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Reaffirms its commitment to provide Blueprint Two transition services
LONDON, Dec. 12, 2022 /PRNewswire/ -- DXC Technology (NYSE: DXC) has launched its new global digital brokerage platform, DXC Assure Broking, with early adopter Lockton, the world's largest independent insurance brokerage. . Lockton is using DXC's cloud-based platform for its UK retail business, with a view to expanding into other geographies and sectors.
DXC Assure Broking, running on Amazon Web Services (AWS), is an integrated, modular solution for commercial insurance brokers based on the DXC Assure digital platform. It spans business development, policy administration, claims, reporting and analytics, delivering a digital customer experience, reducing costs, increasing efficiencies and accelerating time to market for new products and services. It is the natural successor to the current portfolio of DXC broker solutions: Brokasure Desktop, Brokasure Enterprise and GLOBAL XB.
DXC Assure Broking is supported by Blueprint Two's digital services as part of the core solution to transform the London insurance market. DXC is supporting the Blueprint Two transition with options for digital enablement through a new offering, DXC Assure Market Link, which enables brokers along with specialist and commercial agents to preserve their investment in existing DXC applications.
Ray August, DXC Technology's General Manager of BPS and Insurance Software, said: "Today marks an important milestone for DXC and demonstrates the progress we have made in developing a forward-thinking brokerage platform. Lockton is a valued customer for DXC globally, and I'm delighted to see us further transform this industry with a high caliber pioneer like Lockton.We meet our customers where they are in their transformation journey and we provide them with the support they need to scale up their investments or move to new solutions."
Lockton currently uses the DXC Assure Broking components at various locations in the UK, with the potential to expand across Europe.
"Lockton chose DXC Assure Broking as their long-term strategic solution with the potential to be more widely adopted across Lockton's business," said Simon Coleman, COO of Lockton International. We are delighted to be working with DXC to shape the retail solution that helps us deliver faster time to market and greater value to our customers."
Craig Beattie, Senior Analyst at Celent, commented: "DXC's continued investment in digital solutions for the global insurance industry demonstrates its commitment to the market and provides a roadmap to DXC's broad customer base in the insurance industry. Lockton's ambitions for the platform offer a glimpse of the potential of the new offering."
The first adopters of DXC Assure Commercial and Specialty, which shares the same code base as DXC Assure Broking, will be announced soon.
To execute Blueprint Two, in January 2022, DXC announced an agreement with Lloyd's, the world's leading marketplace for commercial, corporate and specialty risk solutions, and the International Underwriting Association (IUA). DXC is redesigning the entire IT system for the London market, helping it move from a largely paper-based, analogue set of processes to one that is data-centric, automated and cost-effective. The deal is supported by the Lloyd's Market Association (LMA).
About DXC TechnologyDXC Technology (NYSE: DXC) helps global enterprises 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 enterprises and public sector organizations trust DXC to deliver services that drive new levels of performance, competitiveness, and customer experience across all of their IT states. Learn more about how we deliver excellence to our clients and colleagues at DXC.com.
About Lockton What sets Lockton apart is also what makes us better: independence. Lockton's private ownership allows its 7,500 partners, operating in more than 125 countries, to focus exclusively on the risk and insurance needs of their clients. With experience that spans the globe, Lockton offers the in-depth knowledge necessary to achieve extraordinary results.
For 11 consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance." In the year 2022, Lockton was named one of the 100 Best Large Companies to Work For by Best Companies.
Jonathan Batty, DXC Technology, Jonathan.batty@dxc.com
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