Life and Annuity Firms Shine Spotlight on Legal Cost and Matter Management

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At the ACORD LOMA Insurance Systems Forum 2009, the insurance industry's leading business and technology conference, CSC announced the availability of CSC's Legal Solutions to help life insurance and annuity companies streamline legal cost management and regulatory compliance.

CSC has enhanced its time-tested Legal Solutions software and services to help the life and annuity industry manage a variety of legal challenges efficiently and accurately. Legal Solutions is based on CSC's widely used case management and collaborative bill review software, and global outsourcing and consulting services.

Improving legal matter management

Legal Solutions Suite software helps simplify the billing process, analyze legal expenses, document law firm performance and create a collaborative electronic workspace for budgeting, planning and strategy. It also provides easy-to-use reports and dashboards to keep you better informed throughout your cases, from initial assignment through resolution, and help you identify firms that consistently deliver the best results.

CSC is also making its Legal Solutions consulting services available to life and annuity companies. Services include legal bill reviews and audits, which produces electronically stored information for disclosure within the tight new regulatory time frames.

"Legal Solutions give CSC clients meaningful business insight and a better position to adapt quickly to regulatory changes and focus on managing costs," said Michael W. Risley, president of CSC's Life and Annuity Division. "Companies that can capitalize on their data are the ones that will succeed through improved decision-making and cost management."