Business Daily Media

DXC Technology Continues to Drive Innovation in the Insurance Industry

  • Written by Media Release


DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, today announced the launch of a virtual edition of the DXC Invitational event in Australia, expanding upon the annual global competition aimed at bringing the latest innovations to the insurance industry.

 

With the competition now in its third year, DXC continues to support the insurtech ecosystem and to bridge new companies and those already established in the industry. Since the competition was launched, DXC has collaborated with several Australian insurtech firms, including Mapcite, GUROOS, Daisee, Springday, 1WordFlow and Perx Health. DXC has been able to offer these organisations the opportunity to work with its teams globally and access new opportunities and markets.

 

“This is a challenging time, which allows us to identify and utilise new technologies in Australia that can assist people and insurers faced with unprecedented circumstances,” said Dr Michael Neary, general manager, Insurance, DXC Australia and New Zealand. “Insurtech firms who have a technology that improves mental health and wellbeing, enriches the industry, challenges the status quo or improves the experience for insurance consumers should be participating in DXC Invitational.”

The DXC Invitational competition is open to scale-ups, new companies with existing and market-ready products or solutions relevant to the insurance industry. In particular, DXC is keen to discover solutions that improve customer experience, increase efficiency and support compliance across the distribution value chain and life cycle of a policy, including prevention and claims management. While not a pre-requisite, DXC is also seeking solutions that can integrate with its digital insurance platform.

 

“It is impressive to see DXC's contribution to supporting insurtech innovation,” said Insurtech Australia CEO Rita Yates. “DXC launched its Invitational competition in Australia in 2018, and now in 2020, it is encouraging to see that the competition has become global. DXC Invitational is a great opportunity for the insurtech community to engage with large enterprise and fosters opportunities between the two. This initiative demonstrates that DXC is committed to supporting both the insurance industry and insurtech community, to hopefully help change the way in which customers are serviced and the landscape of insurance into the future.”

 

According to Neary, insurtech brings fresh thinking and new approaches to the market. “DXC will continue to drive this innovation to enrich the insurance industry,” he said. “DXC Invitational provides a perfect platform to identify startups with market-ready innovative solutions that can be integrated with DXC’s offerings or used directly by our clients.”

 

Startups and scale-ups can find details about the DXC Invitational and apply online.

 

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernising IT, optimising data architectures, and ensuring security and scalability across public, private and hybrid clouds. With decades of driving innovation, the world’s largest companies trust DXC to deploy our enterprise technology stack to deliver new levels of performance, competitiveness, and customer experiences. Learn more about the DXC story and our focus on people, customers and operational execution at www.dxc.technology.

Why You Should Choose NetSuite to Improve Business Performance

Businesses that are serious about eliminating wasted time, money, and maximizing their ROI understand the value of streamlining their critical bus...

Business Training

Living in Central Coast NSW: Pros and Cons

Central Coast NSW is one of the most beautiful regions in Australia, with stunning beaches, national parks, and a laid-back lifestyle. However, li...

Property

Sydney’s Priciest House Sales Revealed

As property prices start to cool off you might read the doom and gloom news and hesitate on your property sale. While property movements and pric...

Property

5 Stages of Construction That Will Transform Your Vacant Land into a New Home

If you're thinking about building a home or want to learn more about the process, there are several stages of construction that you should be awar...

Property

Understanding MBA Admissions Consulting

Pursuing a Master of Business Administration (MBA) degree is a significant decision that requires careful planning and preparation. As the competi...

Business Training

Top 6 Factors That Influence Land Valuation

Valuation of and is done to determine its value based on various factors. The valuation is carried out using sales, income, cost, and market data...

Property