CSC Launches Insurance Software

August 25, 2004 - (HostReview.com) - Computer Sciences Corporation (www.csc.com) today announced the availability of new releases of its life insurance, annuity, property and casualty (P&C) insurance, and reinsurance software components that implement the company's enterprise integration architecture, CSC e4.

"Having recently overhauled its software portfolio through the development of a new common integration architecture, CSC e4, CSC goes to market with a strong proposition for insurance," technology analyst firm Datamonitor said in its report "European Insurance Technology Opportunities."
CSC e4 uses open standards such as ACORD's standard for the insurance, reinsurance and related financial services industries.

The latest releases of CSC's core insurance administration systems now support CSC e4, including CyberLife STP, FUTUREfirst and VANTAGE-ONE Mid-Tier products for life insurance and annuity providers; Exceed, POINT IN and RISKMASTER for P&C insurers; and SICS/nt for reinsurers.

For life and annuity carriers, CSC has also introduced customer service software, csAccelerator. For P&C insurers, CSC has introduced new CSC e4-compliant releases of CSC's administrative systems and claims and legal components that work together, including CSC's Colossus for bodily injury evaluation.

"CSC continues to invest in research and development to enhance the business value of the industry's most trusted software product brands," said Jim Cook, president of CSC's Financial Services Group. "The CSC e4 architecture and our software products help insurers modernize their business processes while protecting existing investments in people and technology. This makes business process change practical."

With approximately 90,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting.