ACORD/LOMA News Briefs: New Product Configuration Software for Life/Annuities from CSC

By Anthony O'Donnell Senior Editor

Computer Sciences Corp. unveiled Product Accelerator software, which is designed to simplify the creation of life insurance and annuity products. The software gives business experts - rather than software programmers - control of product introduction.It also includes a library of insurance product types that can enable carriers to reduce time to market, according to CSC. Product Accelerator's modeling tools allow users to combine and customize reusable components to quickly configure unique products. The software's configuration console enables collaboration among an insurer's marketing actualrial and IT departments.