Computer Sciences Corporation announced the availability of Exceed(TM), a software system available for the property and casualty/general insurance industry. CSC designed Exceed to help large insurers reduce costs, improve service and react quickly to market changes.
Exceed integrates all areas of the insurance enterprise, including policy administration, underwriting, billing, claims, commissions, work management, documents, image archive and business intelligence. It also includes time- saving tools to help business users with product building, rating and work management, reducing the burden on insurers’ technical resources. Insurers can use Exceed’s components independently to extend and enhance the life of their legacy systems or as an integrated technological and functional upgrade of their systems across all lines of their business.
Representing a three-year, $28 million investment, Exceed is a global insurance system which CSC (www.csc.com) developed in collaboration with a leading European insurer, Norwich Union Insurance, and three U.S. carriers: Alfa Mutual Insurance Co., Southern Farm Bureau Insurance Co. and Georgia Farm Bureau Insurance Co.
Norwich Union, the general insurance subsidiary of Aviva Plc, which helped develop Exceed, was an early implementer of the software and now processes two million policies with Exceed. Norwich Union has also made Exceed’s underwriting and policy administration capabilities available on the Web for more than 500 leading insurance brokers across the United Kingdom.
Exceed uses Web browser-based screens, which extend mainframe performance to multiple distribution channels such as call centers, the Internet and mobile devices. Without programming, users can configure screens to provide varying views of the system based on security levels and workflows. Exceed’s architecture uses ACORD-standard XML messaging to isolate technology within processing layers, allowing users to quickly make changes to the software without changing the underlying code.
Exceed also complies with CSC e4, the company’s enterprise integration architecture that unifies application software components, new business process management systems and workflow tools within a single environment.