ASHBURN, Va., April 06, 2022–(Business enterprise WIRE)–DXC Technologies (NYSE: DXC), a main Fortune 500 international technologies solutions service provider, has been named a Leader by investigation business Everest Group in its PEAK Matrix® for Everyday living and Pensions Coverage Company Method Providers/3rd Get together Administrators Services Supplier 2022 report.
DXC presents a array of remedies to the coverage marketplace like small business procedure providers (BPS) and coverage computer software. It also serves as a accredited 3rd-occasion administrator (TPA) in the U.S. and certified broker-seller in Canada, using its deep skills in compliance and regulation.
The report acknowledged DXC’s placement in the everyday living insurance coverage and pensions market with its highest selected category, noting the subsequent:
DXC has reaffirmed its dedication to the daily life and pensions (L&P) room by means of its strategic BPS concentration, leveraging its differentiated possession of the technology stack and in particular its coverage administration platforms.
DXC has augmented its system-led solution and is aggressively using its DXC Assure for Lifetime and Wealth platform to the marketplace, specially for new (coverage) blocks and new product or service launches, and is enduring excellent deal momentum. On top of that, DXC Assure’s integration with both proprietary and lover/insurtech answers additional strengthens this worth proposition.
DXC has firmed up its presence to company new/lively blocks, even though concurrently focusing on significant shut-block deals where it now holds substantial expertise and has invested in modernizing conversion methodologies.
DXC has expanded its North American footprint via strategic BPS wins in Canada.
“Recognizing DXC as a Leader and providing us high marks for our eyesight and system reinforces the power of our coverage services and platform-led approach,” claimed Ray August, president, Insurance Software package and Company Process Solutions. “We will continue on to commit in our life and wealth solutions, assisting our clients bridge from the aged to the new to improved serve their prospects and increase marketplace share.”
“DXC has ongoing to preserve a potent situation in the L&P insurance coverage BPS/third-party administrator (TPA) marketplace, with its large and growing clientele, dedication to establishing IT/BPS synergies through its proprietary BPaaS capabilities, and close-to-conclude scope of services,” said Somya Bhadola, Apply Director, Everest Group. “A well balanced and custom made strategic strategy throughout new, lively and shut blocks demonstrates DXC’s commitment to this current market and positions it as a Leader.”
This Everest Group report assessed 20 companies primarily based on their eyesight, capabilities and marketplace impression across North The united states, and classified them as Leaders, Big Contenders or Aspirants. DXC was one of only five Leaders, a place the organization has held for the earlier 7 decades when the report released.
A customized model of the Everest Team PEAK Matrix® for Lifetime and Pensions (L&P) Insurance plan BPS/TPA Provider Supplier 2022 is accessible here. DXC was also recently regarded by Everest as a Leader in its Cloud Solutions PEAK Matrix Evaluation 2022.
About DXC Technologies
DXC Technology (NYSE: DXC) aids world-wide firms run their mission critical devices and operations while modernizing IT, optimizing info architectures, and guaranteeing stability and scalability across public, personal and hybrid clouds. The world’s greatest businesses and public sector companies belief DXC to deploy companies throughout the Company Know-how Stack to travel new concentrations of performance, competitiveness, and customer working experience. Find out a lot more about how we produce excellence for our clients and colleagues at DXC.com.
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