Computer Sciences Corporation (CSC) has launched Integral, a new software suite for all lines of insurance including policy/group management, product configuration and business analytics capabilities.
According to CSC, the portable Java-based Integral architecture integrates multi-line, multilingual and multi-currency insurance processing for life insurance, annuities/pensions, property and casualty/general insurance and group insurance administration, enabling licensees to implement quickly and operate cost-effectively.
Integral is an outcome of a strategic program to expand the technology platform choices for LIFE/Asia, POLISY/Asia, POLISY/J, LIFE/J and GROUP/Asia family of CSC software.
The company said that Integral is suited for multinational insurance firms seeking a single platform for regional or international operations; and domestic insurance firms wanting to launch a new product without disrupting their existing processing.
In addition, the new software also suits for insurers needing a self-contained insurance administration solution for start-up of new ventures; and multi-line insurers looking for a low-maintenance processing capability for a secondary line of business.
Ray August, president of financial services group at CSC, said: “To aid our expansion into new markets, we have enhanced some of our best regional, multi-line and multi-currency software for platform portability and reuse globally.”