Philippines life insurer Allianz PNB Life has carried out DXC Know-how’s cloud-based answer to difficulty insurance coverage insurance policies in as little as 5 minutes.
The Guarantee Integral answer from DXC additionally permits the life insurer to expedite the launch of recent insurance coverage merchandise to market by 30%.
DXC engineers built-in 12 completely different programs at Allianz PNB Life inside a six-month interval, serving to to remodel the insurer’s operations with a safe, cloud-based answer.
The software program is constructed on DXC Guarantee Cloud, powered by Amazon Internet Providers (AWS), and is designed to expedite the introduction of recent merchandise and to difficulty insurance policies quickly.
DXC’s Guarantee platform provides a framework that features knowledge administration and safety measures, aligning with the requirements of Allianz.
Allianz Asia-Pacific regional chief working officer Teh Kim Leng mentioned: “This six-month mission set an inner file at Allianz PNB Life for a core system implementation that was each on time and on finances.
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“We’re already experiencing elevated service ranges and prospects are receiving coverage contracts inside minutes, as a substitute of days. Whereas velocity is essential, we’re additionally dedicated to making sure our prospects’ knowledge is secure and safe, and DXC is our trusted associate in doing simply that.”
Allianz PNB Life, a subsidiary of the worldwide Allianz Group, offers variable life merchandise and life safety providers.
DXC Know-how has multiple billion insurance policies on its platform, and 10% of the world’s premiums are processed on its programs. The corporate at present serves 21 out of 25 of the world’s main insurance coverage corporations.