NU Online News Service, Feb. 27, 10:31 a.m. – Computer Sciences Corp., El Segundo, Calif., says it has agreed to take over development, maintenance and sales for two major underwriting systems, Magnum and LUS, from Swiss Re Life & Health America Inc., Stamford, Conn.
CSC plans to incorporate the capabilities of Magnum and LUS into its own nbAccelerator life insurance new-business system, the company says.
Swiss Re Life will continue to update the risk-assessment and underwriting information at the heart of the Magnum and LUS underwriting systems, CSC says.