+
Mphasis Partners with Sixfold to Revolutionize Insurance Underwriting with AI
ECONOMY & POLICY

Mphasis Partners with Sixfold to Revolutionize Insurance Underwriting with AI

Mphasis, a leading provider of cloud and cognitive technology solutions, today announced a strategic partnership with Sixfold, a US and UK-based artificial intelligence (AI) underwriting company, to enhance and streamline insurance underwriting processes. 
As a certified implementation partner, Mphasis will integrate Sixfold’s AI-powered platform to help insurers significantly accelerate submission intake, improve risk assessment accuracy, and reduce underwriting turnaround times. The solution, already in production at several leading carriers, is designed for Life & Disability, Commercial P&C, Specialty, and Reinsurance lines. 
Sixfold’s platform empowers underwriters with real-time, contextual insights—enabling faster and more confident decision-making without compromising underwriting standards. The AI engine customizes recommendations to match each insurer’s unique risk appetite, boosting underwriter productivity and increasing Gross Written Premium (GWP) per underwriter by enhancing risk selection and reducing manual review workloads. 
Srikumar Ramanathan, Chief Solutions Officer at Mphasis, commented: 
“We are thrilled to collaborate with Sixfold to accelerate AI-driven transformation in the insurance sector. Leveraging the strength of Sixfold’s advanced AI models and Mphasis.ai’s domain expertise, we are enabling insurers to deliver faster, more accurate, and scalable underwriting outcomes that align with their strategic goals.” 
Alex Schmelkin, Founder & CEO of Sixfold, added: 
“We built Sixfold to directly solve underwriters’ biggest pain points. This partnership with Mphasis ensures that insurers can integrate and scale our platform seamlessly—without adding complexity or disruption to existing workflows. Together, we’re making underwriting faster, smarter, and better for everyone, including brokers and customers.” 
This partnership underscores Mphasis’ continued investment in next-generation insurance solutions and reinforces its position as a key technology enabler for global insurers seeking to modernize legacy systems and enhance operational resilience. 

Mphasis, a leading provider of cloud and cognitive technology solutions, today announced a strategic partnership with Sixfold, a US and UK-based artificial intelligence (AI) underwriting company, to enhance and streamline insurance underwriting processes. As a certified implementation partner, Mphasis will integrate Sixfold’s AI-powered platform to help insurers significantly accelerate submission intake, improve risk assessment accuracy, and reduce underwriting turnaround times. The solution, already in production at several leading carriers, is designed for Life & Disability, Commercial P&C, Specialty, and Reinsurance lines. Sixfold’s platform empowers underwriters with real-time, contextual insights—enabling faster and more confident decision-making without compromising underwriting standards. The AI engine customizes recommendations to match each insurer’s unique risk appetite, boosting underwriter productivity and increasing Gross Written Premium (GWP) per underwriter by enhancing risk selection and reducing manual review workloads. Srikumar Ramanathan, Chief Solutions Officer at Mphasis, commented: “We are thrilled to collaborate with Sixfold to accelerate AI-driven transformation in the insurance sector. Leveraging the strength of Sixfold’s advanced AI models and Mphasis.ai’s domain expertise, we are enabling insurers to deliver faster, more accurate, and scalable underwriting outcomes that align with their strategic goals.” Alex Schmelkin, Founder & CEO of Sixfold, added: “We built Sixfold to directly solve underwriters’ biggest pain points. This partnership with Mphasis ensures that insurers can integrate and scale our platform seamlessly—without adding complexity or disruption to existing workflows. Together, we’re making underwriting faster, smarter, and better for everyone, including brokers and customers.” This partnership underscores Mphasis’ continued investment in next-generation insurance solutions and reinforces its position as a key technology enabler for global insurers seeking to modernize legacy systems and enhance operational resilience. 

Next Story
Infrastructure Urban

BluSmart Faces Insolvency Amid Financial and Governance Troubles

The NCLT appointed NPV Insolvency Professionals as the interim resolution professional (IRP) to take charge of BluSmart’s operations and assets while continuing business as a going concern. The tribunal also ordered full cooperation from the company’s promoters and management until a resolution plan is formulated.Founded by the Jaggi brothers, who also promoted Gensol Engineering, BluSmart’s situation parallels that of Gensol, which the same NCLT bench had admitted into insolvency proceedings earlier in June. Gensol’s fleet of 4,000 vehicles was recently leased across Delhi-NCR and Ben..

Next Story
Infrastructure Transport

DMRC Achieves Tunnel Breakthrough on Golden Line Corridor

Part of the 23.6-km Golden Line, the tunnel breakthrough marks progress on one of the corridor’s 19.3 km of underground sections, which will connect 15 metro stations upon completion.The 91-metre-long TBM completed a 792-metre tunnel stretch designed for up and down train movement. The work is being executed by civil contractor Afcons Infrastructure.Constructed at an average depth of 18 metres, the tunnel features 559 precast concrete rings, each with an internal diameter of 5.8 metres. These segments were manufactured at a mechanised casting yard in Mundka and steam-cured for accelerated st..

Next Story
Infrastructure Transport

MMRDA Deposits Rs 5.60 Bn in Metro Arbitration Case

Following a Supreme Court directive, MMRDA deposited 50 per cent of the Rs 11.69 billion arbitration award in a case related to project cost disputes with MMOPL, which operates Mumbai’s first metro line. The Bombay High Court had earlier asked MMRDA to pay the full award by 15 July 2025.The arbitration award—amounting to Rs 9.92 billion—was granted in August 2023 by a three-member tribunal. MMRDA had contested the order under Section 34 of the Arbitration and Conciliation Act, but the Bombay High Court upheld the award in MMOPL’s favour.The cost of the 12-km Versova–Andheri–Ghatkop..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?