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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Leverage our diverse team and streamlined processes, along with an advanced digital technology framework, to deliver comprehensive insurance services that encompass everything from acquiring new business to processing claims. Many insurance providers encounter hefty expenses when it comes to managing outdated systems. Conversely, they also face the necessity to quickly introduce new offerings, swiftly penetrate emerging markets, mitigate compliance risks, and adapt to the evolving expectations of their customers. Our insurance business process solutions address these challenges at both ends of the spectrum. We offer economical alternatives for processing closed blocks, specifically those operating on costly legacy platforms. Additionally, we assist insurers in accessing new markets more rapidly and enhancing the effectiveness of innovative distribution channels, particularly digital ones. No matter what your objectives may be, DXC possesses the knowledge and experience to bolster your company's growth strategies and enable you to attain unprecedented levels of efficiency while staying competitive. Ultimately, our tailored solutions are designed to empower insurers to thrive in a rapidly changing industry landscape.

Description

Cut distribution expenses by as much as five times while tapping into previously overlooked markets by collaborating with Democrance to provide micro, retail, and commercial insurance products across all sectors, including property and casualty, life, and health. Insurers can envision rolling out new offerings in a matter of weeks rather than months, all while automating manual tasks to effortlessly connect with new customer demographics. Democrance equips you with a unified platform for managing all your insurance products, optimizing your operations, reducing average distribution costs by fivefold, and potentially increasing annual sales by approximately 28%, thus paving the way for innovative offerings in every line of business. Experience the launch of digital insurance solutions within just 2-6 weeks, ensuring minimal disruption to your current systems. The omnichannel capabilities of Democrance facilitate access to new market segments, support intermediaries, and allow exploration of options such as embedded and micro-insurance. Additionally, streamline your policy administration processes and significantly lower distribution costs from 20-30% down to just 5% of gross written premium, enhancing your overall efficiency and profitability. This transformation not only benefits your organization but also improves customer satisfaction by providing more accessible insurance solutions.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

ABBYY Business Card Reader Yes 
Amazon Web Services (AWS) Yes 
IBM Cloud Yes 
SS&C Blue Prism Yes 
ServiceNow Yes 

Integrations

ABBYY Business Card Reader No 
Amazon Web Services (AWS) No 
IBM Cloud No 
SS&C Blue Prism No 
ServiceNow No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

DXC

Country

United States

Website

dxc.com/us/en/services/insurance-bpaas-and-bpo/dxc-insurance-bpaas

Vendor Details

Company Name

Democrance

Country

United Arab Emirates

Website

www.democrance.com

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