Global technology services provider DXC Technology has announced the appointment of Raymond August as President, Insurance Software and Business Process Solutions.
He will lead the development and growth of DXC’s insurance software and insurance, banking and horizontal business process services (BPS).
Revenue for these businesses is currently included in Applications and Business Process Services, but from 2023 DXC intends to report these businesses together as a separate component of its Global Business Services.
August has nearly four decade of experience in the technology and insurance industries, and has worked in senior roles at Computer Sciences Corporation (CSC), Policy Management Systems Corporation and Great Plains Software (Microsoft).
From 2014 to 2020, he was President and Chief Executive Officer of Benefitfocus, a leading SaaS provider of solutions to the employee benefits, life insurance and health insurance sectors.
In his new role, he will report to DXC President and CEO Mike Salvino, who commented: “This move highlights our management focus and drive to capitalize on our industry-leading position in these attractive growth markets.”
“Ray is a proven, results-driven leader with a strong track record of execution. He has excellent industry relationships and is deeply respected by our insurance customers,” Salvino added.
August also commented: “It’s a terrific time to be joining DXC. We are reinforcing our commitment to the insurance industry, our people, our DXC Assure platform strategy and our software portfolio. I look forward to building on this foundation and delivering for our customers.”
