DXC Technology Named Leader in Core Tech for Individual Life Insurance by Everest Group

DXC Technology Excels in Individual Life Insurance Technology

DXC Technology, a major player in the global tech services sector, has recently been highlighted by the Everest Group in their "Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025 North America". This recognition is significant as it places DXC among the foremost providers in the insurance technology field, validating their ongoing efforts to enhance operations for insurers while fostering improved customer experiences and cost efficiencies.

In the report, the Everest Group emphasizes DXC's ability to deliver adaptable and user-friendly Software-as-a-Service models, which stand out as a key differentiator in a competitive market. With over 1,000 insurance clients and the management of more than one billion policies globally—representing around 10% of worldwide premiums—DXC's influential presence is undeniable. Their historical accolades from the Everest Group, including the recognition as a top provider for life and pension insurance technology in 2024, further solidifies their reputation.

Meeting Insurance Sector Needs

Ray August, President of Insurance Software BPS at DXC Technology, highlighted the measurable value DXC brings at nearly every phase of the insurance lifecycle. "Our sustained success within the insurance technology vertical reflects our unwavering dedication to innovation, customer-centric solutions, and operational excellence. We take pride in continually assisting our clients in keeping pace with industry evolution, setting new benchmarks for what's achievable," he stated.

The PEAK Matrix® offers a structured framework for assessing the relative market success and overall competence of technology providers in the insurance landscape. The evaluation is based on an extensive review of 14 leading technology suppliers that support the industry with management systems, digital transformation capabilities, and next-gen solutions. Those who excel are chosen based on their market influence, vision, and capabilities.

According to Vigitesh Tewary, Practice Director at the Everest Group, DXC Technology’s investments in blending in-depth legacy system expertise with modern, cloud-native SaaS solutions empower the company to facilitate scaled migrations and transformations of policies effectively. The Assure suite—featuring the cloud-native Assure Life+ offering—supports the rollout and introduction of a diverse portfolio of life, pension, and savings products. Additionally, it includes AI-enhanced capabilities for underwriting, claim processing, and fraud detection, thereby improving operational efficiency.

Trust and Reliability

With over four decades of innovation in the insurance sector, DXC has established itself as the leading provider of core systems for insurers. A staggering 21 of the world’s top 25 insurance companies rely on DXC for delivering solutions that enable them to tackle essential business challenges and focus on their critical operations. An impressive 80% of insurers listed in the Fortune Global 500 trust DXC to manage disruptions securely while achieving operational excellence.

As the insurance landscape continues to evolve, DXC Technology remains at the forefront, helping clients navigate through challenges with confidence and reliability. For more insights into DXC's extensive offerings in the insurance sector, interested parties can visit their website.

In conclusion, DXC Technology’s latest recognition from the Everest Group reinforces its pivotal role in transforming the insurance industry. As the company continues to set industry standards, the future looks promising not just for DXC, but for all stakeholders invested in the sector's enhancements.

For further inquiries, contact Angelena Abate, Senior Director of Marketing Communications at DXC Technology, or reach out to Roger Sachs for Investor Relations.