KWI Life Insurance in Thailand signed a five-year contract with DXC Technology to implement DXC Assure for Life and Wealth, an integrated software solution.
DXC Assure for Life and Wealth on AWS cloud will help KWI leverage the DSC ASSURE Digital Platform with full capability in delivering digital services and solutions to attract, retain and provide customers with a consistent digital experience as well as strengthen the company’s initiative to become the digital financial and insurance solution provider of choice for Thais.
Antonio Hang Tat Chan, vice chairman and CEO of KWI, said the new platform provides a distinctive and compelling digital customer experience, and the agility to scale services quickly as required.
“Our collaboration with DXC and AWS will allow us to broaden our portfolio of digital solutions to meet our clients’ specific needs, including receiving information at a touch of a button and personalised policies,” said Chan.
Apichart Arunkunarax, managing director and country general manager of DXC Technology, said they bring industry expertise, software and modernisation services together with their ecosystem of partners to provide solutions that enable each insurer’s digital transformation objectives.
KWI is the first DXC Assure for Life and Wealth customer on AWS cloud in Southeast Asia, and a cornerstone in DXC’s growth strategy. This combined capability presents an opportunity to do similar migrations to AWS cloud, creating a unique differentiator for DXC.
“This paves the way for AWS and DXC to further accelerate cloud-enabled transformations for insurers in ASEAN,” said Conor McNamara, managing director of ASEAN at AWS.
Pete Murray, head of FSI at AWS ASEAN, said today’s insurance companies are leveraging AWS Cloud to launch new digital customer experiences and create personalised insurance products, while nimbly responding to regulatory changes.
“With the scalability, security, and breadth and depth of AWS services, King Wai Life, will be able to improve customer experiences in an agile manner while remain cost efficient,” said Murray.