GUARANT announces selection of DXC Technology as reinsurance software provider, implementing SICS and DXC Assure Reinsurance platforms to advance operational capabilities and technology infrastructure for reinsurance management.
-- The recently announced arrangement will enable GUARANT to use established enterprise platforms that support the complete reinsurance management lifecycle, from policy administration to claims processing. By aligning with a recognized technology partner, GUARANT reinforces its commitment to investing in solutions that deliver efficient reinsurance services while fostering industry partnerships.
More details can be found at https://www.guarantre.com/
“DXC has over 120 reinsurance customers globally, with more than 25 reinsurance customers located within the Middle East and Africa region. With its significant presence in Africa, and a large portion of the reinsurance market relying on DXC Assure Reinsurance, DXC is well positioned to partner with GUARANT to support its aggressive growth priorities,” said Abdel Boulmakoul, MEA General Manager, Insurance, DXC Technology.
As per the recent announcement, GUARANT will use DXC's key reinsurance administration platforms, including SICS and DXC Assure Reinsurance, which together offer functionality for streamlining operations and reducing costs. SICS, an end-to-end administration system deployed by more than 100 insurance and reinsurance companies worldwide, provides capabilities for managing complex reinsurance workflows. DXC Assure Reinsurance complements this foundation as a modular, integrated, cloud-enabled solution designed to improve claims administration and operational efficiency throughout the reinsurance management lifecycle.
Independent validation of these platforms strengthens the strategic rationale behind GUARANT's selection. Celent, a research firm specializing in financial services technology, ranked DXC Assure Cede as a 'Luminary' in its report on reinsurance administration, recognizing the platform's technology architecture and breadth of functionality. This third-party recognition provides reinsurance industry professionals with objective evidence of the platform's capabilities and positions the arrangement as an investment in established technology.
GUARANT's decision to partner with DXC Technology reflects the company's proactive approach to meeting evolving market demands through strategic technology investments. As reinsurance operations grow increasingly complex and regulatory requirements continue to expand, the ability to use scalable, cloud-enabled platforms becomes necessary for maintaining a competitive advantage. With this partnership, GUARANT continues to demonstrate a commitment to technological innovation as a foundation for concrete operational improvements, positioning the company to deliver quality service and operational responsiveness to its clients and partners.
Reinsurance professionals seeking additional information about GUARANT's technology initiatives and partnership details can visit https://www.guarantre.com
Contact Info:
Name: Paul Buckendahl
Email: Send Email
Organization: GUARANT
Address: 2nd Floor Tower B Sanlam Towers Building KN 67 Street, Kigali, Kigali City P.O Box 6381, Rwanda
Website: https://www.guarantre.com
Source: NewsNetwork
Release ID: 89183787
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