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DXC Launches Assure Smart Apps to Accelerate AI-Driven Innovation in the Insurance Industry
Prnewswire· 2025-10-13 04:01
Core Insights - DXC Technology has launched DXC Assure Smart Apps, a suite of AI-powered applications aimed at transforming the insurance industry by enhancing customer engagement and operational efficiency [1][2][3] Group 1: Product Features and Benefits - Assure Smart Apps integrate seamlessly with insurers' core systems using cloud capabilities from Amazon Web Services (AWS) and APIs from the DXC Assure Platform, enabling efficient implementation of AI-driven solutions [2][3] - The applications are designed to address common challenges in the insurance sector, providing features such as self-service capabilities, AI-driven customer support, and intelligent insights for decision-making [7] - The partnership with ServiceNow enhances the workflow technology and AI capabilities of the Assure BPM platform, resulting in an approximate 80% reduction in process design time [4] Group 2: Market Position and Expertise - DXC Technology has over 40 years of industry experience and is a trusted partner for 21 of the top 25 insurers, processing more than 1 billion policies on its software [5] - The modular approach of Assure Smart Apps allows insurers to innovate at their own pace without disrupting existing operations or investments [3]
Health In Tech, AlphaTON Partner to Develop ‘HITChain’ Blockchain Platform for Healthcare Claims on TON
Yahoo Finance· 2025-10-11 13:48
Group 1 - Health In Tech Inc. (NASDAQ:HIT) is recognized as one of the best performing new tech stocks, having signed a non-binding strategic Letter of Intent with AlphaTON Capital Corp. (NASDAQ:ATON) on September 30 [1][2] - The collaboration aims to develop HITChain, a blockchain-enabled healthcare insurance claims processing platform utilizing The Open Network/TON, combining Health In Tech's insurance expertise with AlphaTON's blockchain infrastructure [2][3] - HITChain is designed to tackle inefficiencies, fraud, and lack of transparency in US healthcare claims processing, aiming to reduce administrative costs and enhance trust among stakeholders [3] Group 2 - Health In Tech operates as an insurance technology platform and offers a health intelligence card to streamline medical records and claims management [4] - AlphaTON Capital Corp. is a clinical-stage immune-oncology company focused on pharmaceutical and biotechnology product development [4]
Is the Vanguard Total Stock Market ETF a Millionaire-Maker?
The Motley Fool· 2025-10-07 08:09
Group 1 - The Vanguard Total Stock Market ETF (VTI) is highly diversified, tracking the CRSP U.S. Total Market Index, which includes 3,508 companies listed on American stock exchanges [1][3] - The ETF's top three holdings are Nvidia, Microsoft, and Apple, which together have a combined market value of $12.2 trillion, representing 18.1% of the fund [3][4] - The ETF has delivered a compound annual return of 9.2% since its inception in 2001, with a recent acceleration to 14.6% over the last 10 years, largely driven by tech companies in cloud computing, enterprise software, and AI [7][8] Group 2 - The Vanguard ETF provides exposure to the AI industry but does not rely on its success as heavily as more concentrated index funds like the Nasdaq-100, which has a higher weighting in hypergrowth stocks [5][6] - The ETF's performance may be less volatile, appealing to risk-averse investors, but it has resulted in lower returns during the recent AI boom [5][6] - The ETF could potentially turn a $50,000 investment into $1 million in 22 to 34 years, depending on the annual return rate [8][9] Group 3 - The Vanguard ETF includes smaller companies that may represent emerging growth stories, which are not available in more concentrated indexes [7][10] - Companies like Upstart Holdings, Lemonade, Sprouts Farmers Market, Tenable, and SoundHound AI are examples of growth stories found within the Vanguard ETF [10]
DXC Launches Assure Broking Essentials: AI-Powered SaaS for Small and Mid-Sized Insurance Brokers
Prnewswire· 2025-10-07 04:01
Core Insights - DXC Technology has launched Assure Broking Essentials, an AI-powered multi-tenant SaaS solution aimed at enhancing operations for small and mid-sized insurance brokers [1][2] - The solution addresses challenges in the insurance industry, including the need for digitization, compliance with regulatory requirements, and meeting customer expectations [1][2] - Assure Broking Essentials integrates with partners like ServiceNow and AWS to provide a secure, scalable platform that improves productivity and customer service [2][3] Industry Context - The insurance industry is facing pressures from legacy technology, skills shortages, and outdated processes, necessitating modern solutions [2] - DXC's solution is designed to replace legacy processes with an AI-first operating model, facilitating fast onboarding and integration [1][2] - The platform adheres to evolving regulatory frameworks, including ACORD GRLC standards, ensuring compliance and security [1][2] Company Positioning - DXC Technology has over 40 years of experience in the insurance sector and processes over 50% of transactions in the London insurance market [4] - The company aims to modernize the global insurance ecosystem and expand its portfolio to support brokers of all sizes [3][4] - DXC continues to innovate in core insurance systems, managing over one billion policies processed on its software [4]
DXC Launches APEX Partnership Program to Connect Insurers with Certified InsurTech Providers
Prnewswire· 2025-10-07 04:01
