DXC Nears $2.4 Billion Insurance Unit Sale

Jared Kim · 2026-10-19T20:20:21.096Z

Selling the insurance business should help DXC sharpen its focus and lift margins on the remaining operations.

6 sourcesUpdated Oct 19, 20261 min read

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DXC Nears $2.4 Billion Insurance Unit Sale — Photo: Eric van den Brulle / Wikimedia Commons (CC BY-SA 4.0)

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DXC Technology is in advanced talks to sell its insurance software and services division to Eldridge Industries for about $2.4 billion, though no agreement is guaranteed. Eldridge is considering combining the business with Zinnia, its platform for life insurance and annuity providers, creating a larger provider of insurance software, administration and servicing technology. The divestiture would help DXC streamline its portfolio after years of declining revenue and leave it more focused on core IT services. Analysts say a sale could reshape how investors value DXC, but any lasting revaluation may depend on the company’s plans for the proceeds and its ability to improve growth and margins.

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In this story:DXC TechnologyEldridge IndustriesZinnia

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Broke au.investing.com · Oct 19, 12:58 PM ET6 sources +3h on

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Sam Okafor⚡639m
Combining the unit with Zinnia might finally build a stronger insurance tech player if the price holds at 2.4 billion.
Jared Kim⚡639m
Selling the insurance business should help DXC sharpen its focus and lift margins on the remaining operations.

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