Through this expanded partnership, AXIS will be able to better serve its customers across its markets and expedite important processes, especially submission clearance.

AXIS is active in a number of foreign markets, including as Canada, Bermuda, the United States, Europe, and Singapore.

The business will dramatically lower the requirement for manual interventions by automating and expediting the administration of incoming submissions using mea's GenAI-powered platform.

AXIS had already processed new business submissions using mea's AI technology; this larger relationship seeks to bring significant operational gains.

This partnership demonstrates AXIS's dedication to digital transformation and enhancing service effectiveness for its clientele around the globe.

AXIS's long-term plan to provide quicker, more accurate services is expected to heavily rely on mea's AI-driven solutions as the two firms' collaboration grows.

"We are excited to renew and significantly expand our collaboration with AXIS," stated mea platform CEO Martin Henley. Our shared commitment to implementing cutting-edge technological solutions that provide long-term value for insurers is reaffirmed by this agreement. At mea, our main priorities are assisting our clients in reaching their business objectives, streamlining insurance procedures, and increasing productivity.

The advantages of the collaboration were also emphasized by AXIS's global chief information officer, Steve Lord, who stated, "At AXIS, we are committed to harnessing the transformative power of Artificial Intelligence (AI) to deliver better outcomes for our customers, business partners, and shareholders." The extension and renewal of our collaboration with mea platform enhances our capacity to improve the services we provide and better assist our clients.