Mumbai, June 17, 2025- Mphasis, (BSE: 526299; NSE: MPHASIS), an Info Expertise (IT) options supplier specializing in cloud and cognitive providers, as we speak introduced a strategic partnership with Sixfold, the US and UK-based AI underwriting firm redefining how insurers assess threat.
As an implementation companion, Mphasis will combine Sixfold’s AI platform to assist insurers speed up their underwriting course of—dashing up submission consumption and equipping underwriters with the contextual threat insights they should make quicker, extra assured choices. Designed for Life & Incapacity, Business P&C & Specialty, and Reinsurance, Sixfold reduces evaluation occasions by greater than half and will increase Gross Written Premium (GWP) per underwriter by enabling smarter, quicker threat choice —with out sacrificing accuracy.
Via this partnership, Mphasis goals to assist streamline underwriting processes, improve operational effectivity and drive clever decision-making utilizing Sixfold’s superior AI options. Already in manufacturing at market-leading carriers, Sixfold’s platform integrates seamlessly into present workflows and rapidly adapts to every insurer’s distinctive threat urge for food—delivering tailor-made suggestions that align with the insurer’s underwriting tips.
“Mphasis is happy to companion with Sixfold to speed up AI adoption within the insurance coverage trade. By leveraging Sixfold’s AI experience together with experience from Mphasis.ai and our insurance coverage know-how capabilities, we’re in a position to ship superior, data-driven automation options for world insurers, driving effectivity, accuracy, and innovation throughout the insurance coverage worth chain,” mentioned Srikumar Ramanathan, Chief Options Officer, Mphasis.
“Sixfold was constructed to unravel actual issues for underwriters—and to make the whole course of higher for brokers and clients,” mentioned Alex Schmelkin, Founder & CEO of Sixfold. “Which means making implementation easy and quick. Mphasis has an amazing monitor document of getting know-how dwell inside real-world insurance coverage workflows. With them, insurers can transfer rapidly, see impression quick, and do all of it with out including further work to their groups. That’s a win for everybody concerned.”
This partnership marks a big step within the evolution of insurance coverage underwriting, permitting insurers to navigate the way forward for threat assessments with higher velocity and accuracy.
About Mphasis
Mphasis’ objective is to be the “Driver in Driverless Automobile” for International Enterprises by making use of next-generation design, structure, and engineering providers, to ship scalable and sustainable software program and know-how options. Buyer centricity is foundational to Mphasis and is mirrored within the Mphasis’Front2Back™ Transformation strategy. Front2Back™ makes use of the exponential energy of cloud and cognitive to supply hyper-personalized (C=X2C2TM=1) digital expertise to purchasers and their finish clients. Mphasis’ Service Transformation strategy helps ‘shrink the core’ via the appliance of digital applied sciences throughout legacy environments inside an enterprise, enabling companies to remain forward in a altering world. Mphasis’ core reference architectures and instruments, velocity and innovation with area experience and specialization, mixed with an built-in sustainability and purpose-led strategy throughout its operations and options are key to constructing sturdy relationships with marquee purchasers. Click on right here to know extra. (BSE: 526299; NSE: MPHASIS)
About Sixfold
Sixfold is a threat evaluation AI resolution constructed solely for insurance coverage underwriters. The platform automates repetitive duties, permitting underwriters to concentrate on strategic threat choices. Using patented AI know-how, Sixfold securely understands and applies every insurer’s distinctive underwriting tips, delivering tailor-made threat insights and proposals. This allows underwriters to provide quicker, extra correct coverage quotes, boosting GWP per underwriter by a minimum of 30% and chopping submission processing time by greater than half.
