The U.S. Federal Emergency Management Agency (FEMA) awarded CSC a five-year extension on its contract as its National Flood Insurance Program (NFIP) Direct Servicing Agent (DSA), the property/casualty software and services company reported today.

The NFIP offers property owners in participating communities an insurance alternative to disaster assistance to address the escalating costs of repairing damage to buildings and their contents caused by flood. As the DSA, CSC provides full flood insurance business process services on behalf of FEMA to insurance agents, policyholders, lenders and other stakeholders, using FloodConnect, CSC's flood insurance processing application. In addition, CSC provides DSA financial and statistical reporting for this five-year contract.

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