DXC Powers ivari's Cloud Transformation of Core Life Insurance Platform

Core Insights - DXC Technology announced the successful migration of 732,000 policies to the DXC Assure Platform for ivari, a Canadian life insurance company, resulting in a 22 percent reduction in operating costs and the launch of four new products [1][1][1] - The migration enhances scalability, resilience, and security, allowing ivari to streamline operations and accelerate time to market for new life insurance products [1][1][1] - The partnership with DXC enables ivari to modernize its core systems while maintaining service continuity for policyholders and distribution partners [1][1][1] Company Overview - DXC Technology is a leading global provider of information technology services, specializing in helping organizations modernize their systems and processes [1][1][1] - The company has over 40 years of experience in insurance innovation and serves many of the world's leading insurers, including 21 of the top 25 carriers [1][1][1] - DXC's offerings include insurance software and business process services that facilitate cloud migration and digital-first experiences for policyholders and distribution partners [1][1][1] Industry Context - The life insurance market is undergoing rapid changes, necessitating modernization of core systems to remain competitive [1][1][1] - The collaboration between DXC and AWS is aimed at driving cloud-enabled modernization across the insurance industry [1][1][1] - The successful migration and operational improvements achieved by ivari serve as a model for other insurers looking to embrace a cloud-powered future [1][1][1]