Benzinga | Apr 29, 2021 08:41AM EDT

DXC Technology Announces Zurich Insurance Group Has Extended IT And Security Services Contract With Co.; Financial Terms Not Disclosed

Enhanced renewal agreement provides IT and security services supporting Zurich's IT transformation in the U.S. and Europe

DXC Technology (NYSE:DXC) announced today that Zurich Insurance Group (Zurich) has extended its agreement with DXC to provide IT and security services over the next five years as a vital component of the company's IT transformation. This applications-led infrastructure and application modernization will help Zurich improve its overall customer and employee experience.

As part of the enhanced agreement, Zurich will leverage DXC capabilities across the Enterprise Technology Stack. This will provide Zurich with the ability to deploy applications faster through automation, helping them to introduce new products quickly and at scale, and to improve operational resiliency.

"We put our customers' needs at the center of everything we do. Enhancing and automating our core insurance processes will help us to provide customers with a better experience, whether they purchase a new insurance policy or are filing a claim," said Daniel Englberger, Chief Operating Officer, Group Technology & Operations, Zurich Insurance Group. "DXC's IT and security services, as well as the joint applications-led infrastructure modernization initiative, will contribute to the overall framework powering our digitization strategy."

"Zurich is a valued DXC customer and we welcome the opportunity to be part of the company's global transformational journey," said Mike Salvino, President and CEO, DXC Technology. "We listened carefully to Zurich's needs and are excited to deliver our capabilities across the Enterprise Technology Stack to benefit the company, its people and customers."