LTIMindtree, a digital technology company, launched an ‘AI-Smart Underwriter’ solution developed in collaboration with ServiceNow to boost AI-driven decisions while driving efficiency through intelligent automation.
The AI-Smart Underwriting platform serves as a central hub where underwriters can access and manage all relevant information, assisted by tools and resources to evaluate risks and make informed decisions.
As a Strategic Platform Build Partner, the certified AI-Smart Underwriting solution simplifies insurance underwriting with a single, seamless, and integrated view of risk and automation of processes.
From submission intake to policy binding and renewals, AI-Smart Underwriting, powered by the ServiceNow platform from LTIMindtree, will enable underwriting teams to save efforts on manual tasks and focus on making business critical decisions such as risk selection, eligibility, and pricing.
Nachiket Deshpande, Chief Operating Officer and Whole-time Director of LTIMindtree, said, “We are excited to partner with ServiceNow to help insurance underwriters achieve the elusive profitable growth by providing a single window to the risk, intelligent automation, and data-driven autonomous insights. Our investments in AI-Smart solution are consistent with our strategy of empowering ‘Everyone with AI’ by embedding ‘AI in Everything’ and providing comprehensive platform with ‘Everything in AI’ capabilities.”
“ServiceNow is committed to transforming and simplifying the complex insurance underwriter experience through the power of technology and AI capabilities,” said Erica Volini, Senior Vice President of Global Partnerships at ServiceNow. “By combining LTIMindtree’s digital consulting expertise with our unified AI platform, we are providing a more agile, adaptive, and intelligent underwriting solution for employees and clients that will redefine industry standards,” she added.
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