Latest news with #AssureIllustrations
TECHx
a day ago
- Business
- TECHx
DXC Technology Unveils AI Insurance Illustration Solution
Home » Tech Value Chain » System Integrators » DXC Technology Unveils AI Insurance Illustration Solution DXC Technology (NYSE: DXC), a Fortune 500 global technology services provider, has announced the launch of DXC Assure Illustrations. This next-generation, AI-powered SaaS solution is designed to transform how life insurers generate and deliver policy illustrations. Now available globally, DXC Assure Illustrations offers a faster, smarter, and more engaging way to present life insurance projections. The solution modernizes a key part of the insurance customer journey. Insurers face increasing pressure to provide personalized and compliant illustrations while lowering costs and leveraging legacy systems. DXC Technology's insurance software addresses these challenges directly. The company reported that DXC Assure Illustrations delivers fast, accurate, and customized projections across advisor, contact center, and digital self-service channels. It eliminates fragmented tools and improves accessibility. This, in turn, enhances both agent productivity and customer satisfaction. Ray August, President of Insurance Software and Business Process Services at DXC, stated, 'At DXC, we're focused on modernizing insurance operations through AI and automation to deliver seamless, intelligent experiences. With Assure Illustrations, we're helping insurers accelerate digital transformation and elevate customer engagement.' Key features of DXC Assure Illustrations include:• AI-enabled projections with natural language-guided assistance for modeling 'what-if' scenarios• Frictionless, mobile-optimized interface for consistent use across devices• Pre-built integrations to DXC's life systems for faster deployment • Built-in goal-seeking tools for smarter financial scenario planning Built on DXC's Assure Architecture and pre-integrated with its life insurance systems, the platform is designed for speed and scalability. With over 40 years of industry experience, DXC Technology remains the trusted partner of 21 of the top 25 global insurers. The company processes more than 1 billion policies using its core insurance systems.
Channel Post MEA
2 days ago
- Business
- Channel Post MEA
DXC Delivers AI-powered Life Insurance Projections With Assure Illustrations Launch
DXC Technology has announced the launch of DXC Assure Illustrations, a next-generation, AI-powered SaaS solution that transforms how life insurers generate and deliver policy illustrations. Now globally available, Assure Illustrations brings a smarter, faster, and more engaging experience to life insurance projections, modernizing a critical part of the customer journey. Insurers today face growing pressure to deliver personalized, compliant policy illustrations while reducing operational costs and unlocking value from legacy infrastructure. DXC Assure Illustrations empowers insurers to meet these demands head-on, delivering fast, accurate, and customized projections across advisor, contact center, and digital self-service channels. By eliminating fragmented tools and improving accessibility, the solution enhances both agent productivity and customer satisfaction. 'At DXC, we're focused on modernizing insurance operations through AI and automation to deliver seamless, intelligent experiences,' said Ray August, President of Insurance Software and Business Process Services at DXC. 'With Assure Illustrations, we're helping insurers accelerate digital transformation and elevate customer engagement. By simplifying complex processes and enabling smarter, more personalized planning, we're setting a new standard for how the industry connects with policyholders.' Built on DXC's Assure Architecture and pre-integrated with DXC's life insurance systems Assure Illustrations is designed for speed and scalability. Key features include: AI-Enabled Policy Projections: Natural language-guided assistance helps customers model 'what-if' scenarios and solve variables such as future premiums, cash values, or benefit amounts. Frictionless Experience: A consistent, mobile-optimized interface ensures intuitive use across roles and devices. Speed to Value: Pre-built integrations with DXC's life systems eliminate costly third-party work and accelerate production time. Smarter Scenario Planning: Built-in goal-seeking tools enable quick modeling of complex financial scenarios, from adjusting premium schedules to forecasting long-term benefits. With over 40 years of industry expertise, DXC is the trusted partner of choice for 21 of the top 25 insurers. As the leading provider of core insurance systems, DXC continues to innovate—helping insurers reduce complexity and costs across more than 1 billion policies processed on DXC software. To learn more, visit website.
Techday NZ
6 days ago
- Business
- Techday NZ
DXC unveils AI platform to transform life insurance projections
DXC Technology has launched Assure Illustrations, an artificial intelligence-powered software solution designed to simplify and personalise the way life insurers deliver policy projections. Assure Illustrations, which is now available globally, has been developed as a software-as-a-service platform intended to enhance the experience for both insurance advisors and customers. The new platform allows insurers to rapidly generate tailored and compliant policy illustrations, providing projections through a range of channels including advisor-assisted, contact centres, and digital self-service environments. Insurer challenges Life insurers typically face increasing demands to provide more individualised and regulatory-compliant policy illustrations, all while controlling operational costs and making use of established IT systems. Many in the sector must navigate complex infrastructure and fragmented toolsets that limit flexibility and efficiency. DXC Technology states that Assure Illustrations is designed to address these challenges. By consolidating processes and enhancing accessibility, the solution aims to improve agent productivity and make financial product explanations clearer for customers. The platform operates across multiple user roles and devices, featuring a mobile-first design and consistent interface. Key platform features Assure Illustrations is built using DXC's existing Assure Architecture and is already integrated with DXC's core life insurance systems. Major features highlighted by the company include AI-enabled policy projections, where customers can explore different scenarios using natural language guidance. This functionality is intended to help users easily model variables such as future premiums, projected cash values, or potential benefit amounts. Additional features include pre-built integrations that remove the need for third-party software development, reducing implementation times and costs for insurers. The system also provides robust scenario planning tools. Insurers, agents, and customers are able to run goal-seeking analyses, adjust premium schedules, and forecast long-term benefits through the platform, with a view to making financial planning more transparent and accessible. Executive perspective "At DXC, we're focused on modernising insurance operations through AI and automation to deliver seamless, intelligent experiences," said Ray August, President of Insurance Software and Business Process Services at DXC. "With Assure Illustrations, we're helping insurers accelerate digital transformation and elevate customer engagement. By simplifying complex processes and enabling smarter, more personalised planning, we're setting a new standard for how the industry connects with policyholders." System compatibility and global reach Assure Illustrations has been designed to be compatible with DXC's suite of life insurance policy administration systems, supporting the company's broader strategy to standardise digital applications across the insurance sector. Its mobile-optimised interface aims to facilitate usage in a variety of environments, from face-to-face advisory meetings to contact centre interactions and self-service online platforms. The rollout comes as DXC states its position as a service provider to 21 of the world's top 25 insurers, claiming ongoing support for over a billion policies processed on its software. The company notes its focus on technological improvements that are intended to reduce complexity and lower operational costs for insurers, with the goal of helping clients adapt to changing regulatory, competitive, and consumer requirements worldwide. The introduction of Assure Illustrations is the latest development in DXC's range of IT and software solutions for the insurance market, continuing its expansion into artificial intelligence applications aimed at transforming established business functions and workflows in the financial services industry.
