DXC Ranked Top Individual Life Insurance Core Technology Provider by Everest Group

Rhea-AI Summary

DXC Technology has been named the top provider in Everest Group's Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025 for North America. The company serves over 1,000 insurance clients and has processed more than one billion policies on its platforms, representing 10% of world's premiums.

The recognition highlights DXC's expertise in providing flexible SaaS models and modernizing insurance operations. Key strengths include their Assure suite with cloud-native Assure Life+ offering, AI-powered capabilities for underwriting, claims, and fraud detection, and comprehensive business process management.

With over 40 years of industry experience, DXC maintains a dominant position in core insurance systems, serving 21 of the world's top 25 insurers and 80% of Fortune Global 500 insurers. The assessment evaluated 14 leading technology providers based on market impact, vision, and capability.

Positive

• Top ranking in Everest Group's Individual Life Insurance Core Technology Assessment 2025
• Serves over 1,000 insurance clients globally
• Processes >1 billion policies, representing 10% of world's premiums
• 21 of top 25 global insurers use DXC's solutions
• 80% market penetration among Fortune Global 500 insurers
• Strong SaaS capabilities with cloud-native solutions
• Consecutive recognition by Everest (2024-2025) shows consistent market leadership

Negative

• None.

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 DXC.com.

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SOURCE DXC Technology Company

FAQ

What recognition did DXC Technology (DXC) receive from Everest Group in 2025?

DXC Technology was ranked as a top provider in Everest Group's Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025 for North America, highlighting their leadership in insurance modernization.

How many insurance policies has DXC Technology processed on its platforms?

DXC Technology has processed over one billion insurance policies on its platforms, representing 10% of the world's premiums, and serves more than 1,000 insurance clients.

What percentage of Fortune Global 500 insurers use DXC's services?

80% of insurers in Fortune's Global 500 use DXC's services, including 21 of the world's top 25 insurers who rely on DXC for core insurance systems.

What are the key features of DXC's Assure Life+ platform for insurers?

DXC's cloud-native Assure Life+ platform supports product deployment across life, annuity, and savings products, featuring AI-powered capabilities for underwriting, claims, fraud detection, and business process management.

How long has DXC Technology been innovating in the insurance industry?

DXC Technology has over 40 years of innovation experience in the insurance industry and stands as the leading provider of core insurance systems.