DvSum, a company specialising in data intelligence solutions, has joined Guidewire’s Insurtech Vanguards programme.
This programme is designed to foster innovation by connecting insurers with insurtech solutions that enhance operational efficiency and deliver customer-centric outcomes.
The Insurtech Vanguards community is a group of startups and technology providers to advance the P&C insurance sector.
DvSum’s AI agents can analyse claims from first notice of loss (FNOL) and close them without human intervention.
This automation streamlines the claims handling process, improving customer satisfaction.
For more complex autonomously cases, such as workers’ compensation claims, DvSum’s AI aids claim adjusters and nurse practitioners by processing intricate medical records and creating compliant return-to-work plans.
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By GlobalDataDvSum’s platform said to enhance policy transaction validation and certification, crucial for financial and regulatory reporting.
Guidewire chief evangelist Laura Drabik said: “DvSum is stepping into a critical space for insurers by addressing a longstanding gap in data management and operational efficiency. With their advanced data intelligence capabilities, DvSum enables insurers to handle complex data and compliance requirements with greater speed and accuracy. This kind of innovation directly supports the evolving needs of the insurance industry and brings valuable new tools to our community.”
DvSum CEO Aashish Singhvi stated: “We are excited to be part of the Insurtech Vanguards community at Guidewire. Being part of the program will enable us to bring our P&C industry-focused data and AI technology to Guidewire customers, delivering impressive operational efficiency gains and revolutionising the member experience.”
Earlier this month, Shelter Insurance selected Guidewire InsuranceSuite to modernise its core operations.