CSC says the contract has a seven-year term with options to extend for a further three years. The contract was signed in the second quarter of CSC fiscal year 2013, and services will commence under the new master service agreement on Jan. 1, 2013.
Insurance agencies are still losing time to manual processes, duplicate data entry and disconnected systems, according to Augie's 2026 Connectivity Report.
Insurance companies can close the confidence gap by using driving behavior data to make pricing more personalized and transparent.
As market conditions improve in some areas, carriers may be tempted to loosen those requirements, warns Paul Vacquier, CEO of Beagle Services.
AI drivers respond to potential accidents in a different way than humans do, and it is tough to audit after the fact, according to an industry trade association and an executive of a U.K. insurance platform.
Eighty-five percent of insurance executives said they believe AI will strengthen customer trust but only 40% of policyholders agree, according to The State of AI in P&C Insurance Communication 2026 from Hi Marley.
The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.
