CSC (NYSE: CSC) today announced that Conseco Services, LLC of Carmel, Ind., has hired CSC to maintain and support two of its insurance administration systems. The five-year agreement enables Conseco to reduce expenses and achieve additional flexibility in the management of two large legacy applications.
CSC’s delivery framework leverages both on- and off-shore technical resources who have deep insurance industry experience and are highly trained in CSC’s intellectual property, one of the broadest portfolios in the industry, as well as in other life insurance software. CSC’s application outsourcing services include: application maintenance, development and enhancement; implementation and conversion services; upgrades and migrations; help desk; and testing.
“We chose to outsource many of the development functions related to two of our large legacy life insurance administration systems to a trusted, experienced provider. This move will reduce our costs and allow us to more effectively manage peak demands for IT services,” said Todd Coombes, chief technology officer at Conseco. “Based on CSC’s proven record in application outsourcing, we also expect this expanded relationship to help us continue to improve service to our agents and policyholders.”
“By working with CSC in this initiative, Conseco will be optimally positioned to support its dynamic needs and opportunities,” said Michael W. Risley, president of CSC’s Life and Annuity Division. “CSC’s application outsourcing services help carriers contain costs and mitigate financial risks in a trusted application environment.
Source:http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100127005179&newsLang=en
