We founded OWIT in 2018 to address an underserved segment of the insurance market: modernizing bordereaux management and maximizing existing system investments through flexible, tool-based solutions rather than costly “rip-and-replace” projects. From the outset, we focused on improving data interchange, operational efficiency, and long-term scalability for all types of companies in the insurance ecosystem.

By delivering insurance-specific functionality and next-generation tools, we stayed ahead of competitors while steadily expanding our global customer base. Our bordereaux management solution evolved into the Insurance Data Management (IDM) solution, supporting all insurance transaction data, policy, claims, and cash, addressing data integrity challenges and supporting acquisitions. In parallel, we collaborated with an insurer to extend existing systems through workflow-driven capabilities, resulting in our Insurance Process Management (IPM) solution.

As these capabilities matured, they formed the foundation of a broader Insurance Workbench. Combining IDM and IPM supports the full insurance program lifecycle, including submission management, contracting, onboarding, data files, support for all transactions, evaluation, and auditing end-to-end. This enables insurers and administrators to operate with greater transparency, control, and data integrity across global programs.

Today, we apply AI with a targeted and focused use-case approach that enhances data quality and operational efficiency. Unlike pure AI-driven data cleansing tools, OWIT uses AI as a built-in intelligence layer that strengthens data quality, compliance, and operational efficiency across the entire platform. This enables AI capabilities to build on a proven insurance platform, delivering workflow-ready intelligence that meaningfully differentiates and strengthens broader insurance platforms. All AI capabilities run inside OWIT’s secure, auditable, multi-tenant architecture, ensuring outputs remain explainable, governed, and aligned with regulatory expectations.

OWIT’s focus is true digitalization: unifying user experience, workflow, and data management. With a proven product, a clear market need, and growing recognition of the importance of digitization, we are positioned to accelerate. Expanding our sales, marketing, and product investment will allow us to scale more rapidly and establish OWIT as a global leader in insurance data and process transformation.