XBP Global Holdings Wins $24 Million AI Automation Deal With Leading P&C Insurer

Reuters2025-12-29
XBP Global Holdings Wins $24 Million AI Automation Deal With Leading P&C Insurer

XBP Global Holdings Inc. announced a strategic, multi-year partnership with a leading U.S.-based property and casualty insurance provider. The engagement, valued at approximately $24 million over five years, will involve XBP Global modernizing the insurer's payment ecosystem using its AI-driven automation solutions. As part of the agreement, XBP Global will deploy its automation platform, including Intelligent Document Processing technology and a Mobile Payment solution, to digitize and streamline the insurer’s payment operations. The initiative aims to enhance efficiency, compliance, and customer experience by automating payment data processing, managing exceptions, and converting paper-based correspondence into digital formats.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XBP Global Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9617784-en) on December 29, 2025, and is solely responsible for the information contained therein.

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