the launch of Assure Broking Essentials. This innovative Software as a Service (SaaS) solution is specifically designed for small and mid-sized insurance brokers, aiming to streamline operations and enhance customer service.

A Modern Solution for Evolving Challenges

In today’s rapidly changing insurance landscape, brokers face growing demands to digitize their operations, meet rising customer expectations, ensure regulatory compliance, and prepare for future challenges. Assure Broking Essentials is positioned as a cost-effective, ready-to-implement platform that replaces outdated processes with an artificial intelligence (AI) driven operational model.

Ray August, President of Insurance Software and BPS at DXC Technology, highlighted the pressing challenges brokers encounter, such as legacy technological constraints, skilled labor shortages, and obsolete procedures. He stressed that with Assure Broking Essentials, small and mid-sized brokers can access a secure, scalable, and AI-based platform that boosts productivity, optimizes compliance, and enhances customer experience.

Key Features of Assure Broking Essentials

The features of Assure Broking Essentials are crucial in addressing the needs of modern insurance brokerage:

• - AI-Driven Operations: The platform incorporates AI-driven capabilities that simplify workflows and enhance efficiency.
• - Automation: A combination of responsible AI, human-in-the-loop automation, and intelligent data extraction contributes to streamlined processes.
• - Regulatory Compliance: Integrated security and compliance features ensure that the platform meets evolving regulatory frameworks, such as ACORD GRLC standards, facilitating quick onboarding within existing operations.
• - Cloud Infrastructure: Leveraging AWS’s secure cloud infrastructure, the solution ensures a reliable backbone for the operations of insurance brokers.

Strengthening Partnerships and Enhancing Innovation

A notable aspect of this launch is DXC's partnership with ServiceNow. Alix Douglas, ServiceNow's General Vice President of Partner Solutions, emphasized the increasing importance of alliances with trusted platforms as organizations transition from AI experimentation to large-scale implementation. DXC's collaboration with ServiceNow not only aids in creating a seamless customer experience but also showcases the potential derived from combining deep industry expertise with a platform centered around AI innovation.

Commitment to Modernizing Insurance Ecosystems

This launch underscores DXC Technology's commitment to modernizing the global insurance ecosystem, further expanding its portfolio of brokerage solutions to cater to brokers of all sizes. With over 40 years in the insurance industry, DXC is a trusted partner, processing over 50% of transactions in the London insurance market.

DXC Technology is dedicated to innovating commonplace practices, assisting brokers and reinsurers in reducing complexities and costs across a staggering billion policies processed with its software. Assure Broking Essentials not only enhances operational capacity but also empowers small and mid-sized brokers to thrive in an increasingly competitive market.

For further details about Assure Broking Essentials and DXC Technology’s offerings, visit DXC Technology’s official website.