DXC Technology announced its collaboration with Global Re by leveraging its DXC Assure Reinsurance to help Global Re in its reinsurance business, improve claims administration, maintain accounting accuracy, and reduce operational costs.
“Global Re is honoured to implement DXC Assure Reinsurance, a gem in the realm of software for our reinsurance business. This software, already catering to a discerning clientele, solidifies our unwavering dedication to delivering services of the utmost caliber,” said Andreea Bogdan, CEO of Global Re.
“We eagerly anticipate harnessing the software’s capabilities to propel us to the pinnacle of the industry, consistently exceeding the ever-evolving demands of our esteemed clients and the global reinsurance market,” Bogdan adds.
DXC Assure Reinsurance
With a modular, integrated, cloud-enabled, digital solution, DXC Assure Reinsurance streamlines operations and enhances customer experiences.
It covers the automation of all aspects of a reinsurer’s processing, from acquiring new business to renewal management and accounting, which can save time and reduce operational costs. The automation also provides tracking of activities and reporting of regulatory requirements.
DXC Assure Reinsurance evolves continually to meet evolving customer needs.
Industry transformation
“The reinsurance market which is complex, heavily regulated, and process-driven has faced significant disruption from recent world events and increasing premiums. The transformation of the industry is therefore paramount for the future success of reinsurers,” said Bjornar Evenshaug, global offering manager for Reinsurance, DXC Technology.
DXC’s goal is to ensure Global Re keeps up with the pace of its targeted growth and thrives into the future through technology, by focusing on analytics and process automation,” he adds.