Case Study: AXIS accelerates underwriting and boosts efficiency with Sixfold

AXIS - Customer Case Study

AXIS, a global specialty insurance and reinsurance company, faced a significant challenge in processing new business applications. Their underwriters were burdened with extensive manual research to classify companies and assess risk, a time-consuming process that hampered efficiency and customer responsiveness. They partnered with the vendor Sixfold to implement its AI-powered underwriting platform to automate and improve this workflow.

The solution provided by Sixfold delivered exceptional accuracy in applying industry codes, far exceeding the capabilities of previous technologies. The implementation was fast, requiring minimal internal IT resources. This resulted in AXIS analyzing over 15,000 applications in the first month alone, dramatically reducing processing time, freeing up underwriters for higher-value work, and supporting the company's premium growth.

AXIS

Josh Fishkind

Head of Innovation