Financial News

DXC Technology to Manage Insurance Policy Processing for Brighthouse Financial

DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, today announced an agreement to provide insurance business process services (BPS) to Brighthouse Financial, a major provider of annuities and life insurance in the U.S.

Under the terms of the agreement, DXC will administer 1.3 million in-force life policies and annuities contracts and provide processing support for all newly issued policies and contracts.

“We selected DXC as a partner because of the company’s proven experience and scale of services in the North American life insurance and annuities market,” said Kim Berwanger, senior vice president, Brighthouse Financial.

DXC services to Brighthouse Financial will include contact center, operations and IT support, as well as policy administration on DXC insurance platforms.

“We are proud that Brighthouse Financial has selected DXC to provide business process services to support its organization,” said Phil Ratcliff, vice president and general manager, Insurance, DXC Technology. “Insurance BPS remains an important area of investment for DXC. We continue to roll out innovative technology, such as robotics and cognitive capabilities, to augment the broad breadth of services we provide to the market.”

Learn more about DXC’s business process services for Life and Wealth and leadership positions in industry analyst reports.

About DXC Technology

DXC Technology (NYSE: DXC) is the world's leading independent, end-to-end IT services company, serving nearly 6,000 private and public-sector clients from a diverse array of industries across 70 countries. The company's technology independence, global talent and extensive partner network deliver transformative digital offerings and solutions that help clients harness the power of innovation to thrive on change. DXC Technology is recognized among the best corporate citizens globally. For more information, visit dxc.technology.

Contacts:

DXC Technology
Donna Jenks, Corporate Media Relations
+1-630-306-9989
donna.jenks@dxc.com
or
Jonathan Ford, Investor Relations
+1-703-245-9700
jonathan.ford@dxc.com

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