DXC Technology, one of the world’s leading Fortune 500 technology services companies, has announced the appointment of two of its senior executives to joint ventures in the London market, in association with Lloyd’s and the International Underwriting Association (IUA).
These appointments will contribute to the digital transformation of the London market and global insurance markets, helping them to become more data-driven, agile and secure, a statement said.
Chris Halbard, previously President of DXC’s EMEA business, will assume the role of Managing Director of London Market Joint Ventures. In this role, he will provide the leadership needed for the next chapter of joint venture growth and development.
Ray August, President and Global Head of Software and Business Process Services at DXC Insurance, will join the London Market Joint Ventures Board. With over 30 years of insurance and technology experience, he will help joint ventures meet their commitments to the Lloyd’s and London insurance markets and expand their geographic reach to other markets.
“It is an honor for me to lead the joint ventures in the London market into a new era, as we play a vital role in helping insurance companies to modernize their legacy systems while ensuring their future proofing with applications that run on the cloud and use the latest models of artificial intelligence, Halbard said. It is an exciting time for me to lead this incredibly talented and highly experienced team to ensure that we deliver maximum value to our customers and shareholders. »
“Together with Lloyd’s and the IUA, we are building an agile and secure London and global specialty insurance market that is data-driven and fully aligned with the vision outlined in Lloyd’s Blueprint Two,” commented Mr. August. I am excited to take on a bigger role and reinforce a common goal with clear responsibility for all stakeholders. Through this ongoing collaboration and teamwork, we will make this vision a reality. »
“Both Chris and Ray have been strong and active advocates for joint ventures and the implementation of Blueprint Two,” said Bob James, Lloyd’s Chief Operating Officer. These new appointments reinforce the role of joint ventures as a critical player in the insurance market, with the skills and technological capabilities needed to drive a profound and lasting transformation of London and other global insurance markets. Chris, the full board of the joint venture, the IUA and Lloyd’s are committed to completing Blueprint Two, which will deliver a better, faster and cheaper set of services in a digital and cloud-based environment, where structured and normalized data are at the heart of the functioning of the market of tomorrow.”
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