How Leading IT Executives Cut Costs
[ Source: CAST ]
May 2009-
CAST recently caught up with Kelly Cannon, former Vice President, Shared Application Services at Kaiser Permanente, one of the largest health care insurers in the U.S. Kelly tells us about the current state of IT in the insurance sector, and how senior IT executives are responding to the tough economic conditions by rapidly delivering business benefits.
Key Topics
Eight-Step Guide to Building A World-Class Investment Strategy and Reporting Process
[ Source: Clearwater Analytics ]
March 2009-
During times of market uncertainty, investment profesionals need all of the information they can get to make smart decisions about their portfolios. In today's market investors can't be days or weeks behind in knowing what they own, or they put portfolio investments at risk.
Sunshine State Insurance Rolls Out Internet Services to Agents with CSC’s BPO Operations
[ Source: CSC ]
March 2005-
In 2000, a startup company seized an opportunity to enter the Florida homeowners market. The new company selected CSC’s Business Process Outsourcing services to provide comprehensive back-office services to policyholders and Internet-based services to agents. Sunshine State Insurance needed to rapidly transfer 81,000 homeowners policies to a startup company and grow the business through independent agents. The firm selected CSC's BPO operations, which deliver full back-office services to policyholders and Internet-based services to agents. The ....
Accident Fund Fuels National Expansion with CSC’s Technology, Outsourcing Services
[ Source: CSC ]
March 2008-
Accident Fund chose CSC’s business process outsourcing (BPO) services to expand its business outside of Michigan. In the first five years of Accident Fund’s expansion, the company grew from $203 million in premium in Michigan to nearly $500 million in premium in 43 states — without hiring additional personnel.
Zurich Financial Services Supports Market Leadership Strategy with CSC's Application Outsourcing Services
[ Source: CSC ]
March 2008-
Zurich Financial Services needed to transform operations from a collection of independent business units to a more efficient global business model that could respond more rapidly to growing demands. The firm entered into a $1.3 billion, seven-year outsourcing contract with CSC to outsource both development and support in a record insurance IT deal. As a result, Zurich Financial Services achieved 50 percent more flexibility in software component use, enhanced business processes to support market growth, ....
Cypress Property & Casualty Grows from Startup to Regional Carrier with CSC’s BPO Services
[ Source: CSC ]
April 2008-
CSC’s Business Process Outsourcing (BPO) operations provided full back office support for Cypress Property & Casualty Insurance including call center, billing, accounting, reporting and compliance. Behind the scenes, CSC’s property and casualty BPO operation uses CSC’s POINT IN software, the leading policy administration system for mid-sized companies.
Swiss Re CyberComp Launches Insurance Business in 30 Days with CSC's BPO Solutions
[ Source: CSC ]
March 2008-
Swiss Re Commercial Insurance was challenged to acquire a new business and rapidly re-launch a Web portal for selling workers' compensation insurance. CSC's business process outsourcing (BPO) services enabled Swiss Re Commercial Insurance to launch full back-office services in 30 days, provide full support for agents in 25 states and introduce rapid quoting and policy approval.
Aviva Life Insurance Rapidly Launches Innovative Products, Supports Core Systems with CSC’s Outsourcing Services
[ Source: CSC ]
March 2006-
Aviva Life, the U.S. subsidiary of the world’s sixth-largest insurance group, saw demand growing for indexed annuities and wanted to rapidly introduce a new product to serve that market. CSC provided product development and applications management support for Aviva’s core administration systems, VANTAGE-ONE and LIFE/70. CSC’s VANTAGE-ONE is the industry’s leading system for processing annuities, used by 15 of the top 20 U.S. life insurers. By outsourcing the day-to-day maintenance and some development activities to ....
Western Agricultural Insurance Company Rapidly Launches Commercial Agriculture Insurance Product with CSC’s BPO Services
[ Source: CSC ]
March 2007-
The trend toward vertical integration of farming has created both challenges and opportunities for insurance carriers. Western Agricultural Insurance Company of West Des Moines, Iowa, saw an opportunity to introduce a new integrated insurance product for commercial agriculture, giving policyholders much greater flexibility than anything offered by competitors. Unfortunately, Western Ag’s commercial lines operations weren’t set up to support the company’s new initiatives. The company had grown through mergers, resulting in three different commercial-lines ....
Workers’ Compensation Insurers Expand Nationwide, Launch Innovative Products with CSC’s Outsourcing Services
[ Source: CSC ]
March 2006-
Workers' compensation insurers can grow their businesses by extending online services to agents. This case study shows how CSC has helped workers’ comp carriers expand nationally, extend Web-based services to agents, rapidly deploy innovative products and meet regulatory requirements including NCCI reporting.