DXC Technology, a Fortune 500 international expertise companies firm, has introduced the appointment of two new roles for its senior executives on the London Market Joint Ventures, in affiliation with Lloyd’s and the International Underwriting Association.

Chris Halbard, who beforehand was the President of DXC’s enterprise within the EMEA area, will now assume the position of Chief Executive Officer of the London Market Joint Ventures. In this place, he’ll present the management required for the subsequent chapter of the Joint Ventures’ development and growth.

Ray August, President & Global Lead, of DXC Insurance Software and Business Process Services, will be part of the board of the London Market Joint Ventures. August is a market veteran with greater than three many years of expertise in insurance coverage and expertise. He will assist information the Joint Ventures as they ship on their commitments to the Lloyd’s and London insurance coverage markets and broaden their geographic attain to different markets.

Bob James, Chief Operations Officer at Lloyd’s commented on the hires, “Both Chris and Ray have been important and active advocates for the Joint Ventures and the delivery of Blueprint Two. These new appointments strengthen the Joint Ventures as a critical player in the insurance market with the skills and technological capabilities required to drive deep and lasting transformation for London other global insurance markets. Chris, the entire JV Board, the IUA, and Lloyd’s are committed to the successful delivery of Blueprint Two which will enable a Better, Faster, and Cheaper set of services in a digital and cloud-based environment where structured and standardised data is the core of how the market will operate in the future.”

The appointments will assist drive digital transformation for the London and international insurance coverage markets, serving to them to grow to be extra data-first, agile, and safe.

Halbard commented on his rent, “It’s an honour for me to guide the London Market Joint Ventures into the subsequent period as we play a important position in serving to insurance coverage corporations modernize their legacy programs whereas optimizing for the long run with purposes working within the cloud and using the newest AI fashions. It’s an thrilling time for me to guide this amazingly gifted and extremely skilled group to make sure we ship most worth to clients and shareholders.

August added, “Together, with Lloyd’s and the IUA, we are building a data-first, agile and secure London and global specialty insurance marketplace fully aligned with the vision outlined in Lloyd’s Blueprint Two. I’m delighted to assume an increased role and will reinforce a common goal with clear accountability across all stakeholders. Through this ongoing collaboration and teamwork, we will turn this vision into reality.”

Comprising shareholdings of DXC Technology, the International Underwriting Association and Lloyd’s, the Joint Ventures, XIS and XCS, have been offering Business Process Services to the London insurance coverage marketplace for over 20 years, managing over 3.7 million premium and claims submissions yearly.