DXC Technology, a global technology services provider, has signed a five-year contract with KWI Life Insurance Public Company Limited (KWI) in Thailand to implement an integrated software solution with DXC Assure for Life and Wealth.
DXC Assure for Life and Wealth on the AWS Cloud will help KWI leverage the DXC ASSURE digital platform with full capability to deliver 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 solutions provider of choice for Thais.
“KWI aims to provide solutions that meet the specific needs of our customers. This new platform provides a distinctive and compelling digital customer experience, as well as the flexibility to scale services quickly as needed. Our collaboration with DXC and AWS will allow us to expand our portfolio of digital solutions to meet the specific needs of our customers, including receiving information at the push of a button and personalized policies,” said Antonio Hang. Tat Chan, Vice President and CEO of KWI Public Company explained.
He added, “The company and its team will commit and continue to offer their current products and plan to expand their competitive solutions in the future. We tactically intend to be recognized as a trustworthy company by streamlining our operations to achieve sustainable growth.
As part of the King Wai Group, a Hong Kong conglomerate with a corporate history of over 35 years, KWI recently acquired Manulife Thailand and developed business synergies in life insurance, general insurance, asset management and real estate development in Thailand.
“We are committed to unlocking innovation opportunities for KWI Life Insurance while reducing costs over time and we look forward to supporting KWI in its expansion plans in Thailand.
DXC brings together industry expertise, software and modernization services with our ecosystem of partners to deliver solutions that help achieve each insurer’s digital transformation goals,” added Apichart Arunkunarax, Managing Director and Country Managing Director from DXC Technology. KWI is the first DXC Assure for Life and Wealth customer on the AWS Cloud in Southeast Asia, and a cornerstone of DXC’s growth strategy. This combined capability provides the ability to perform similar migrations to the AWS cloud, creating a unique differentiator for DXC.
“This paves the way for AWS and DXC to further accelerate cloud-based transformations for ASEAN insurers. As one of Southeast Asia’s cloud implementers, DXC is a trusted advisor to leading ASEAN businesses and organizations and we are delighted to support DXC as they help our mutual customers digitally transform into cloud-native businesses,” added Conor McNamara, Managing Director, AWS ASEAN. .
“Insurance companies today are leveraging the AWS Cloud to launch new digital customer experiences and create personalized insurance products, while responding with agility to regulatory changes. With the scalability, security, breadth and depth of AWS services, King Wai Life will be able to improve customer experience in an agile way while remaining cost effective,” said Pete Murray, FSI , head of AWS ASEAN.
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