DXC Assure Policy (Life & Wealth, EMEA)
Key Features
The system comes pre-populated with product templates for all major product types. It provides full life-cycle end-to-end process support for all necessary insurance business processes from enquiry and quotation through new business, adjustments, renewals and claims.
Key Benefits
Client Intimacy: DXC Assure Policy provides a fully client-centric view of all client activities across the whole system.
Innovation and Time to Market: DXC Assure Policy enables the business to directly manage changes and updates to its product set by using a rich set of ‘point and click’ tools. Product workbench tools allow insurers to manipulate product rules, rating factors, formulae, processes, authorisations, etc. The result: agile new product launches and product updates, enabling insurers to truly innovate to meet evolving market and channel needs.
Distribution: DXC Assure Policy products and processes can be shared or individually adapted to different channels, partners, companies, etc, without having to re-implement them separately in each case. This enables insurers to quickly and flexibly adapt to different channel and market characteristics – including ‘white labelling’ – and create revenue from new channel business opportunities much more swiftly.
Productivity: Consistent navigation and usability (“look and feel”) throughout the system, ensures user efficiency. DXC Assure Policy’s work management facilities enable processes to be finely tailored. In operation, the organisation, distribution and monitoring of all business activity ensures optimal management of work. User workloads and peaks in activity are easily managed, and processes can be adapted as business changes, ensuring consistent operational performance.
Globalisation: A system built from the ground up to be multi-currency, multi-language, multi-company, and multi-jurisdiction, means insurers can extend the reach of their business into many markets without having to replace or acquire systems. DXC Assure Policy can be flexibly integrated with other systems to extend and enhance an insurer’s business.
Profitability: Total cost of ownership and low operational overheads are critical – as is the ease of making changes and adaptations as business circumstances change. DXC Assure Policy provides all of these, helping insurers manage their businesses profitably.