DXC named a leader in Everest Group’s Life and Pensions Insurance assessment

DXC Technology was recognized by research firm Everest Group as a Leader in its Life and Pensions (L&P) Insurance BPS/TPA PEAK Matrix® Assessment 2022 report.

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“DXC has continued to maintain a strong position in the L&P insurance BPS/TPA market, with its large and expanding clientele, commitment to developing IT/BPS synergies through its proprietary BPaaS capabilities, and end-to-end scope of services. A balanced and customized strategic approach across the different demand themes demonstrates DXC's commitment to this market and positions it as a Leader.”
- Somya Bhadola, Practice Director, Everest Group

This Everest Group report assessed 20 L&P insurance BPS/TPA providers based on their vision, capabilities and market impact, and categorized them as Leaders, Major Contributors or Aspirants. DXC was one of only five Leaders, a position the company has held for the past 7 years when the report launched.

“Recognizing DXC as a Leader and giving us high marks for vision and strategy reinforces the strength of our insurance services and platform-led approach. We will continue to invest in our life and wealth solutions, helping our customers bridge from the old to the new to better serve their customers and grow marketshare.”
- Ray August, President, Insurance Software and Business Process Solutions, DXC Technology

The report acknowledged DXC’s position in the L&P insurance market with its highest designated category, noting the following:

  • DXC has reaffirmed its commitment to the L&P space through its strategic BPS focus - leveraging its differentiated ownership of the technology stack, and especially its policy administration platforms.
  • DXC has augmented its platform-led approach and is aggressively taking its DXC Assure for Life and Wealth platform to the market, especially for new (policy) blocks and new product launches and is experiencing good deal momentum. Additionally, DXC Assure’s integration with both proprietary and partner/insurtech solutions – further strengthens this value proposition.
  • DXC has firmed up its presence for new/active blocks, while simultaneously focusing on large closed-block deals where it already holds significant experience and has invested in modernizing conversion methodologies.
  • DXC has expanded its North American footprint through strategic wins in Canada.

Learn more about DXC in Insurance