Computer Sciences Corporation introduced new versions of two property and casualty insurance software applications, iSolutions Tools and S3+ Billing at ACORD’s 2002 Conference.
Both applications meet CSC’s service-oriented architecture requirements, enabling rapid integration and implementation with clients’ existing systems. The service-oriented architecture, which uses ACORD’s standard XML interfaces, is the backbone of CSC’s P&C, life insurance, annuity and banking solutions. It allows financial services firms to leverage their existing system investments across all channels and devices to consumers, distributors and other users.
The new version of CSC’s iSolutions Tools provides an extensive designer and builder tool-set enabling non-technical users to create browser-based user interfaces, connections to information providers for underwriting data and links to back-end administration systems. P&C insurers can use the tool set to develop and test new insurance products, implement them for rating and quoting on an agent’s desktop, and interface them to back-end systems for final processing.
The newly enhanced S3+ Billing application makes billing functions and data available over the Web to customers and distributors, enabling insurers to provide better customer service at lower cost. S3+ Billing enables P&C insurers to automate their billing requirements.
“These new releases affirm CSC’s leadership and commitment to standards such as ACORD’s,” said Ray August, executive vice president of P&C Solutions for CSC’s Financial Services Group. “Insurers want function-rich, flexible applications that can be rapidly implemented. These applications use advanced technical concepts, such as our service-oriented architecture, to help insurers solve specific business problems quickly, delivering real business value.”
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