ASHBURN, Va., Nov. 10, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services and insurance software provider, has been named a Leader in Everest Group's Life & Annuities (L&A) Insurance BPS and Third-Party Administrator (TPA) PEAK Matrix Assessment 2023. This marks the eighth consecutive year that DXC was named a Leader, the highest designation possible, in the report.

Everest Group highlighted DXC's ability to power its BPS with its own proprietary software platform for service delivery. The platform's continuing expansion of capabilities, including API integration, and a growing list of third-party partner integrations, were among the factors leading to DXC's leadership position on the PEAK Matrix.

"DXC Technology leverages strong digital capabilities and strategic partnerships that enable it to effectively navigate the prevailing macro-environment variables," said Abhi Kothari, Practice Director, Everest Group. "It continues to expand its RPA opportunities and has opened a full-service TPA center in Canada to enhance its service offerings. These initiatives collectively have helped reinforce DXC Technology's position as a Leader in Life and Annuities (L&A) Insurance BPS and Third-Party Administrator (TPA) PEAK Matrix Assessment 2023."

Everest Group's report presents an assessment and detailed profiles of 23 L&A Insurance BPS and TPA providers. DXC excelled in the categories of Market Impact, which includes the ability to deliver value to customers, and Vision & Capability, which includes scope of services.

"It is an honor to continue to be recognized for our leadership position in the L&A insurance BPS market by Everest Group," said Ray August, global lead of Insurance Software & BPS, DXC Technology. "With more than 11 million life and wealth policies and contracts under management, we are able to deliver cost-effective, high-quality business process and IT support for virtually any life or wealth product, covering most functions spanning the customer journey."

An excerpt of Everest Group's PEAK Matrix Assessment, including DXC's profile, is available to view here.

All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." These statements represent current expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties, and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2023, DXC's Quarterly Reports on Form 10-Q for the quarterly periods ended June 30, 2023 and September 30, 2023, and any updating information in subsequent SEC filings. No assurance can be given that any goal or plan set forth in any forward-looking statement can or will be achieved, and readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this report or to reflect the occurrence of unanticipated events except as required by law.

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