CSC Announces Six New Clients for RISKMASTER Claims and Risk Management Software

Date : 06/11/2007 @ 8:00AM
Source : PR Newswire
Stock : Quality Distribution (MM) (QLTY)
Quote : 4.38  -0.02 (-0.45%) @ 8:00PM
<< BackQuote Chart Financials

 



CSC Announces Six New Clients for RISKMASTER Claims and Risk Management Software

EL SEGUNDO, Calif., June 11 /PRNewswire-FirstCall/ -- Computer Sciences Corporation (NYSE:CSC) today announced that six organizations, including Quality Distribution Inc. (NASDAQ:QLTY), North America's leading tank-truck carrier, have recently licensed RISKMASTER X, CSC's claims and risk management information system. The other clients include two additional self-insured organizations that, like Quality, will use RISKMASTER to manage the property and casualty, and workers' compensation risks associated with manufacturing and shipping materials. In addition, two public entities and one claims management third-party administrator will use RISKMASTER for Web-based tracking and reporting of all claims resulting from an incident.

RISKMASTER X, the latest version of CSC's RISKMASTER software, supports all aspects of claims management -- from first notice of an event or incident to final disposition -- combined with a risk management information system.

In addition to standard general liability, physical damage and workers' compensation risks, shippers have unique liability exposure, including potential claims for environmental, cargo, contamination and trucking damage. In the past, Quality Distribution, whose services span the United States, Canada and Mexico's border states, used multiple systems to manage claims resulting from a single incident. With RISKMASTER, Quality's risk management staff can more easily track and summarize all claims from an event on one Web-based system.

"RISKMASTER will enhance the visibility and transparency of our claims by allowing field operations to access the claim-status information they need directly over the Internet," said Mike McDonald, Quality Distribution's director of Risk Management. "This direct access to claims and risk information can cut our adjusters' time by as much as 25 percent."

"CSC's flexible technology is capable of supporting companies like Quality Distribution and others that have unique liabilities," said Ray August, president of the Property and Casualty Insurance division of CSC's Financial Services Group. "RISKMASTER helps our self-insured clients improve their operational results through increased efficiency and effectiveness in their claims and risk management processes."

RISKMASTER X, which gives managers and front-line users current business and market data via a Web browser, can be installed at the client site or hosted by CSC. More than 15,000 risk and claims specialists use RISKMASTER, making the user group the largest users' community of any independent risk management software.

About Quality Distribution Inc.

Headquartered in Tampa, Florida, Quality Distribution Inc., through its subsidiary, Quality Carriers Inc., and through its affiliates and owner-operators, provides bulk transportation and related services. The Company also provides tank cleaning services to the bulk transportation industry through its QualaWash facilities. Quality Distribution Inc. is an American Chemistry Council Responsible Care Partner and is a core carrier for many of the Fortune 500 companies that are engaged in chemical production and processing.

About CSC

Computer Sciences Corporation is a leading global information technology (IT) services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.

With approximately 77,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.7 billion for the 12 months ended Dec. 29, 2006. For more information, visit the company's Web site at http://www.csc.com/.

DATASOURCE: Computer Sciences Corporation

CONTACT: Jackie VanErp, Vice President, Marketing, Financial Services

Group, +1-512-275-5844, , or Janet Herin, Manager, Media

Relations, Corporate, +1-310-615-1693, , both of Computer

Sciences Corporation

Web site: http://www.csc.com/

<< Back


Quality Distribution (MM) Historical Chart Quality Distribution (MM) Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
32 site:2us 080905 21:40 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )