Introducing DXC Assure Risk Management: AI-Powered Claims Solution for Self-Insured Organizations
Rhea-AI Summary
DXC Technology (NYSE: DXC) has launched DXC Assure Risk Management, an AI-powered claims solution designed specifically for self-insured organizations. The platform combines artificial intelligence with human expertise to help organizations manage employee care, control healthcare costs, and improve return-to-work outcomes.
The solution features three key components: AI-enabled processes for intelligent automation, specialized human expertise supporting the full claims lifecycle, and SaaS technology with generative AI capabilities. As a leading provider of core insurance systems, DXC processes over 1 billion policies on its software and serves 21 of the top 25 insurers.
Positive
- Integration of AI technology with human expertise for improved claims management
- Comprehensive platform offering end-to-end claims and risk management solutions
- Strong market position with 21 of top 25 insurers as clients
- Extensive experience with over 1 billion policies processed on DXC software
Negative
- None.
News Market Reaction
On the day this news was published, DXC declined 0.49%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Self-insured organizations use their own funds to cover employee insurance claims instead of purchasing traditional insurance. As a result, they often face a distinct set of challenges: delivering effective employee care, navigating complex and time-consuming regulations, managing escalating healthcare costs, and improving return-to-work outcomes.
Available globally today, DXC Assure Risk Management offers a comprehensive, flexible platform that helps address these challenges with:
- AI-enabled processes: Intelligent automation of claims workflows, operational risk mitigation, and integrated health and safety management tools.
- Human expertise at the core: A specialized team with deep insurance knowledge supporting the full claims lifecycle, including sentiment analysis and proactive claims prevention.
- SaaS Technology: A modern, end-to-end, persona-driven claims and risk management system with document automation, real-time dashboards, and generative AI capabilities embedded throughout the process to help improve outcomes.
"We are proud to introduce DXC Assure Risk Management, an innovative solution that combines expert people, AI workflows, and technology to help self-insured employers manage the full claims lifecycle, from care to cost, for their injured employees," said Ray August, President, Insurance Software and BPS at DXC Technology. "This reflects DXC's ongoing commitment to innovation, delivering real value to our customers and transforming the future of insurance."
"While cost savings are possible from self-managing claims, self-insured organizations require the same efficient management processes as full stack insurers to protect against leakage and ensure successful returns to work," says Nathan Golia, senior analyst for Celent. "Risk management operations can realize benefits by leveraging AI to drive efficiencies and using care experts who can help employees return to work sooner."
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.
For more information on DXC Assure Risk Management, visit our website.
About DXC Technology
DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We're a trusted operating partner to many of the world's most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.
View original content:https://www.prnewswire.com/news-releases/introducing-dxc-assure-risk-management-ai-powered-claims-solution-for-self-insured-organizations-302515077.html
SOURCE DXC Technology Company
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