By Leandra Monteiro
- Amazon Web Services
- Digital Lending
Intellect Design Arena (Intellect), a cloud-native, API-led microservices-based, multi-product FinTech company for the world’s leading financial and insurance institutions, announced a collaboration with Amazon Web Services (AWS) which will accelerate Intellect’s Go-To-Market strategy around co-build, co-market, and co-sell for IntellectAI, the insurance and wealth line of business, with Artificial Intelligence products designed for commercial underwriting, wealth and capital markets.
With this collaboration, Intellect will work closely with AWS to bring AWS’s innovation and emerging technology directly to their customers. This will entail comprehensive and dedicated support from AWS across technology and strategy as well as an increased level of collaboration between the sales teams of both organizations. These joint go-to-market initiatives will help commercial insurers, Managing General Agents (MGAs), and brokers streamline and automate their underwriting.
With IntellectAI’s end-to-end underwriting platform, Intellect Xponent, an AWS Financial Services Competency partner on the AWS Partner Network (APN), this collaboration will enable IntellectAI to now offer the latest access, innovation and collaboration to its customers.
“Amazon Web Service’s ecosystem of partners as well as comprehensive and broadly available cloud platform will allow us to offer so much more in terms of capabilities, strategy and technology to our customers who use our underwriting suite of products,” said Sandeep Haridas, Chief Strategy Officer, IntellectAI.
Haridas continued, “With the new collaboration, Intellect and AWS will work jointly and provide commercial carriers with new ways to improve efficiency, automation and realize greater ROI in their technology initiatives. It is our aim to continually build new capabilities with AWS’s support to empower our customers to navigate ever-changing market demands and the evolution of technology to help them work smarter.”
IBSi Daily News Analysis
February 08, 2023
Amazon Web Services