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DXC Technology: Leading the Way in Property and Casualty Insurance

DXC Technology (NYSE: DXC), a global technology service provider listed in the Fortune 500, has made significant strides in the insurance sector. Recently, the Everest Group, a notable global market research firm, recognized DXC as a leader in its new report titled Property and Casualty (PC) Insurance BPS PEAK Matrix® Assessment 2025. This accolade underscores DXC's position at the forefront of technological innovation and industry expertise in property and casualty insurance.

The Everest Group's report specifically highlights DXC's effective use of artificial intelligence (AI) to enhance the efficiency of policy and data migrations, reducing both time and costs associated with these processes. Furthermore, DXC's Business Process Services (BPS) offerings are notably aligned with their proprietary Assure platform solutions, allowing for streamlined operations and quick adaptations to emerging capabilities through a specialized insurance research and development division.

In addition to its leader status, DXC has been granted the Star Performer recognition, owing to its considerable advancements since the previous report published in 2023. The group acknowledges DXC's proactive approach towards innovation, which yields value-added solutions like AI accelerators and Assure BPM. These tools help modernize operations for insurance clients across the globe.

Abhimanyu Awasthi, a practice director at the Everest Group, notes, "DXC Technology’s platform-based model, rooted in the Assure platform and proprietary insurance software with domain-specific IP, simplifies the deployment of AI and facilitates ongoing modernization of PC processes on a large scale." He further comments on DXC’s reliance on specialized solutions, extensive knowledge of the London market, and broad geographical coverage, all of which concentrate on transforming complexity into operational advantages in critical business processes for personal, commercial, specialty, and reinsurance sectors.

With over four decades of industry experience, DXC has established itself as a dependable partner for 21 of the 25 largest insurance companies. As a premier provider of core insurance systems, DXC continues to drive innovation, assisting insurers in managing the complexities and costs associated with over 1 billion policies processed using DXC software.

Ray August, President of Insurance Software and Business Process Services at DXC, expressed, "The innovative strength, global footprint, and industry expertise of DXC empower us to meet our clients' demands worldwide—from accelerating market expansion with our BPS offerings to shaping the future of specialty insurance through our strategic joint venture of Velonetic. Our mission is to support insurers with innovative solutions, including AI and emerging technologies, allowing them to compete effectively and address key market trends with offerings tailored to global markets. We are honored that the Everest Group has recognized this work."

In the PEAK Matrix® Assessment for 2025, the Everest Group evaluated 25 BPS providers for property and casualty insurance, categorizing them into market leaders, market challengers, and aspirants based on their vision, capabilities, and market impact.

The full report from the Everest Group is available for download, and more information regarding DXC's services in property and casualty insurance can be found on their website.

For businesses seeking to streamline their operations and develop innovative insurance solutions, DXC Technology stands out as a key player, ready to take on future challenges in the insurance industry. By leveraging cutting-edge technologies and a deep understanding of market dynamics, DXC continues to offer unmatched support for insurance companies worldwide.