Pan-American Life Licenses CSC Insurance Data Model

The model will give the New Orleans-based carrier a consolidated view of essential producer information, both in the U.S. and throughout Latin America, from a variety of sources across the enterprise.

Pan-American Life Insurance Company (New Orleans) has licensed version 3.0 of CSC's Insurance Industry Data Model, which unifies multiple sources of information into a complete, logical representation of data across an insurance enterprise, according to the vendor. Pan-American Life, a provider of individual life and group insurance in the United States and Latin America, will use the model to gain a clear picture of producer activity and productivity, and leverage that information for enhanced decision-making, according to a CSC statement.

The model is an offering within CSC's Insurance Optics suite of business intelligence solutions and is available on a standalone basis or with CSC's data management and governance consulting services. The vendor expanded the model in September 2010 to include what it characterizes as all the necessary attributes for a global insurer, unifying information from all lines of life insurance, annuities, pensions, and property and casualty/general insurance business.

"CSC's Insurance Industry Data Model will help us establish the foundation for a producer data mart, and the backbone for a corporate program we began in 2010 called 'Know Your Producer,'" comments Karen Chauvin, CIO, Pan-American Life. "The data mart will provide a consolidated view of essential producer information -- both in the U.S. and throughout Latin America -- from a variety of sources across the enterprise. The knowledge we gain and share with our producers will result in greater efficiency and better customer service."

CSC's Insurance Industry Data Model, the foundation of the company's Insurance Optics family of business intelligence solutions, has 400 tables spanning more than 35 subject areas that include 7,000 distinct data attributes that can be bundled for licensing, according to the vendor.

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio