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January 6, 2005

CSC Colossus offers evaluation software to two insurers

Two insurers, Illinois-based Pekin Insurance and a regional property and casualty organization in the Midwest, have licensed Computer Sciences Corporation's Colossus software in an attempt to improve the efficiency of their bodily injury claims processes.

By CBR Staff Writer

Colossus software was selected to gain access to claims data displayed in a business framework for evaluating injuries, treatments, resolution, impairment and general damage settlements. The two companies anticipate that it will help ensure consistent payouts on similar bodily injury claims by reducing the subjectivity in the settlement process.

Colossus is well established among the largest insurers, but mid-range insurers are also looking for fair and streamlined claims processes, said Ed Charlton, vice president of CSC’s Claims, Legal and Self-Insured Solutions. CSC has recently revised Colossus’ pricing and delivery options to bring best practices in claims settlement to this segment of the P&C industry as well.

Colossus is also available as the bodily injury component in CSC’s Exceed, POINT IN and RISKMASTER software solutions.

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