ASHBURN,
Va., Nov. 10, 2023 /PRNewswire/ - DXC
Technology (NYSE: DXC), a leading Fortune 500 global technology
services and insurance software provider, has been named a Leader
in Everest Group's Life & Annuities (L&A) Insurance BPS and
Third-Party Administrator (TPA) PEAK Matrix Assessment 2023. This
marks the eighth consecutive year that DXC was named a Leader, the
highest designation possible, in the report.
Everest Group highlighted DXC's ability to power its BPS with
its own proprietary software platform for service delivery. The
platform's continuing expansion of capabilities, including API
integration, and a growing list of third-party partner
integrations, were among the factors leading to DXC's leadership
position on the PEAK Matrix.
"DXC Technology leverages strong digital capabilities and
strategic partnerships that enable it to effectively navigate the
prevailing macro-environment variables," said Abhi Kothari, Practice Director, Everest Group.
"It continues to expand its RPA opportunities and has opened a
full-service TPA center in Canada
to enhance its service offerings. These initiatives collectively
have helped reinforce DXC Technology's position as a Leader in Life
and Annuities (L&A) Insurance BPS and Third-Party Administrator
(TPA) PEAK Matrix Assessment 2023."
Everest Group's report presents an assessment and detailed
profiles of 23 L&A Insurance BPS and TPA providers. DXC
excelled in the categories of Market Impact, which includes the
ability to deliver value to customers, and Vision & Capability,
which includes scope of services.
"It is an honor to continue to be recognized for our leadership
position in the L&A insurance BPS market by Everest Group,"
said Ray August, global lead of
Insurance Software & BPS, DXC Technology. "With more than 11
million life and wealth policies and contracts under management, we
are able to deliver cost-effective, high-quality business process
and IT support for virtually any life or wealth product, covering
most functions spanning the customer journey."
An excerpt of Everest Group's PEAK Matrix Assessment, including
DXC's profile, is available to view here.
Forward Looking
Statements
All statements in this press release that do not directly and
exclusively relate to historical facts constitute "forward-looking
statements." These statements represent current expectations and
beliefs, and no assurance can be given that the results described
in such statements will be achieved. Such statements are subject to
numerous assumptions, risks, uncertainties, and other factors that
could cause actual results to differ materially from those
described in such statements, many of which are outside of our
control. For a written description of these factors, see the
section titled "Risk Factors" in DXC's Annual Report on Form 10-K
for the fiscal year ended March 31,
2023, DXC's Quarterly Reports on Form 10-Q for the quarterly
periods ended June 30, 2023 and
September 30, 2023, and any updating
information in subsequent SEC filings. No assurance can be given
that any goal or plan set forth in any forward-looking statement
can or will be achieved, and readers are cautioned not to place
undue reliance on such statements which speak only as of the date
they are made. We do not undertake any obligation to update or
release any revisions to any forward-looking statement or to report
any events or circumstances after the date of this report or to
reflect the occurrence of unanticipated events except as required
by law.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their
mission-critical systems and operations while modernizing IT,
optimizing data architectures, and ensuring security and
scalability across public, private and hybrid clouds. The world's
largest companies and public sector organizations trust DXC to
deploy services to drive new levels of performance,
competitiveness, and customer experience across their IT estates.
Learn more about how we deliver excellence for our customers and
colleagues at DXC.com.
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SOURCE DXC Technology Company