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, ....

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 ....

Business Process Outsourcing -- An Effective Solution for Managing Producer Licensing [ Source: Kaplan Compliance Solutions ]
May 2008- Insurance organizations and other financial services companies increasingly are seeking efficiencies through Business Process Outsourcing (BPO), the end-to-end outsourcing of a business line or process. Business Process Outsourcing clearly enhances control over business performance, whether by reducing costs, increasing the quality of processes, accelerating transformation throughout a business, creating a more flexible response to sudden external stresses, or through a combination of several benefits. In today’s environment, senior managers face growing pressure from regulators relating ....

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.

Next-Generation Affinity Insurance Marketing via the Web [ Source: IdeaStar, Inc. ]
September 2008- The Affinity insurance distribution model illustrates the ways in which rather complex go-to-market systems can be simplified utilizing technology solutions and the Web. Moreover, Web-enabled technology solutions can be highly effective for the sale of insurance products and services to association members and affinity groups. The solution is robust. however, and requires a great deal of marketing savvy and technological capability. As with any affinity and member-driven organization, the goal is to provide valuable ....

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, ....

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 ....