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I recently spent an interesting couple of days at the DXC Connect Insurance Executive Forum in London. The event was the last leg of a world tour by the US technology giant that had begun nine months ago and had taken in Australia, Singapore and the United States along the way. DXC Connect was also effectively a relaunch for DXC Technology’s insurance business, which is worth around $1.7bn in terms of annual revenue and remains one of the largest (if not the largest) such operations globally, employing around 20k people.
Crucially, the DXC Connect Insurance Executive Forum could have been subtitled “Back to the future” showcasing as it did, the triumphant return of a number of the respected industry experts who had previously helped build a successful and dominant global operation (under the banner of one of DXC’s major antecedents, CSC). The most influential of these returnees is undoubtedly Ray August, President, Insurance Software and BPS. Ray led CSC’s global Financial Services Group (FSG) between 1998 and 2014. Under his stewardship, FSG employed more than 10k industry experts and grew past $3bn in revenue and over $10bn in bookings.
TechMarketView clients (including UKHotViews Premium subscribers) can learn more by reading our latest UKHotViewsExtra DXC goes back to the future for insurance success. The article highlights some of the key messages that DXC delivered to its clients and partners at the event and outlines the company's future strategy as DXC looks to leverage its vertical domain expertise and subtantial customer base in the insurance sector.
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Posted by Jon C Davies at '07:00' - Tagged: insurance DXC