Sammons Financial Group First Insurer to Benefit from Alliance EL SEGUNDO and CARLSBAD, Calif., Aug. 31 – Computer Sciences Corporation (NYSE: CSC) and Document Sciences Corporation (NASDAQ: DOCX) today announced a cooperative marketing agreement under which the policy and forms creation and delivery capabilities of Document Sciences’ xPression have been integrated with CSC’s nbAccelerator and CyberLife software.
The agreement enables CSC’s life insurance and annuity clients to ease compliance and streamline the creation and delivery of policies, contracts, claims correspondence and other documents. The first implementation of this joint solution is for Sammons Financial Group Inc. (SFG), an insurance holding company that has grown rapidly over the past several years both through growth in its core businesses and through acquisition.
“One of our goals with this implementation is to eliminate redundant software and information technology support costs across all of SFG’s insurance subsidiaries,” said Keith Ulrich, project leader for Corporate Output Management at SFG. “We produce in excess of 100,000 print images each week and have been using disparate document automation systems to create and manage this output. We needed a technology solution that integrates well with our new insurance administration system from CSC and are projecting significant ROI from this project.”
CSC’s nbAccelerator (nbA) is the North American insurance industry's most complete new-business work management and risk assessment system, seamlessly integrating the policy issuing process from application to contract delivery. CSC’s CyberLife is a Web-enabled, real-time system that supports both traditional and non-traditional North American life and annuity products. It offers full administrative processing, regulatory support, correspondence, billing and collections, commissions and financial reporting.
Document Sciences’ awarding-winning xPression technology provides content publishing services that integrate with insurers’ existing business workflows to create and deliver both real-time and high-volume regulated insurance communications, such as policies, contracts, letters and other forms, customized for each policyholder.
“CSC is a clear leader when it comes to systems integration and enterprise application development for the insurance industry,” said Jack McGannon, president and chief executive officer of Document Sciences. “Both xPression and nbA use application server technology, ACORD XML standards and Web services. By leveraging these similarities in architecture, we were able to ease integration efforts for the SFG implementation.”
“The dynamic content publishing capabilities of Document Sciences’ xPression enable CSC to help SFG and other insurers streamline delivery of regulated communications, including contracts, within nbAccelerator and CyberLife,” said Darren Klauser, vice president of the Life and Annuities division of CSC’s Financial Services Group.
About Document SciencesDocument Sciences Corporation delivers real-time, interactive content processing services that content-driven organizations depend on to realize productivity benefits, cut costs, and increase competitiveness. Approximately 650 customers worldwide use Document Sciences products in insurance, banking and financial services, managed-care, telecommunications, utilities and commercial print service bureaus. Customers include
more than 60 Fortune 500 companies. Based in Carlsbad, Calif., with regional locations across the U.S. and a European subsidiary in Paris, Document Sciences also markets its products in Australia, Canada, New Zealand, Brazil, Mexico and China. For more information about Document Sciences Corp., visit
www.docscience.com.
About CSCFounded in 1959, Computer Sciences Corporation is a leading global information technology (IT) services company. CSC’s mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 78,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC’s own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.3 billion for the 12 months ended July 1, 2005. For more information, visit the company’s Web site at
www.csc.com.
