Number one ranking reflects DXC's position as
a trusted provider of insurance technology solutions to its clients
across the globe
ASHBURN,
Va., Nov. 14, 2024 /CNW/ - DXC Technology
(NYSE: DXC), a leading Fortune 500 global technology services
provider, has been ranked the leading Life & Annuity (L&A)
Insurance Technology Provider in a new report by global research
and analyst firm Everest Group.
In its inaugural annual report, "Leading 50TM Life
& Annuity (L&A) Insurance Technology Providers," Everest
Group ranked companies based on revenues, geographical scope of
client base, line of business coverage and value chain coverage.
The report highlighted DXC's innovation expertise as being a key
differentiator. DXC works with global customers as a trusted
partner, helping insurers transform and modernize operations.
"DXC Technology has been listed at the top of the Everest
Group's inaugural Leading 50™ Life & Annuities (L&A)
Insurance Technology Providers 2024 research. This is attributed to
their technology offerings' coverage across all major products,
value chain functions, and a well-diversified, global client
footprint," said Ronak Doshi,
Partner at Everest Group. "Their strategic focus on pivotal market
themes, such as accelerated underwriting and distribution channel
enablement, has further bolstered their value proposition for
L&A insurers."
DXC provides life and annuity customers with end-to-end,
digital-ready solutions that transform and streamline insurance
processes, enabling speed to market and enhance the customer
experience. Additionally, DXC enables insurers to scale with cloud,
drive innovation with AI and secure critical systems. With a focus
on modernization, DXC has solutions that accelerate the
transformation journey to digital innovation.
Leveraging the expertise of more than 40 years of innovation,
DXC has more than 1,000 customers in the insurance industry and
have processed more than 1 billion policies using DXC solutions.
21 of the world's top 25 insurers rely on DXC to deliver
solutions that allow them to solve essential business challenges
and stay focused on delivering mission-critical work.
"We are honored to be recognized for our global life and
annuity market leadership," said Ray
August, Managing Director, Insurance Software & BPS. "We
are fortunate to work with some of the world's largest insurers and
are committed to meeting our customers where they are on their
digital transformation journeys. We will continue to drive
innovation that transforms the insurance industry."
An excerpt of Everest Group's report 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 any result, goal or
plan set forth in any forward-looking statement can or 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, 2024, and any updating
information in subsequent SEC filings. 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 document 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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/dxc-technology-ranked-top-life--annuity-insurance-technology-provider-by-everest-group-302305723.html
SOURCE DXC Technology Company
