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DXC Technology Ranked Top Life & Annuity Insurance Technology Provider by Everest Group

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DXC Technology has been ranked as the leading Life & Annuity Insurance Technology Provider by Everest Group in their inaugural annual report. The ranking was based on revenues, geographical scope, client base, and value chain coverage. DXC serves over 1,000 insurance customers globally, processing more than 1 billion policies, with 21 of the world's top 25 insurers relying on their solutions. The company provides end-to-end digital solutions that transform insurance processes, enabling market speed and enhanced customer experience through cloud computing, AI implementation, and system security.

DXC Technology è stata classificata come il principale fornitore di tecnologia per le assicurazioni sulla vita e le rendite dall'Everest Group nel loro rapporto annuale inaugurale. La classificazione si basa su fatturato, area geografica, base clienti e copertura della catena del valore. DXC serve oltre 1.000 clienti assicurativi a livello globale, processando oltre 1 miliardo di polizze, con 21 dei 25 maggiori assicuratori mondiali che fanno affidamento sulle loro soluzioni. L'azienda offre soluzioni digitali complete che trasformano i processi assicurativi, consentendo velocità di mercato e un'esperienza cliente migliorata attraverso il cloud computing, l'implementazione dell'IA e la sicurezza dei sistemi.

DXC Technology ha sido clasificada como el principal proveedor de tecnología para el seguro de vida y anualidades por el Everest Group en su informe anual inaugural. La clasificación se basó en ingresos, alcance geográfico, base de clientes y cobertura de la cadena de valor. DXC atiende a más de 1,000 clientes del sector asegurador a nivel mundial, procesando más de 1 mil millones de pólizas, con 21 de los 25 principales aseguradores del mundo confiando en sus soluciones. La empresa ofrece soluciones digitales de extremo a extremo que transforman los procesos de seguros, permitiendo agilidad en el mercado y una mejor experiencia del cliente a través de la computación en la nube, la implementación de IA y la seguridad del sistema.

DXC TechnologyEverest Group의 첫 번째 연례 보고서에서 생명 및 연금 보험 기술 제공업체로서 1위를 차지했습니다. 이 순위는 수익, 지리적 범위, 고객 기반 및 가치 사슬 범위를 기반으로 했습니다. DXC는 전 세계적으로 1,000명 이상의 보험 고객을 지원하며, 10억 개 이상의 계약을 처리하고 있으며, 세계 25대 보험사 중 21곳이 그들의 솔루션을 신뢰하고 있습니다. 이 회사는 보험 프로세스를 혁신하는 엔드 투 엔드 디지털 솔루션을 제공하여 클라우드 컴퓨팅, AI 구현 및 시스템 보안을 통해 시장 속도와 향상된 고객 경험을 가능하게 합니다.

DXC Technology a été classée comme le principal fournisseur de technologies d'assurance vie et d'annuités par le Groupe Everest dans leur premier rapport annuel. Ce classement était basé sur les revenus, la portée géographique, la base de clients et la couverture de la chaîne de valeur. DXC sert plus de 1 000 clients d'assurance dans le monde, traitant plus de 1 milliard de polices, avec 21 des 25 plus grands assureurs mondiaux s'appuyant sur leurs solutions. L'entreprise fournit des solutions numériques de bout en bout qui transforment les processus d'assurance, permettant une rapidité sur le marché et une expérience client améliorée grâce au cloud computing, à la mise en œuvre de l'IA et à la sécurité des systèmes.

DXC Technology wurde von der Everest Group in ihrem ersten Jahresbericht als führender Anbieter von Technologie für Lebens- und Rentenversicherungen eingestuft. Die Einstufung basierte auf Einnahmen, geografischem Umfang, Kundenbasis und Abdeckungsgrad der Wertschöpfungskette. DXC bedient weltweit über 1.000 Versicherungsunternehmen und verarbeitet mehr als 1 Milliarde Policen, wobei 21 der 25 größten Versicherer der Welt auf ihre Lösungen angewiesen sind. Das Unternehmen bietet umfassende digitale Lösungen, die Versicherungsprozesse transformieren und Markgeschwindigkeit sowie ein verbessertes Kundenerlebnis durch Cloud-Computing, KI-Implementierung und Systemsicherheit ermöglichen.

Positive
  • Ranked #1 Life & Annuity Insurance Technology Provider by Everest Group
  • Serves over 1,000 insurance customers globally
  • Processes more than 1 billion policies
  • 21 of world's top 25 insurers are DXC clients
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  • None.

Insights

This top ranking by Everest Group validates DXC's dominant position in the insurance technology sector, particularly notable given their 1,000+ insurance customers and relationships with 21 of the top 25 global insurers. The recognition highlights DXC's comprehensive coverage across products and value chain functions, which is important for maintaining market leadership in the $300+ billion insurance technology market.

Their strategic focus on accelerated underwriting and distribution channel enablement positions them well to capture growing demand for digital transformation in the insurance sector. The 40-year track record and processing of over 1 billion policies demonstrates scalability and reliability that are essential for enterprise clients. While this ranking reinforces DXC's market position, investors should note that sustained technology investment will be important to maintain this leadership against emerging fintech competitors.

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 /PRNewswire/ - 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.

 

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SOURCE DXC Technology Company

FAQ

What ranking did DXC Technology receive in Everest Group's 2024 Life & Annuity Insurance report?

DXC Technology was ranked as the #1 Life & Annuity Insurance Technology Provider in Everest Group's inaugural Leading 50™ report for 2024.

How many insurance customers does DXC Technology (DXC) serve globally?

DXC Technology serves more than 1,000 customers in the insurance industry globally.

How many of the world's top 25 insurers use DXC Technology's solutions?

21 of the world's top 25 insurers rely on DXC Technology to deliver solutions for their business challenges.

How many policies has DXC Technology processed using their solutions?

DXC Technology has processed more than 1 billion policies using their solutions.

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