KWI Life Insurance Signs with DXC Technology

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DXC Technology has announced it has signed a five year contract with KWI Life Insurance Public Company Limited (KWI) in Thailand to implement DXC Assure for Life and Wealth, an integrated software solution.

“KWI aims to bring solutions that serve the specific needs of our clients. This 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. The company and team will commit and continue to offer its current products, and plan to expand its competitive solutions in the future. We tactically intend to be recognised as a trustworthy and innovative company by streamlining our operations to achieve sustainable growth,” said Mr Antonio Hang Tat Chan, Vice Chairman and CEO of KWI Public Company Limited.

As part of the King Wai Group, KWI recently acquired Manulife Thailand and has developed business synergies in life insurance, general insurance, asset management and real estate development in Thailand.

“We are committed to unlocking opportunities for innovation for KWI Life Insurance, while reducing costs over time, and look forward to supporting KWI with their expansion plans in Thailand,” said Apichart Arunkunarax, Managing Director and Country General Manager, DXC Technology. “DXC brings industry expertise, software and modernisation services together with our ecosystem of partners to provide solutions that enable each insurer’s digital transformation objectives.”

“This paves the way for AWS and DXC to further accelerate cloud-enabled transformations for insurers in ASEAN,” added Conor McNamara, managing director of ASEAN at AWS. “As one of Southeast Asia’s earliest and most progressive cloud implementors, DXC is a trusted advisor to leading enterprises and organisations in ASEAN and we are delighted to support DXC as they help our joint customers digitally transform into cloud-native businesses.”

“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,” said Pete Murray, Head of FSI, AWS ASEAN. “We are excited to work with DXC to help insurance customers in Southeast Asia, such as King Wai Life to unlock the power of cloud and transform their business. 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.”

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