DXC Technology recognized as insurance service providers leader in Property and Casualty Insurance BPO by Everest Group
DXC Technology is honored to have been recognized by consulting and research firm Everest Group as a Leader among P&C insurance BPO service providers. The designation, published in Everest Group’s PEAK Matrix® assessment report, highlights DXC’s experience and capabilities.
Everest Group recently released its report titled “Property and Casualty (P&C) Insurance BPO – Service Provider Landscape with Services PEAK Matrix® Assessment 2020.”
This report analyzed the changing dynamics of the P&C insurance landscape and assesses service providers across several key dimensions. In this report, Everest Group detailed assessments of 21 P&C insurance BPO service providers, based on their vision, capabilities, and market impact, and looked at their relative positioning on the Everest Group PEAK Matrix® for P&C insurance BPO.
Everest Group noted that combined IT/BPS capabilities, a large-scale P&C insurance-focused resource base, and an experience of servicing the most expansive client base positioned DXC as a competitive partner for insurers. DXC continues to have a noteworthy presence in the UK P&C market with its domain knowledge for Lloyd's market participants and localized delivery through Xchanging. Additionally, DXC is complementing its proprietary technology portfolio such as POINT IN with digital-led partnerships such as Duck Creek, IBM Watson, and insurtechs.
As a part of this report, Everest Group updated its classification of 21 P&C insurance BPO service providers on the Everest Group PEAK Matrix® into the three categories of Leaders, Major Contenders, and Aspirants.
The PEAK Matrix® is a framework that provides an objective, data-drive, and comparative assessment of P&C insurance BPO service providers based on their absolute market success and delivery capability.