CSC RECEIVES ‘POSITIVE’ RATING IN P&C INSURANCE CLAIMS ADMINISTRATION MARKETSCOPE REPORT
News Release -- July 20, 2009
FALLS CHURCH, Va., July 20 -- CSC (NYSE: CSC) today announced that its Exceed Claims software for tier one property and casualty (P&C) carriers received a "Positive" rating in Gartner's MarketScope for North American Property and Casualty Insurance Claims Administration Systems report, authored by Stephen Forte, a Gartner research director.
CSC is one of five insurance software vendors whose claims administration systems were evaluated by Gartner. Based on the year-end 2008 survey of Gartner customers globally, claims administration remains a top priority in 2009 among P&C insurers. The report includes only systems that provide end-to-end claims administration functionality and have at least 10 claims administration clients in production in North America, among other requirements. Criteria for the ratings include: market understanding, offering strategy, product/service, overall viability, customer experience and sales execution/pricing.
"During the past year, we delivered 15 new functional and architectural enhancements for Exceed Claims through our innovative Continuous Delivery incremental upgrade process," said Jim Cook, president of CSC's Business Solutions and Services Sector. "With deep roots in the insurance industry, CSC continues to invest in advancing its solutions to help our clients achieve operational success today and in the future."
CSC's Exceed Claims is a full-featured solution that provides an integrated approach to complete claims processing. Exceed Claims supports all core claims functions including first notice of loss, policy and coverage verification, automatic assignment of claims, workload management and financial processing. For more information, visit www.csc.com/exceed.
About the Gartner MarketScope
The MarketScope is copyrighted June 9, 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC's advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000 employees and reported revenue of $16.74 billion for the 12 months ended April 3, 2009. For more information, visit the company's Web site at www.csc.com.