OWIT Global’s Insurance Data Management Solution for Bordereaux and Data Transactions Continues to be Accelerated by AI

OWIT's fully functional insurance transaction processing solution utilizes client use cases to drive AI-powered acceleration of data onboarding & transformation

WEST HARTFORD, CT, UNITED STATES, May 12, 2026 /EINPresswire.com/ -- OWIT Global (OWIT), the leader in cloud-based insurance-specific microservices architected solutions to digitalize the global insurance industry, is pleased to announce additional advancements in AI capabilities to further its leading industry solution, Insurance Data Management (IDM), which supports bordereaux management, data migration, and other data integrity needs.

Today, OWIT’s IDM solution processes millions of insurance-specific transactions, including policy, claims, and cash, with built-in intelligence to reconcile and accurately apply them across the insurance lifecycle. OWIT applies AI to accelerate and ease the onboarding and exporting of distributed data.

“There is a lot of buzz around generative AI for insurance solutions,” said Wendy Aarons-Corman, chief executive officer of OWIT Global. “We are confident that we have a successful approach to our solution with the IP content to achieve data integrity, especially with bordereaux. The OWIT team continues to be deliberate in ensuring our solutions remain rich in knowledge while we apply AI capabilities to it. This has proven to be the best approach.”

Julian James, chief revenue officer and president of EMEA/AsiaPac, commented, “We have successfully delivered multiple AI-driven use cases, highly focused on our application as the backbone, with clients already realizing immediate value. Because our solution supports insurance-specific transactions, combining AI creates additional reductions in operational costs and improves productivity by automating repetitive tasks and enhancing decision-making processes.”

OWIT’s IDM Solution can offer significant cost savings over the traditional model, in which Carriers, Reinsurers, Brokers, MGAs, MGUs, TPAs, and other partners separately attempt to address their respective challenges of bordereaux processing and other processing , such as data acquisitions and SOVs. The configuration and onboarding of each data stream is via a no-code platform. Business analysts use this tool to configure and manage the data streams. The combination of the platform and the tool dramatically improves the quality and efficiency of processing business.

OWIT’s IDM Solution is available as a shared SaaS model, dedicated SaaS model, or as a customer-hosted option.

To learn more about OWIT Global’s IDM Solution offering, CLICK HERE. Or check out our website at www.owitglobal.com to see what the Insurance Data Management platform can help solve.

About OWIT GLOBAL
OWIT Global (OWIT) is an insurance technology company specializing in solutions built on a unique suite of reusable insurance-specific microservices, optimized for cloud deployment.

OWIT’s Insurance Workbench is a unique approach to solving the industry’s challenges to digitalize their business by combining data interchange and integrity with streamlined operational processes.

The Insurance Workbench (Distributed Data) solution includes full life cycle contact management to support Program and Reinsurance arrangements, including file-based Bordereaux and direct source-to-target data interchange. The Insurance Workbench (Underwriting Workbench) solutions support the extension of legacy environments through Business-to-Business/Consumer Portals, User and Point-of-Sale Portals, Rating, and Document-lite Generation.

OWIT’s clients can leverage each solution as required, aligning with the delivery of immediate business benefits while achieving a longer-term strategic vision. Clients can deploy OWIT’s solutions as standalone or integrate them with their own and their partners’ ecosystems. To see the power and flexibility of the OWIT Insurance Workbench, visit the Insurance Workbench Solutions page. For more information about OWIT Global, please visit www.OWITGlobal.com.

Gilda Migliore
OWIT Global
+1 833-438-6948
gilda@owitglobal.com

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