LTIMindtree has launched the ‘AI-Smart Underwriter’ solution, developed in collaboration with ServiceNow to help underwriters make more informed, data and AI-driven decisions, while improving efficiency through intelligent automation.
LTIMindtree’s AI-Smart Underwriting solution simplifies the insurance underwriting process. It provides a seamless, integrated view of risk and automates tasks from submission intake to policy binding and renewals. The platform will enable underwriting teams to reduce manual tasks and focus on key decisions such as risk selection, eligibility, and pricing.
“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,” said Nachiket Deshpande, Chief Operating Officer LTIMindtree. “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,” he added.
Erica Volini, Senior Vice President of Global Partnerships at ServiceNow, commented, “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.”
The AI-Smart Underwriting platform serves as a central hub where underwriters can access all necessary information and tools to evaluate risks and make informed decisions. This solution, now available in the ServiceNow Store, aims to revolutionise traditional underwriting by automating tasks and enhancing efficiency with AI and digital tools.
