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VP/MS (Visual Product Modeling System) is a family of software components developed by CSC that support product development and product lifecycle management. [1] Insurance companies (among other users in business and IT [2]) use VP/MS to manage the rules, clauses, formulas and calculations associated with savings and both life and non-life insurance products.
Hacktoberfest is an October-long celebration to promote contributions to the free and open-source software communities. In 2020, participants were encouraged to submit four or more pull requests to any public free or open-source (FOS) repository, with a free "Hacktoberfest 2020" T-shirt for the first 75,000 participants to do so. [ 37 ]
In software engineering, inversion of control (IoC) is a design principle in which custom-written portions of a computer program receive the flow of control from an external source (e.g. a framework). The term "inversion" is historical: a software architecture with this design "inverts" control as compared to procedural programming.
PCMS’ software, Atlas, was launched in 1999 and re-architected in 2020. Atlas is a cloud-based platform designed to handle all core processing needs for small to mid-size property & casualty insurance carriers from; underwriting, claims adjudication, billing & accounting, reporting, along with maintaining communication between key insurance stakeholders via a flexible portal. [5]
Business process re-engineering (launched by Michael Hammer in 1993 [34]): a business management strategy focusing on the analysis and design of workflows and business processes within an organization. BPR seeks to help companies radically restructure their organizations by focusing on the ground-up design of their business processes.
Policy-based management [1] [2] [3] is a technology that can simplify the complex task of managing networks and distributed systems.Under this paradigm, an administrator can manage different aspects of a network or distributed system in a flexible and simplified manner by deploying a set of policies that govern its behaviour.
Xchanging is a business process and technology services provider and integrator, owned by DXC Technology, providing business services to the commercial insurance industry. In outsourcing, Xchanging will typically take over a customer's business process, or back office function, and incorporate them into an existing platform.
In February 2014, Mitchell announced plans to acquire FAIRPAY Solutions, a provider of workers' compensation, liability and billing review services. [7] In December 2014, Mitchell announced that it had signed an agreement to acquire Cogent Works, a provider of pharmacy network management services to the automobile casualty and workers' compensation markets.