DXC Technology Will increase Concentrate on Insurance Software and Company Method Answers

ASHBURN, Va., March 07, 2022–(Company WIRE)–DXC Technology (NYSE: DXC), a primary Fortune 500 international know-how products and services company, has appointed Raymond August as President, Coverage Program and Business enterprise Method Methods, reporting to Mike Salvino, DXC President and CEO, efficient March 7, 2022.

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Raymond August, President, Insurance policy Program and Business Method Options, DXC Technological innovation (Picture: Organization Wire)

August will guide the growth and expansion of DXC’s insurance coverage software and insurance plan, banking and horizontal business enterprise approach companies (BPS). He will concentration on capitalizing on DXC’s foremost placement in insurance coverage to support prospects speed up and sustain income development, construct and work their digital core, and completely transform their functions.

Revenue for these companies is at present integrated in Purposes and Company System Companies. Starting in the very first quarter of FY23, DXC intends to report these corporations with each other as a different component of DXC’s Worldwide Enterprise Solutions, underscoring our commitment to the insurance plan software and BPS marketplaces.

“This move highlights our administration aim and push to capitalize on our marketplace-main situation in these eye-catching expansion markets,” said Salvino. “Ray is a verified, results-driven chief with a solid observe file of execution. He has excellent market interactions and is deeply highly regarded by our insurance clients.”

A seasoned veteran with nearly four decades of knowledge in the technological innovation business and direct experience in the insurance plan market, August has labored in senior roles at Computer Sciences Corporation (CSC), Coverage Management Methods Corporation and Wonderful Plains Computer software (Microsoft). From 2014 to 2020, he was President and Main Govt Officer of Benefitfocus, a foremost SaaS provider of options to the employee gains, life coverage and health insurance policy sectors.

“It’s a wonderful time to be joining DXC,” August reported. “We are reinforcing our determination to the insurance coverage field, our people today, our DXC Guarantee system tactic and our program portfolio. I appear ahead to making on this basis and delivering for our prospects.”

Dependent in Charleston, South Carolina, August graduated from the University of South Carolina with a BS in Accounting and Management Science. He is currently on the Board of Directors for ACORD Methods Group.

About DXC Technological innovation
DXC Technologies (NYSE: DXC) can help world-wide businesses run their mission vital devices and operations when modernizing IT, optimizing information architectures, and ensuring safety and scalability across general public, private and hybrid clouds. The world’s premier corporations and general public sector companies believe in DXC to deploy companies across the Organization Technology Stack to drive new levels of functionality, competitiveness, and customer working experience. Learn extra about how we produce excellence for our customers and colleagues at DXC.com.

Forward Hunting Statement
All statements in this press release that do not specifically and completely relate to historic information constitute “ahead-wanting statements.” These statements depict latest anticipations and beliefs, and no assurance can be provided that the results explained in such statements will be attained. These types of statements are topic to quite a few assumptions, risks, uncertainties and other things that could result in real results to vary materially from these explained in these kinds of statements, many of which are outside the house of our command. In addition, lots of of these pitfalls and uncertainties are now amplified by and could continue to be amplified by or might, in the long run, be amplified by the coronavirus illness 2019 pandemic and the influence of different non-public and governmental responses that have an impact on our buyers, staff members, suppliers and the economies and communities wherever they run. For a written description of these aspects, see the section titled “Chance Elements” in DXC’s Yearly Report on Kind 10-K for the fiscal 12 months finished March 31, 2021, and any updating information and facts in subsequent SEC filings, such as DXC’s Quarterly Report on Form 10-Q for the quarterly interval finished December 31, 2021.

No assurance can be provided that any intention or strategy established forth in any forward-wanting statement can or will be obtained, and visitors are cautioned not to put undue reliance on such statements, which discuss only as of the day they are made. We do not undertake any obligation to update or release any revisions to any ahead-searching statement or to report any functions or circumstances just after the date of this push launch or to reflect the incidence of unanticipated activities apart from as required by legislation.

Supply: DXC Know-how
Class: Trader Relations

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Contacts

Media
Jim Pasinski, DXC Corporate Media Relations, +1.716-307-5454, [email protected]

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