CSC and 360Globalnet Join Forces to Advance Digital Insurance Claims Processing

Falls Church, Virginia and London (ots/PRNewswire) -

CSC Expanding Insurance Claims Management Portfolio with
360Globalnet's Digital Claims Technology;

CSC Exclusively Reselling 360Globalnet Self-Service Solutions,
which Reduce Time-to-Settlement and Fraud While Improving
Decision-making

CSC (http://www.csc.com/) (NYSE: CSC), a global leader in
next-generation IT services and solutions, and 360Globalnet
(http://www.360globalnet.com/home), a UK-based digital insurance
solutions provider, today announced a new relationship, which
includes a strategic investment by CSC in 360Globalnet. Together the
companies' innovative solutions will enable insurance companies
worldwide to offer their customers state-of-the-art, self-service
claims processing capabilities, live streaming video capability and
unstructured data technology.

Under the terms of the agreement, CSC will have exclusive
worldwide rights to resell to the insurance industry all 360Globalnet
offerings including the company's advanced digital, cloud-based
claims solutions that let customers easily manage the end-to-end
claims process via the Internet. CSC will also provide systems
integration services for 360Globalnet's self-serve digital claims
technology, which delivers unique and complementary capabilities in
self-service, intelligent systems, smart mobile devices,
live-streaming video, data analytics and fraud detection.
360Globalnet's offerings can shorten the time to claim settlement
from days to hours, while also helping to reduce fraud and equipping
decision makers with improved performance data.

"Insurers have always wanted to make the claim process fast,
claimant-friendly and accurate," said Donald Light, director in
Celent's North American Property/Casualty Practice. "Giving a
claimant digital tools to take charge of a claim should reduce cycle
time, increase claimant satisfaction, lower loss adjustment expenses,
and may even mitigate some instances of fraud."

"Our clients trust us to help lead their digital insurance
transformation, and our collaboration with 360Globalnet will
contribute to our strategy of growing CSC's insurance business and
further extending our portfolio of next-generation solutions," said
Phil Ratcliff, vice president and general manager, CSC's Global
Insurance Industry. "Putting the insurers' customers in control of
their own claims, while delivering an engaging user experience,
improves customer satisfaction and retention rates. By leveraging
data analytics for enhanced fraud detection and forward-looking
market and customer information, we also help insurers reduce costs
and make better-informed business decisions."

"What if everyone involved in the settlement of a claim, from the
first notice of loss to repair, had all the real-time data they
needed in front of them - text, images and video - moments after it
occurred?" asked Paul Stanley, 360Globalnet CEO. "Seamless, real-time
visibility across the claims process is a winning proposition for
insurers that can be implemented with low up-front costs, minimal
disruption to existing software and short implementation times."

Among the new as-as-service capabilities CSC will be reselling
through this new agreement are cloud-hosted web services that enable
policyholders to report and manage their claims online, a video
platform facilitating the capture, secure hosting and dissemination
of videos and images, live video streaming services, as well as a
data analytics package. More information can be found at
http://www.360globalnet.com.

CSC is a leader in the provision of software, services and
outsourcing to the insurance industry. CSC leverages its extensive
software capability to build services and deliver next-generation
technology to insurance industry customers globally helping them
build new digital businesses and transform their current operations.
Learn (http://www.csc.com/insurance/offerings/16257/116061-claims_sol
utions_and_services?ref=ls) more about CSC's claims solutions. Read (
http://www.csc.com/digital_enterprise/insights/135962-key_shifts_mark
_the_path_to_digital_insurance) about CSC's perspective on the key
shifts marking the path to digital insurance.

About CSC

CSC (NYSE: CSC) leads clients on their digital transformation
journeys. The company provides innovative, next-generation technology
services and solutions that leverage deep industry expertise, global
scale, technology independence and an extensive partner community.
CSC serves leading commercial and international public sector
organizations throughout the world. CSC is a Fortune 500 company and
ranked among the best corporate citizens. For more information, visit
us at http://www.csc.com.

About 360Globalnet:

360Globalnet Ltd. is a privately owned UK business, providing
disruptive digital technology and services to insurers and
non-insurers, not only in the UK but also in Europe and the USA. It
numbers FTSE100 and Fortune 500 organizations as clients. It is
award-winning with a reputation for innovation and creativity. The
relationship and investment with CSC provide a stable environment to
further extend its lead in agile, transformational digital
technology.

ots Originaltext: 360Globalnet
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Rich Adamonis
Media Relations
+1-862-228-3481
radamonis@csc.com
Neil DeSilva
Investor Relations
+1-703-641-3000
neildesilva@csc.com
360Globalnet Contacts: Paul Stanley
CEO
+44(0)7710-831184
paul.stanley@360globalnet.com
Nick Montgomery
CFO
+44(0)1883-621000
nick.montgomery@360globalnet.com