DXC Technology Named Top Provider for Individual Life Insurance Technology by Everest Group

DXC Technology Achieves Top Ranking by Everest Group

DXC Technology, a powerhouse in the global technology services arena listed in the Fortune 500, has made headlines by being ranked as one of the top providers in the "2025 PEAK Matrix® Assessment for Core Technology Products in Individual Life Insurance" by Everest Group. This accolade highlights DXC's pivotal role in aiding insurers to modernize their operations, amplify customer experience, streamline business processes, and reduce operational costs.

The newly published report from Everest Group emphasizes DXC's ability to deliver flexible and user-friendly Software-as-a-Service (SaaS) models, marking a key differentiator in today's competitive landscape. With over 1,000 clients in the insurance sector and more than one billion policies managed on its platforms, DXC oversees an impressive 10% of global insurance premiums. Moreover, the company has been recognized for its insurance offerings, previously being named the best provider for life insurance and annuities in 2024.

Ray August, President of Insurance Software BPS at DXC Technology, remarked, "We deliver measurable value at nearly every stage of the insurance lifecycle. Our ongoing success in insurance technology reflects DXC's unwavering commitment to innovation, customer-centric solutions, and operational excellence. As the industry evolves, we take pride in helping our clients stay ahead by setting new standards wherever possible."

The PEAK Matrix® serves as a framework to evaluate the relative success and overall capability of insurance providers in the market. It’s a comprehensive assessment of 14 leading technology providers supporting the sector with comprehensive administration systems, digital transformation capabilities, and next-generation solutions. Leaders within this space are positioned based on their market impact, vision, and capabilities.

Vigitesh Tewary, Practice Director at Everest Group, noted, "DXC Technology's investments in deep expertise regarding legacy systems, combined with modern cloud-native SaaS solutions tailored for annuity companies, empower it to support large-scale policy migrations and transformations. Its Assure suite, featuring the Assure Life+ cloud-native offering that supports the deployment and launching of products within an insurance, annuity, and savings portfolio, its AI-driven capabilities in underwriting, claims, and fraud prevention that enhance operational efficiency, as well as its business process management functionalities have contributed to DXC's strong positioning as a leader following the PEAK Matrix® Assessment for Core Technology Products in Individual Life Insurance."

With over 40 years of innovation within the insurance domain, DXC holds its position as a leading provider of core insurance systems. Notably, 21 of the top 25 global insurers rely on DXC to provide solutions that help meet critical business challenges while maintaining focus on essential tasks. With approximately 80% of Fortune Global 500 insurers placing their trust in DXC, the company plays a vital role in empowering insurers to tackle challenges confidently and achieve operational excellence.

For those interested in learning more about DXC’s insurance services, further information is available on their website. This ongoing recognition reflects DXC's leadership in helping the insurance industry adapt and thrive in an ever-changing landscape.

In summary, with its innovative technology solutions and commitment to excellence, DXC Technology continues to set a benchmark in the individual life insurance sector, demonstrating its role as a vital partner for insurers aiming to enhance their operations and service offerings.