Automobile Insurer to Streamline Legal Matter Management as Business Expands
CSC (NYSE: CSC) today announced SafeAuto Insurance Company, a direct-to-consumer property and casualty insurance carrier based in Columbus, Ohio, has licensed CSC's comprehensive legal matter management software, Legal Solutions Suite. SafeAuto, a new CSC client, sells, markets and underwrites state-required minimum-limit personal automobile insurance coverage in 16 states, as well as higher-limit options in multiple states, and has chosen Legal Solutions Suite to manage legal expenses and improve communication with outside counsel as the company expands operations into new geographic regions.
Legal Solutions Suite helps reduce legal expenditures by streamlining and managing collaboration with outside counsel. The software provides detailed data regarding charges, performance and outcomes that will enable SafeAuto to quickly evaluate patterns and trends among law firms and individual attorneys. Legal Solutions Suite also assists with improving transparency and consistency in legal matter planning and bill review.
"As we expand our business across the nation, it is critical to enforce outside counsel guidelines and ensure budget compliance," said Mark LeMaster, senior vice president and general counsel at SafeAuto. "Legal Solutions Suite will help us efficiently manage outside counsel and improve our bottom line through an automated, structured expense management process."
"CSC welcomes SafeAuto to businesses within our active claims and legal client community that are taking advantage of CSC's extensive experience in legal expense management," said Jeffery Schwalk, president of CSC's Property and Casualty Insurance Division. "More than 50 companies from a variety of industries have deployed Legal Solutions Suite, producing immediate savings of up to eight percent of total legal spend."
CSC's Legal Solutions Suite software automates core processes and enables legal or claims organizations to lower expenses, simplify the legal billing process, analyze legal invoices, document outside law firm performance and create a collaborative electronic workspace for budgeting, planning and strategy. Legal Solutions Suite keeps companies better informed throughout case management and helps identify firms that consistently drive superior results. For more information, visit www.csc.com/legalsolutionssuite.
SafeAuto Insurance Company is a property and casualty insurance company based in Columbus, Ohio. Today, the company provides the state-required minimum car insurance coverage to drivers in 16 states including Ohio, Indiana, Kentucky, Georgia, Pennsylvania, South Carolina, Tennessee, Louisiana, Mississippi, Illinois, Missouri, Arizona, Oklahoma, Texas, Virginia, and Kansas. A direct-to-consumer auto insurance company, the mission of SafeAuto Insurance is to "keep you legal for less" – helping motorists obtain high quality yet inexpensive coverage. For more information and for car insurance quotes, visit www.SafeAuto.com.
About CSC in Financial Services
More than 1,200 major banking, insurance, investment and wealth management, and securities firms rely on CSC's global financial services team to turn their ambitions into realities. With a track record for delivering software, consulting, and IT and business process outsourcing and services at scale, CSC brings a deep understanding of the financial services business and a collaborative culture to one of the industry's most engaged client communities. For more information, visit www.csc.com/financialservices.
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 98,000 employees and reported revenue of $16.0 billion for the 12 months ended December 30, 2011. For more information, visit the company's website at www.csc.com.
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Financial Services Group
Director, Media Relations
Vice President, Investor Relations