CSC announces new delivery options for its insurance billing application, Exceed Billing, which enable carriers to cut implementation and operational costs, expand billing channels, increase payment options, and consolidate billing across multiple market segments and all lines of business.

The Java version is now available as software as a service (SaaS) and accelerates agile implementation in client data centers on a physical or virtualized stack, or on a private cloud. With consumption-based pricing, carriers of all sizes offering property and casualty (P&C), life or health insurance can afford the same functionality and flexibility in billing as any of the nation's largest insurers using Exceed Billing in a traditional IT infrastructure.

"Interest in SaaS from all sizes and types of carriers has grown rapidly, and commoditized, labor-intensive tasks such as billing and collections management are ideally suited for this deployment option," says Chad Hersh, a partner in Novarica's insurance practice. "SaaS may allow smaller carriers to use a modern system and compete more nimbly than they could previously. A SaaS model also allows those carriers to get up and running relatively quickly, even with core systems. SaaS also gives larger companies an alternative option to help move a new product to market quickly."