CSC licensed its Exceed Billing software to Shelter Mutual Insurance Co. of Columbia, Mo., to boost the cost-effectiveness of its billing services to insurance customers in more than 12 Midwestern and Southern states.
Under the 11-year agreement, Shelter Insurance will implement Exceed Billing, Exceed Disbursements and Exceed Financial Integrator for all lines of business, including life insurance, and personal and commercial P&C insurance, according to CSC.
CSC says that Shelter Insurance chose Exceed Billing to replace an existing P&C legacy system, and will integrate it with multiple policy administration systems, including CSC’s CyberLife software for life insurance administration.
Built on an open, service-oriented architecture, Exceed Billing is described as a scalable, automated, real-time billing system that processes all bill types and lines of business and can interface with any policy administration system regardless of platform.
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