Latest news with #RayAugust
Cision Canada
06-05-2025
- Business
- Cision Canada
DXC Launches Insurance SaaS Solution Availability in AWS Marketplace
ASHBURN, Va., May 6, 2025 /CNW/ - DXC Technology, a leading Fortune 500 global technology services provider, today announced that its suite of DXC Assure SaaS insurance solutions is now available in AWS Marketplace, a digital catalog that helps you find, buy, deploy, and manage software, data products, and professional services from thousands of vendors. The availability of DXC Assure SaaS insurance solutions in AWS Marketplace streamlines the purchase and management of DXC solutions for AWS customers. "Making our insurance solutions available in AWS Marketplace demonstrates our commitment to meeting our customers wherever they are on their digital transformation journeys and delivering business value at every step along the way," said Ray August, President, Insurance Software & Business Process Services (ISB) for DXC. "By leveraging AWS, DXC continues to help insurers drive operational efficiencies, enhance security, and improve customers' experiences." The initial solutions now available in AWS Marketplace include the DXC Assure Platform, DXC Assure BPM (powered by ServiceNow), DXC Assure Life+, DXC Assure Claims, DXC Assure Legal, and DXC Assure Legal Insights, with additional releases expected throughout 2025. These solutions allow insurers to leverage AI-powered tools for claims management, litigation, business process automation, and full-spectrum life and annuity insurance workflows. DXC and AWS share a longstanding history in the insurance sector, with over 30 million policies managed by DXC software built on AWS. The availability of DXC's Assure SaaS insurance solutions in AWS Marketplace marks a new milestone in this collaboration, one that has already supported major transformations for global insurers. To date, the collaboration has led to over 200 DXC customer migrations to AWS. As the leading provider of core insurance systems, DXC continues to innovate, helping insurers reduce complexity and costs across the 13 million policies it administers. With over 40 years of industry expertise, DXC is the trusted partner of choice for 80% of the insurers listed in Fortune's Global 500. To learn more, visit DXC Insurance Software & BPS. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at
Associated Press
29-04-2025
- Business
- Associated Press
DXC Ranked Top Individual Life Insurance Core Technology Provider by Everest Group
ASHBURN, Va., April 29, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been ranked as a top provider in Everest Group's 'Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025: North America.' This acknowledgment underscores DXC's leadership in helping insurers modernize their operations to improve the customer experience, optimize business processes, and reduce costs. In a new report by global research and analyst firm Everest Group, DXC's ability to deliver flexible, easy-to-consume software-as-a-service models was highlighted as a key differentiator. DXC serves over 1,000 insurance clients and has processed more than one billion policies on its platforms, representing 10% of the world's premiums. DXC has also been previously recognized by Everest for insurance offerings, most recently in 2024 as a top Life & Annuity Insurance Technology provider. '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. As the industry evolves, we're proud to help our clients stay ahead—setting new standards for what's possible,' said Ray August, President, Insurance Software & BPS at DXC Technology. The PEAK Matrix® is a framework to assess insurance providers' relative market success and overall capability. The assessment is based on a comprehensive evaluation of 14 leading technology providers supporting the industry with administration systems, digital transformation capabilities and next-generation solutions. Leaders are placed based on their market impact, vision, and capability. 'DXC Technology's investments in blending deep legacy system expertise with modern, cloud-native SaaS solutions for life and annuity carriers enables it to support scaled policy migrations and transformations,' said Vigitesh Tewary, Practice Director at Everest Group. 'Its Assure suite, including the cloud-native Assure Life+ offering that supports product deployment and launch across a portfolio of life, annuity, and savings products; AI-powered capabilities across underwriting, claims, and fraud that improve operational efficiency; as well as business process management capabilities on top of its platform have contributed to DXC's positioning as a Leader in Everest Group's Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025 – North America.' With over 40 years of innovation in the insurance industry, DXC stands as the leading provider of core insurance systems. 21 of the world's top 25 insurers rely on DXC to deliver solutions that allow them to solve essential business challenges and stay focused on delivering mission-critical work. Trusted by 80% of insurers in Fortune's Global 500, DXC helps insurance companies confidently navigate disruption and drive operational excellence. An excerpt of Everest Group's report is available to view here. To learn more about DXC's insurance services, visit our website. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at View original content to download multimedia: SOURCE DXC Technology Company
Cision Canada
29-04-2025
- Business
