DXC Powers ivari's Cloud Transformation of Core Life Insurance Platform
Rhea-AI Summary
DXC (NYSE: DXC) announced on Dec 3, 2025 that ivari has gone live on the DXC Assure Platform in a multi-year modernization with AWS.
The migration moved approximately 732,000 policies from ivari's Ingenium system while processing 4,500 new applications per month, delivered a 22% reduction in operating costs during migration, and enabled the launch of four new insurance products. ivari manages about $96 million in annual premium and ~65,000 applications annually. DXC will continue work to convert remaining end-of-life framework systems to standard DXC offerings to simplify ivari's technology landscape and improve data access.
Positive
- Migrated 732,000 policies to Assure Platform
- Achieved 22% lower operating costs during migration
- Launched four new products during migration
- Processed 4,500 new applications per month concurrently
- Supports ~$96 million in annual premium for ivari
- Migration completed without business disruption
Negative
- Remaining end-of-life framework systems require further conversion to DXC standards
News Market Reaction
On the day this news was published, DXC gained 1.03%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
DXC gained 0.53% with modestly above-average volume, while peers were mixed: ASGN (+2.41%), VNET (+2.21%), FORTY (+1.80%), WNS (+0.10%), and GLOB (-0.18% today) despite a separate AI event with a +7.02% reaction. This points to stock-specific rather than broad sector momentum.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Debt redemption | Neutral | +4.7% | Announced full and partial redemptions of 2026 senior notes. |
| Dec 08 | Executive appointment | Positive | +1.7% | Named a Chief Digital Information Officer to lead digital and AI agenda. |
| Dec 04 | Strategic partnership | Positive | +2.0% | Partnered with Aptys to modernize payments connectivity for U.S. banks. |
| Dec 03 | Client cloud migration | Positive | +1.0% | Enabled ivari’s migration to Assure Platform with lower costs and new products. |
| Dec 02 | Debt offering | Neutral | +1.0% | Priced €650M of 4.250% senior notes due 2030 to refinance debt. |
Recent strategic, client, and financing announcements have generally coincided with positive single-digit price gains.
Over recent weeks, DXC has combined balance sheet actions, leadership changes, and strategic wins. On Dec 2, 2025 it priced €650 million of 4.250% senior notes due 2030, followed by debt redemption plans that saw shares gain up to 4.74%. The ivari cloud migration announced on Dec 3 delivered a 22% operating cost reduction and a 1.03% price move. Additional partnerships and a digital leadership appointment also drew positive reactions, framing a narrative of gradual operational and strategic repositioning.
Market Pulse Summary
This announcement details a significant insurance client milestone: ivari migrated 732,000 policies to DXC’s Assure Platform on AWS while processing 4,500 new applications per month, achieving a 22% reduction in operating costs and launching four new products. In the months around this, DXC also pursued debt refinancing and strategic partnerships. Investors monitoring this story may focus on how such wins translate into segment revenue, margins, and longer-term contract depth.
AI-generated analysis. Not financial advice.
Migration of 732,000 policies to DXC Assure Platform delivers 22 percent lower operating costs, four new products, and a more scalable cloud foundation
This first phase of ivari's digital transformation moves its heritage Ingenium policy administration system onto the DXC Assure Platform, which leverages AWS to provide greater scalability, resilience, and security. The migration enables ivari to streamline operations, accelerate time to market for new life insurance products, and strengthen the digital experiences it delivers to customers and agents.
ivari, which serves the Canadian mass market with individual life insurance, manages approximately
"The life insurance market is changing quickly, and we needed a partner that could help us modernize our core systems without disrupting service to policyholders or our distribution partners," said Scott Gorman, Executive Vice President and Chief Operating Officer at ivari. "By running on Assure Platform and drawing on DXC's insurance expertise, we're gaining efficiency, speed, and a stronger foundation to support our next phase of growth."
The go-live represents a first-of-its-kind migration milestone for ivari, involving the movement of approximately 732,000 policies while concurrently processing 4,500 new applications each month, completed without business disruption. During the migration period, ivari realized a 22 percent reduction in operating costs and successfully launched four new products, demonstrating the resilience and flexibility of the combined Assure Platform and BPS model.
DXC will continue to work with ivari on additional transformation bundles, including plans to convert ivari's end-of-life surrounding framework systems to DXC standard offerings. This roadmap is designed to further simplify ivari's technology landscape, enhance access to data, and support future expansion.
"ivari's success demonstrates how insurers can protect the value of their existing investments while embracing a cloud-powered future," said Ray August, President, Insurance Software and Business Process Services at DXC. "By bringing together our Assure Platform, Ingenium modernization and our full BPS capabilities, we're helping ivari reduce complexity, lower costs, and accelerate product innovation while DXC manages the operations behind the scenes."
With more than 40 years of insurance innovation, DXC is a trusted partner to many of the world's leading insurers, including 21 of the top 25 carriers. Its insurance software and business process services, including the Assure platform, help insurers modernize core systems, move to the cloud, and deliver digital-first experiences for policyholders and distribution partners. To learn more, visit our website.
About DXC Technology
DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We're a trusted operating partner to many of the world's most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.
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SOURCE DXC Technology Company
FAQ
What did DXC announce about ivari on December 3, 2025 (NYSE: DXC)?
How many policies did DXC migrate for ivari and when was the go-live?
What cost savings did ivari report after moving to DXC Assure (DXC)?
How did the migration affect ivari's product rollout and application volume?
What scale of business does ivari operate after the DXC migration?
Will DXC continue work with ivari after the Assure Platform go-live?
