Verint Clinches $4 Million Deal to Enhance Healthcare Insurance with AI Bots

In a significant move towards transforming customer experience through technology, Verint (NASDAQ: VRNT), often heralded as The CX Automation Company™, has announced a pivotal $4 million contract with a leading regional healthcare insurer. This partnership underscores the insurer’s commitment to leveraging artificial intelligence (AI) for optimizing business outcomes. By choosing Verint’s Open Platform, the insurer is set to overhaul its customer engagement model with state-of-the-art AI capabilities.

The decision by the healthcare insurer to migrate from the services of a decade-long provider to Verint’s Open Platform marks a strategic shift towards enhancing customer experience (CX) automation. Verint’s platform, known for its robust AI-driven tools, will introduce four innovative AI bots into the insurer’s operations. These include the Data Insights Bot, the Interaction Wrap Up Bot, the Coaching Bot, and the Quality Bot. Together, these bots aim to streamline processes and ensure a seamless experience for both customers and service representatives.

Steve Seger, America’s Chief Revenue Officer at Verint, emphasized the importance of modernizing contact centers through AI. “Brands are choosing the Verint Open Platform to modernize their contact centers and at the same time increase CX automation with an AI-powered platform,” he stated. “This win highlights our ability to help customers quickly introduce CX automation capabilities to transform their business.”

This new addition was part of Verint’s fiscal first quarter roadmap and represents a significant bundled SaaS (Software as a Service) booking with a 36-month term. The engagement showcases Verint’s prowess in delivering comprehensive customer experience solutions that incorporate advanced AI tools to streamline and enhance interactions.

Verint, a stalwart in the CX automation space, serves an impressive roster of clients, including more than 80 of the Fortune 100 companies. These partnerships underline the trust and reliability that iconic brands place in Verint’s Open Platform and its suite of AI-powered bots. The company’s mission to drive tangible AI business outcomes across enterprises has found resonance in various sectors, with healthcare insurance being the latest to benefit from its innovative solutions.

Acknowledged for its workplace culture, Verint takes pride in being Certified™ by Great Place To Work. This designation not only reflects its internal commitment to employees but also mirrors the positive impact its solutions have on customers’ operational efficiency and satisfaction.

As with all forward-looking statements, this ambitious venture carries its own set of risks and uncertainties that could influence actual results. These considerations are detailed in Verint’s annual report and subsequent SEC filings. However, these forward-looking projections reflect the company’s confidence in its technology and strategy to adapt and thrive amidst these challenges.

Verint continues to redefine the customer engagement landscape through innovative AI solutions that promise to bridge the gap between customer expectations and service delivery. Through this latest deal with a regional healthcare insurer, Verint not only solidifies its position as a leader in CX automation but also sets a new benchmark for the industry in embracing AI-driven transformation.

Trademarks such as VERINT, THE CX AUTOMATION COMPANY, and others mentioned herein belong to Verint Systems Inc. or its subsidiaries. These marks signify the advanced technological foundation and the innovative approach that Verint brings to the customer engagement sector, driving both its success and that of its partners.

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