Computer Sciences gets 10-yr Chubb deal |
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Thu, 01 Feb 2007 16:44
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EL SEGUNDO, Calif. (AFX) - Computer Sciences Corp. said Thursday it received a 10-year contract from insurance provider Chubb Corp. for its property and casualty insurance outsourcing services.Financial terms weren't disclosed.Warren, N.J.-based Chubb used Computer Science's business process outsourcing services and Point In policy administration system to launch specialized insurance rating, quoting and policy issuance for workers' compensation in 50 states and the District of Columbia in 120 days.Under terms of the agreement, Computer Sciences will provide related ongoing BPO services, including document imaging, independent bureau and National Council on Compensation Insurance reporting, and business intelligence and management reports.Chubb writes high-end homeowners insurance policies and also offers property/casualty insurance to companies.Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Computer Sciences gets $378M contract 