DXC Technology Appointed as a Preferred Systems Integrator and a Tier 1 Applications Partner by Zurich

TYSONS, Virginia, USA (ots) - DXC Technology (NYSE: DXC), the world's
leading independent, end-to-end IT services company, today announced
that it has signed an agreement with Zurich Insurance Company Ltd
(Zurich), a leading global, multi-line insurance provider, by which
the parties wish to extend until December 2022 the Master Services
Agreement that will support Zurich's digital transformation
initiatives.

The agreement was originally signed in 2009. With this new extension
that is foreseen to become effective by the end of the year, DXC
Technology will become the Preferred Systems Integrator supporting
Zurich's strategic goal of bringing Zurich's data center environment
to the next level using a "digital-first" approach.

As a centerpiece of its platform transformation journey, Zurich has
turned to the hybrid cloud to deliver innovative applications and
services, enabled by DXC, to more than 210 countries and territories.
DXC has the world's most comprehensive insurance software portfolio,
leadership in insurance business processes services, and significant
capabilities in Cloud, Security, Mobility, Analytics & IoT, and
Applications Management.

DXC will provide Zurich with private cloud as a managed service and
in-life management and integration services for the company's use of
public cloud. With the addition of digital platform and cloud
services delivered by DXC, Zurich's hybrid infrastructure will enable
it to seamlessly integrate new services from many providers and to
support all workloads between private cloud and public cloud.

Thomas Kropp, Group Chief IT Services Officer at Zurich Insurance
Group said: "Market differentiation is key in today's global
insurance market. We need a committed technology partner who can
scale alongside us and support and accelerate our strategy." He
added: "We want to offer our customers innovative, convenient
products and services quickly and cost effectively. Our decision to
extend the contract with DXC signals our ongoing pledge to invest in
the agility and modernization of our systems for our customers."

"True digital transformation requires the ability to deliver
flawlessly today, while at the same time consider new approaches for
tomorrow," said Mike Lawrie, chairman, president and CEO of DXC
Technology. "Done properly, the efficiency gains that come from
next-gen private and public cloud technologies are the foundation for
driving digital transformations at leading companies like Zurich, for
which DXC has been a committed service provider for 13 years."

About the New Agreement

The new agreement will help Zurich to bridge the cloud with some
traditional elements, including the move from legacy systems to
digital platforms. To support Zurich's modernization of its
environment, DXC will eliminate as much of the underlying hardware as
possible with the DXC Agility Platform, which includes
point-and-click tools to provision new workloads and set up cloud
orchestration, governance and security.

Zurich will also move to DXC's hyperconverged private cloud, a
software-defined data center (SDDC) solution that meets scalability
and security requirements at a lower cost. Powered by the DXC Agility
Platform's hybrid cloud management solution, Zurich will be able to
reduce its server provisioning time, reduce costs, and accelerate
development with streamlined DevOps practices.

About DXC Technology

DXC Technology (DXC: NYSE) is the world's leading independent,
end-to-end IT services company, helping clients harness the power of
innovation to thrive on change. Created by the merger of CSC and the
Enterprise Services business of Hewlett Packard Enterprise, DXC
Technology serves nearly 6,000 private and public sector clients
across 70 countries.

The company's technology independence, global talent and extensive
partner network combine to deliver powerful next-generation IT
services and solutions. DXC Technology is recognized among the best
corporate citizens globally. For more information, visit
www.dxc.technology.

About Zurich

Zurich Insurance Group (Zurich) is a leading multi-line insurer that
serves its customers in global and local markets. With about 54,000
employees, it provides a wide range of property and casualty, and
life insurance products and services in more than 210 countries and
territories. Zurich's customers include individuals, small
businesses, and mid-sized and large companies, as well as
multinational corporations. The Group is headquartered in Zurich,
Switzerland, where it was founded in 1872. The holding company,
Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss
Exchange and has a level I American Depositary Receipt (ZURVY)
program, which is traded over-the-counter on OTCQX. Further
information about Zurich is available at www.zurich.com.

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | EUN

print