Director, Media Relations
Director, Media and Analyst Relations
CSC Financial Services Group
Vice President, Investor Relations
CSC Signs Business Process Services Contract with AMERISAFE
News Release -- April 03, 2012
Insurer to Automate Legal Expense Management Operations Using CSC’s Business Process Outsourcing Services
FALLS CHURCH, Va., April 3 – CSC (NYSE: CSC) today announced it signed a three-year business process services contract with AMERISAFE, Inc. (Nasdaq: AMSF), a specialty insurer located in DeRidder, La. Under the agreement, CSC will provide business process outsourcing (BPO) services to manage and automate legal expenditures for AMERISAFE using Legal Bill Analyzer, a component of CSC’s Legal Solutions Suite, strengthening transparency in legal matter planning and communication with outside counsel.
CSC’s customized BPO offering for AMERISAFE includes a range of services, such as bill review, resolution, reporting, invoice management and Web hosting support. The agreement provides a low-risk approach to transforming operations and controlling costs, and encourages constructive collaboration between AMERISAFE and law firms.
“Growing organizations like AMERISAFE are blending components of Legal Solutions Suite with our BPO capabilities to gain measurable efficiencies in legal matter management,” said Jeffery Schwalk, president of CSC’s Property and Casualty Insurance Division. “CSC’s customizable software and services offering ensure transparency for litigated and non-litigated matters by reducing compliance risks and pro-actively managing legal spend, with immediate savings of up to eight percent.”
CSC is a market leader for insurance business process services, offering standardized and virtual Business Process as a Service, traditional customized and dedicated BPO, and scalable staff augmentation. With these options, CSC’s domestic, regional and global clients have the flexibility to move seamlessly from model to model as their business needs change over time. Clients gain streamlined processes, services and systems; accelerated market entry; cost savings; and improved customer satisfaction. For more information about CSC’s Legal Solutions Suite, visit www.csc.com/lss.
AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers in hazardous industries, principally construction, trucking and agriculture. AMERISAFE actively markets workers’ compensation insurance in 33 states and the District of Columbia. For more information, visit www.amerisafe.com.
About CSC in Financial Services
More than 1,200 major banking, insurance, investment and wealth management, and securities firms rely on CSC’s global financial services team to turn their ambitions into realities. With a track record for delivering software, consulting, and IT and business process outsourcing and services at scale, CSC brings a deep understanding of the financial services business and a collaborative culture to one of the industry’s most engaged client communities. For more information, visit www.csc.com/financialservices.
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 98,000 employees and reported revenue of $16.0 billion for the 12 months ended December 30, 2011. For more information, visit the company’s website at www.csc.com.