Insurance-specific Software Products
In addition to our consulting services, we offer you insurance-specific software products combining the flexibility of an individual solution with the benefits of standard software. CSC products provide cost stability and reduce implementation times. Your benefit: The global use of our products ensures future proofing and investment security.
- CSC Insurance Factory
- Product Lifecycle Management Systems (PLM)
- Point of Sales/Service Solution
- Risk Management Reporting
- New Business Accelerator
- Customer Service Accelerator
- Reinsurance Systems
- Policy Administration Systems
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Further Information:
Visit CSC Global for more information about Insurance.
Details of the product portfolio 
CSC Insurance Factory
The discussion about the industrialisation of the insurance business is fully underway, focusing on the rationalisation processes which are already standard in industrial businesses. With the CSC Insurance Factory, CSC offers insurance companies a business-driven overall solution with state-of-the-art technology.
The CSC Insurance Factory is the key to
- Cost reduction
- Business Process and IT Outsourcing
- Process optimisation
- Innovation and flexibility
- Expansion strategies
- Time-to-market
Top Product Lifecycle Management Systems (PLM)
VP/MS
VP/MS (Visual Product/Modeling System) is the ideal solution to reduce time and approach to new products, minimise costs and proactively manage the integration into a heterogeneous EDP environment. VP/MS allows the handling of product information as well as version and change management.
CSC-printAccelerator
CSC-printAccelerator supports the generation of individual and complex print items by editing documents very comfortably and efficiently, taking into consideration design and data components.
The CSC-printAccelerator manages the context-specific consolidation of data from different application components and edits them in the desired form, e.g., as PDS file. They can control the print result, taking into consideration the actual data in a print preview.
The runtime environment of the CSC-printAccelerator then ensures the editing of the print items independent of the generation platform. The product can be optimally integrated into the VP/MS product family. Top Point of Sales/Service Solution
CSC-posAccelerator
With CSC-posAccelerator, we offer a solution for insurance companies facilitating a fast customer-specific integration platform for different sales channels. The CSC-posAccelerator provides the basic functionalities and standards required for the design and the development of a specific application layer with appropriate domains for the integration of business logic, services for a fast implementation and the linking of GUIs, and pre-defined interfaces for the connection of back-end systems. Top Risk Management Reporting
CSC-RMR
The CSC-RMR (Risk Management Reporter) is a web-based, centrally integrated solution which can be used decentralised and worldwide. It allows a traceable, quality-assured reporting of business-relevant data.
CSC-RMR provides:
- Auditing acceptability
- Extreme form creation flexibility
- Accurate application of the stored mathematical formulas by implicit formula engine
- Option to map the group hierarchy across the reporting-relevant departments, businesses and countries and control the full top-down processing of forms
- Review for variations from specific values
- Formatting of reports in almost any desired form as text of file
CSC-RMR was developed on basis of the relevant banking supervision reports in accordance with Basel 2 and Solvency 2. The reports can be updated by both CSC and customer staff. Top New Business Accelerator
nbAccelerator
The new business Accelerator supports insurance companies in the automated concluding processing of new life insurance business.
The representation of the complete acceptance policies allows a differentiated risk selection and ensures a relief of the underwriting experts. All acceptance polices are mapped in VP/MS. A workflow system ensures the active involvement of the right people at the right time. On the whole, it results in a reduction of lead times from the point of sale to the administration systems. Top Customer Service Accelerator
Customer Service Accelerator
Customer Service Accelerator is our solution for the life insurance sector. Different back-office applications have a standard user interface (e.g., in a call centre) and direct access to the overall customer contact history is provided. In addition, the Customer Service Accelerator supports functionalities, such as image processing, workflow management and business processes in general. This product uses VP/MS to map complex service rules. Top Reinsurance Systems
SICS/nt
SICS/nt is the globally leading application family for the international direct insurance business and the reinsurance industry with more than 70 reference installations around the world.
Thanks to the fully integrated system architecture, all business processes are covered within one software solution. SICS/nt supports all of your business areas and segments and supports the user in the implementation of the current business strategy.
The SICS family provides you with software solutions specialised on the following business areas:
- SICS/nt P&C for the underwritten non-life reinsurance business and, in a customised form, for the administration of direct insurance coverage of international jumbo risks.
- SICS/nt Life for the underwritten life reinsurance business.
- SICS Cede for the passive reinsurance business of the original insurer.
Top Policy Administration Systems
We are the worldwide leading provider of policy administration systems:
LiFE
With more than 100 customers worldwide, LiFE provides a solution especially designed for mid-sized and big insurance companies which use IBM’s i-Series as hardware platform in the long term. In Europe, LiFE is used in 15 different countries. LiFE allows both the administration of individual and collective agreements relating to traditional life insurance and pension insurance products. The administration of new unit-linked products, too, is fully supported. The worldwide good reputation of LiFE is based on its system scope and strength. The system has an overall capacity to administer five million insurance policies.
Polisy/400
Polisy/400 is a convincing policy administration system installed at more than 80 composite and trade insurers in the EMEA Region. It is a solution specially designed for mid-sized and big composite insurance companies using IBM’s i-Series as hardware platform in the long term. In the composite segment, it is the counterpart of our LiFE system.
Graph Talk A.I.A
GraphTalk A.I.A is an integrated global product and policy administration system managing all lines of insurance business: life, pensions, health and general insurance.
Proven in over 100 implementations in more than 25 countries, GraphTalk A.I.A addresses today’s market challenges. It delivers new products to market fast, retains customers and distributors by enabling the delivery of good service, and drives down costs across the enterprise with automated and efficient processes.
GraphTalk A.I.A provides an end-to-end service capability that benefits financial services companies of all sizes – from smaller national insurers to multinationals with implementations across multiple countries supporting a very diverse insurance product line portfolio.
Find out more about GraphTalk A.I.A.
Exceed
Exceed is a proven, globally available product for big composite insurance companies. Exceed allows the flexible use of different components which might be used by customers in connection with policy administration. Due to its extensive business-specific functionalities, Exceed has an outstanding market position. Top