- Cision Canada
DXC Ranked Top Individual Life Insurance Core Technology Provider by Everest Group
ASHBURN, Va., April 29, 2025 /CNW/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been ranked as a top provider in Everest Group's "Individual Life Insurance Core Technology Products PEAK Matrix ® Assessment 2025: North America." This acknowledgment underscores DXC's leadership in helping insurers modernize their operations to improve the customer experience, optimize business processes, and reduce costs. In a new report by global research and analyst firm Everest Group, DXC's ability to deliver flexible, easy-to-consume software-as-a-service models was highlighted as a key differentiator. DXC serves over 1,000 insurance clients and has processed more than one billion policies on its platforms, representing 10% of the world's premiums. DXC has also been previously recognized by Everest for insurance offerings, most recently in 2024 as a top Life & Annuity Insurance Technology provider. "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. As the industry evolves, we're proud to help our clients stay ahead—setting new standards for what's possible," said Ray August, President, Insurance Software & BPS at DXC Technology. The PEAK Matrix ® is a framework to assess insurance providers' relative market success and overall capability. The assessment is based on a comprehensive evaluation of 14 leading technology providers supporting the industry with administration systems, digital transformation capabilities and next-generation solutions. Leaders are placed based on their market impact, vision, and capability. "DXC Technology's investments in blending deep legacy system expertise with modern, cloud-native SaaS solutions for life and annuity carriers enables it to support scaled policy migrations and transformations," said Vigitesh Tewary, Practice Director at Everest Group. "Its Assure suite, including the cloud-native Assure Life+ offering that supports product deployment and launch across a portfolio of life, annuity, and savings products; AI-powered capabilities across underwriting, claims, and fraud that improve operational efficiency; as well as business process management capabilities on top of its platform have contributed to DXC's positioning as a Leader in Everest Group's Individual Life Insurance Core Technology Products PEAK Matrix ® Assessment 2025 – North America." With over 40 years of innovation in the insurance industry, DXC stands as the leading provider of core insurance systems. 21 of the world's top 25 insurers rely on DXC to deliver solutions that allow them to solve essential business challenges and stay focused on delivering mission-critical work. Trusted by 80% of insurers in Fortune's Global 500, DXC helps insurance companies confidently navigate disruption and drive operational excellence. An excerpt of Everest Group's report is available to view here. To learn more about DXC's insurance services, visit our website. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at
Yahoo
07-03-2025
- Business
- Yahoo
DXC and ServiceNow partner on AI-driven insurance solutions
DXC Technology has joined forces with ServiceNow to provide new offerings aimed at accelerating digital transformation in the insurance industry. The partnership aims to modernise insurance operations by leveraging AI and automated workflows. As part of the partnership, DXC will launch DXC Assure BPM (Business Process Management) powered by ServiceNow. The solution integrates DXC's expertise with ServiceNow's AI capabilities and workflows to improve operational efficiency within the insurance sector. Available for deployment immediately, DXC Assure BPM combines DXC's scale and domain knowledge with ServiceNow's unified platform and data model to streamline processes, reduce manual workload and enhance overall business performance. The solution supports end-to-end insurance operations including policy administration, billing and payments, underwriting and claims management. DXC Assure BPM is said to have the potential to lower operational costs by up to 40% through lowering reliance on manual processing. It also has several key features such as preconfigured workflows built on DXC's insurance industry experience and ServiceNow's AI and workflow technology; seamless integration with the DXC Assure Platform; and an AI-powered self-service portal for policyholders. The solution can also automate policy administration through AI-driven tools that reduce manual back-office tasks. DXC Insurance Software and Business Process Services president Ray August said: 'Our expanded partnership with ServiceNow will combine our deep insurance expertise with ServiceNow's advanced AI workflow technology to drive speed, agility and operational transformation for insurers. Together, we are shaping the future of the insurance industry.' ServiceNow worldwide industries, partners and go-to-market executive vice-president Erica Volini said: 'Unifying ServiceNow's AI and workflows with DXC's deep insurance industry insight has the power to change insurance processes in ways never possible before. 'Together we are helping accelerate transformation across carriers – bringing greater agility and speed to each and every process.' Last month, Allianz PNB Life deployed DXC Technology's cloud-based solution to accelerate the launch of new insurance products to market. "DXC and ServiceNow partner on AI-driven insurance solutions" was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
