DXC Technology Named Top Provider of Core Life Insurance Technology by Everest Group

DXC Technology Achieves Top Ranking in Life Insurance Tech

DXC Technology (NYSE: DXC), a prominent global provider of technology services, has recently been acknowledged by the Everest Group as a leading provider within its "Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025 North America" report. This accolade highlights DXC's significant influence on modernizing the insurance sector and enhancing customer interactions.

In the latest report, Everest Group pointed out DXC's distinctive ability to offer flexible and easy-to-use Software-as-a-Service (SaaS) models, a critical factor contributing to its leadership status. Today, DXC boasts a client base that includes over 1,000 insurance companies and has successfully managed more than one billion policies through its platforms. This impressive achievement translates to approximately 10% of the global insurance premium market.

Ray August, DXC’s President of Insurance Software Business Process Services, stated, “We’re delivering measurable value across nearly every stage of the insurance lifecycle. Our continued success in insurance technology reflects DXC's unwavering commitment to innovation, customer-centric solutions, and operational excellence.” This sentiment encapsulates the essence of DXC’s strategy to help clients navigate the rapidly evolving insurance landscape while setting new benchmarks for operational success.

The PEAK Matrix® serves as a tool to evaluate the relative market success and overall capabilities of various technology providers in the insurance sector. This latest assessment included a thorough evaluation of 14 leading technology firms that cater to the insurance industry with administration systems, digital transformation capabilities, and cutting-edge solutions. DXC has been recognized not only for its market impact but also for its vision and operational capability.

Vigitesh Tewary, Practice Director at Everest Group, noted, “DXC Technology's investments in seamlessly merging extensive legacy systems expertise with modern, cloud-native SaaS solutions enable it to effectively manage large-scale policy migrations and transformations.” The Assure suite, which includes the cloud-native Assure Life+ offering, plays a vital role by facilitating product deployment and launch across a comprehensive portfolio of life, annuity, and savings products. Additionally, the use of AI-powered capabilities across underwriting, claims, and fraud management has significantly improved operational efficiency for insurers using DXC's technology.

With over four decades of innovation in the insurance domain, DXC stands tall as the foremost provider of core insurance systems. Notably, 21 out of the world’s top 25 insurers rely on DXC to deliver solutions that address business challenges and ensure they remain focused on their essential operations. According to reports, 80% of insurers in Fortune's Global 500 affiliate with DXC, underscoring the company's pivotal role in aiding these organizations to successfully navigate market disruptions and enhance their operational efficiency.

For insurance companies looking to modernize their operations and elevate customer experience, DXC presents a robust solution tailored for the demands of today’s insurance market. The organization’s commitment to delivering transformative solutions indicates a future full of potential for industry stakeholders.

To find more about DXC’s offerings in the insurance sector, visit their website. An excerpt from Everest Group's detailed report is readily accessible for viewing, further illustrating DXC’s leadership and capabilities in this critical sector.