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U.S. Carrier Expands OWIT Global’s Insurance Workbench for MGA/TPA Bordereaux Ingestion & Transformation

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U.S. Carrier Expands OWIT Global’s Insurance Workbench for MGA/TPA Bordereaux Ingestion & Transformation

OWIT Global (OWIT), the leader in cloud-based insurance-specific microservices architected solutions to digitalize the P&C and A&H global insurance industry, is pleased to announce that another large-tier carrier is expanding its use of OWIT’s Insurance Workbench for Bordereaux and Data Management across its enterprise. The Insurance Workbench’s Data Integrity and Interchange solutions streamline the consumption, cleansing, and normalization of disparate data and the MGA/TPA onboarding process.

When OWIT Global was initially evaluated, this large-tier carrier’s business goal was to expand its program business while streamlining onboarding and data processing. OWIT was chosen over all other industry options because of its insurance-specific processing for premium, cash, and claims, and a precise artificial intelligence (AI) roadmap based on functioning use cases. Building on the success achieved with OWIT, the carrier is expanding its use of OWIT’s no-code environment to manage its onboarding and processing in other business units across its enterprise.

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“With the rapid growth of the program business market, OWIT continues to be a great option. OWIT is now advancing its platform to the next generation of bordereaux and data management to provide insurers with a dedicated Service Portal. This advancement will enable capacity providers to shift the onboarding, validation, processing, and correction of data files to their distribution,” said Wendy Aarons-Corman, CEO.



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