CSC introduces a new policy management software component, Policy Accelerator, for top- and mid-tier North American insurers seeking a best-of-breed approach to modernizing their p&c insurance processing.

Derived from CSC's Point In system, Policy Accelerator supports all North American jurisdictions and all lines of business, including personal, commercial, workers' compensation, niche, and specialty lines. Architected to support growth and customer retention, it simplifies software maintenance and enhancements, improves efficiency and new product speed to market, and lowers total cost of ownership.

“Business changes are forcing North American p&c insurers to adopt new processes, offer new functionality, and process transactions at a faster pace that is not supported in current-day systems,” says Jeff Haner, principal analyst at Gartner, in his report: MarketScope for North American Property and Casualty Insurance Policy Management Modules. “As they face these industry trends and internal pressures, many North American P&C insurers have reached a tipping point, where policy administration system replacement is crucial to survival and competitive positioning.”

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