ACORD, the global standards-setting body for the insurance industry, announced today that it has signed a provider agreement with DXC Technology (NYSE:DXC) a leading Fortune 500 global technology services company. With deep insurance industry expertise and advanced digital capabilities, DXC helps global companies run their mission-critical systems and operations.
As a Licensed Integrator of ACORD Solutions Group, the industry-owned solution provider extension of ACORD, DXC will implement ACORD’s next-generation digital standards and solutions for customers across the insurance industry in the UK.
DXC will use ADEPT (ACORD Data Exchange Platform & Translator) to support one of its core broking solutions, which serves several major insurance brokers, as well as its next-generation broking solution, DXC Assure for Brokers. They will leverage ADEPT’s integrated ACORD Conductor, a comprehensive message orchestration solution that operationalises the industry-backed ACORD Standards to package, translate, and transmit accounting, claims, and placing data.
“DXC understands the changing dynamics in today’s insurance industry,” said Thomas Sebastian, Insurance Business Head-EMEA, DXC Technology. “Our Enterprise Technology Stack capabilities and decades of insurance industry experience enable our customers to adapt their business models and gain competitive edge. Our collaboration with ACORD will further reinforce our work and innovation to deliver the right technology to support the growth and modernisation of the world’s largest insurance marketplaces.”
“DXC Technology has been instrumental in the effort to modernise and drive the global insurance industry forward,” said Chris Newman, ACORD’s Managing Director – Global. “We are pleased to welcome DXC to ACORD Solutions Group’s Licensed Integrator Partner program and contribute to their ongoing, forward-thinking efforts to drive greater efficiency across the insurance industry.”