09:38 AM
CSC Unveils Java-based Policy Admin System
CSC has moved into the territory of new-technology systems vendors today through its introduction of a new Java EE compliant version of its POINT IN policy administration solution for property and casualty insurers.
Announced at the company's Connect 2008 Conference in Lake Buena Vista, Fla., POINT IN J was developed in Java programming language to provide insurers with an open systems platform to improve efficiency and help speed new products to market. CSC partnered with Sun Microsystems to certify the new solution on Sun's Solaris operating system.
According to a press release, CSC will provide support for POINT IN J and non-Java versions of the system through its continuous delivery software upgrades. Integrated components of older releases of POINT IN will be compatible with POINT IN J.
The release of POINT IN J gives CSC entree into the growing market for rules-based policy administration platforms and undermines charges that the vendor has placed insufficient focus on the development of newer technology platforms.
"I think this will have an interesting impact on the marketplace," says Matthew Josefowicz, insurance practice director, Novarica (New York). "Many companies have crossed POINT IN off their short lists lately due to the technology stack, and this removes that barrier and puts one of the most broadly functional systems with the largest client base back into play for new deals."
This article includes reporting by Anthony O'Donnell.