ASHBURN, Va., April 06, 2022–(Business enterprise WIRE)–DXC Engineering (NYSE: DXC), a main Fortune 500 worldwide technological innovation expert services service provider, has been named a Leader by investigate firm Everest Team in its PEAK Matrix® for Existence and Pensions Coverage Business enterprise Method Solutions/Third Bash Directors Service Company 2022 report.
DXC supplies a array of options to the insurance policies sector such as business enterprise method products and services (BPS) and insurance plan software package. It also serves as a accredited third-celebration administrator (TPA) in the U.S. and certified broker-seller in Canada, utilizing its deep expertise in compliance and regulation.
The report acknowledged DXC’s posture in the existence insurance policies and pensions market place with its optimum designated class, noting the following:
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DXC has reaffirmed its motivation to the lifetime and pensions (L&P) space via its strategic BPS concentrate, leveraging its differentiated ownership of the know-how stack and particularly its policy administration platforms.
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DXC has augmented its system-led strategy and is aggressively taking its DXC Assure for Existence and Wealth platform to the marketplace, specially for new (plan) blocks and new solution launches, and is experiencing excellent offer momentum. In addition, DXC Assure’s integration with both of those proprietary and partner/insurtech methods additional strengthens this price proposition.
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DXC has firmed up its presence to company new/active blocks, when concurrently focusing on massive closed-block deals exactly where it now holds considerable expertise and has invested in modernizing conversion methodologies.
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DXC has expanded its North American footprint by strategic BPS wins in Canada.
“Recognizing DXC as a Leader and supplying us higher marks for our vision and tactic reinforces the power of our insurance coverage providers and system-led approach,” said Ray August, president, Insurance coverage Software program and Small business Process Remedies. “We will continue to invest in our everyday living and prosperity methods, encouraging our consumers bridge from the old to the new to much better serve their clients and expand market place share.”
“DXC has ongoing to preserve a robust placement in the L&P insurance policy BPS/third-occasion administrator (TPA) sector, with its significant and expanding clientele, determination to building IT/BPS synergies as a result of its proprietary BPaaS capabilities, and conclude-to-conclusion scope of expert services,” said Somya Bhadola, Apply Director, Everest Team. “A well balanced and customized strategic solution across new, lively and closed blocks demonstrates DXC’s determination to this market and positions it as a Leader.”
This Everest Group report assessed 20 companies centered on their eyesight, abilities and market effects across North The us, and classified them as Leaders, Significant Contenders or Aspirants. DXC was one of only five Leaders, a situation the business has held for the previous 7 several years when the report launched.
A customized version of the Everest Group PEAK Matrix® for Lifetime and Pensions (L&P) Coverage BPS/TPA Support Service provider 2022 is out there here. DXC was also a short while ago identified by Everest as a Leader in its Cloud Providers PEAK Matrix Evaluation 2022.
About DXC Technological innovation
DXC Technology (NYSE: DXC) allows international businesses operate their mission significant techniques and operations even though modernizing IT, optimizing facts architectures, and making sure safety and scalability across general public, non-public and hybrid clouds. The world’s most significant providers and public sector corporations rely on DXC to deploy providers across the Enterprise Technological know-how Stack to travel new levels of performance, competitiveness, and purchaser working experience. Learn extra about how we produce excellence for our clients and colleagues at DXC.com.
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