Core Insights - DXC Technology has launched the DXC APEX Program, aimed at simplifying integration and accelerating innovation within the insurance value chain [1][4] - The program addresses the challenge of fragmented and costly integration with third-party solutions, enabling faster adoption of new capabilities for (re)insurers and brokers [2][4] - The DXC Assure Platform serves as a cloud-based service that supports both legacy and next-generation systems, facilitating seamless integration and operational efficiency [3][4] Industry Impact - The DXC APEX Program is designed to help insurance providers modernize their operations and adopt emerging technologies more rapidly [4] - InsurTech providers have joined the program, which allows DXC customers to streamline workflows and reduce costs, driving sustainable growth [4][6] - DXC Technology is a trusted partner for 21 of the top 25 insurers globally, processing over 1 billion policies on its software [4]
Huize Holding Limited Announces Resignation of an Independent Director
Globenewswire· 2025-10-02 09:00
Core Viewpoint - Huize Holding Limited announced the resignation of Mr. Aaron Xiaolei Hou as an independent director, effective September 30, 2025, due to personal reasons, with no disagreements reported with the company [1][2]. Company Overview - Huize Holding Limited is a leading insurance technology platform in Asia, connecting consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions [2]. - The company targets mass affluent consumers and aims to meet their lifelong insurance needs through an integrated online-to-offline insurance ecosystem [2]. - Huize offers a wide range of insurance products and services, enhancing the insurance service chain with proprietary technology-enabled solutions for consultation, user engagement, marketing, risk management, and claims service [2]. Management Changes - Mr. Cunjun Ma has been appointed as the chairperson of the nominating and corporate governance committee, succeeding Mr. Hou [1]. - The company expressed gratitude for Mr. Hou's contributions during his tenure, highlighting his experience and insights as instrumental for corporate governance and strategic development [2].
Verisk Names Saurabh Khemka President of Underwriting Solutions
Globenewswire· 2025-09-30 12:30
Core Insights - Verisk has appointed Saurabh Khemka as president of Underwriting Solutions, effective immediately, succeeding Doug Caccese who will transition to a strategic advisor role before leaving the company in January 2026 [1][3][4] - Khemka has over 12 years of experience at Verisk, previously serving as co-president of Underwriting Solutions and has been instrumental in initiatives aimed at modernizing core insurance services [2][4] - The leadership change is expected to enhance Verisk's partnerships with global underwriting clients, focusing on digitalization and automation of underwriting processes [2][3] Leadership Transition - Doug Caccese has been a key figure in Verisk's Underwriting Solutions business for nearly 11 years and will assist in the transition until his departure [3][4] - Caccese's contributions have been recognized as integral to the growth of the Underwriting Solutions business, and he has held various leadership roles during his tenure [4] Company Overview - Verisk is a leading strategic data analytics and technology partner for the global insurance industry, focusing on improving operational efficiency, underwriting, claims outcomes, and risk management [4] - The company operates in over 20 countries and is recognized for fostering an inclusive workplace culture [4]
Verisk Introduces New AI Tools to Streamline the Property Claims Experience
Globenewswire· 2025-09-30 12:15
Core Insights - Verisk has launched XactAI, an AI-powered suite designed to enhance efficiency, consistency, and speed in claims handling within the insurance industry [1][2] Product Features - XactAI automates processes such as summarizing complex data and organizing documentation, supporting insurance professionals, adjusters, and contractors throughout the claims lifecycle [2] - Key features include Note Summarization, Automatic Photo Labeling, Transcription Summary, and AI-Driven Additional Living Expenses (ALE) Receipt Categorization [7] - All outputs from XactAI are subject to human oversight, allowing stakeholders to confirm, edit, or override AI-generated content [3] Infrastructure and Security - XactAI is built on secure, cloud-native infrastructure with enterprise-grade security protocols and industry-specific safeguards [4] - The product ensures compliance with privacy and security standards, supporting audit trails and documentation standards [4] Company Overview - Verisk is a leading data analytics and technology provider for the global insurance industry, focusing on improving operational efficiency and claims outcomes [6]
Marcus Ryu, Co-Founder and Former CEO of Guidewire Software, Named General Partner at Battery Ventures
Businesswire· 2025-09-29 10:00
Core Insights - Battery Ventures has appointed Marcus Ryu as a general partner, highlighting the firm's commitment to leveraging experienced technology leaders in its investment strategy [1] - Ryu co-founded Guidewire Software in 2001, which has grown to achieve annual revenues exceeding $1.2 billion and a market capitalization of nearly $20 billion as of this month [1] Company Overview - Guidewire Software, co-founded by Marcus Ryu, is a leader in insurance technology and has been instrumental in transforming the industry [1] - The company went public in 2012 and Ryu served as CEO until 2019, indicating a strong leadership track record [1] Investment Focus - Since joining Battery Ventures in 2022, Ryu has focused on identifying and nurturing technology-driven investment opportunities [1]
Exzeo Group(XZO) - Prospectus
2025-09-25 13:01
Table of Contents As filed with the Securities and Exchange Commission on September 25, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Exzeo Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Florida 6331 85-2578837 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 1000 ...