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FOR FURTHER INFORMATION CONTACT:

Bryan Parker,   (818) 706-0900 x232

 

 

 

 

MI-Assistant and Xcipio, Inc. to Operate as FSC Insurance Solutions

Agoura Hills, Calif., —FSC Insurance Solutions, a business unit of Fiserv, Inc. (Nasdaq: FISV), has announced its plans to integrate its rating divisions, MI-Assistant and Xcipio, Inc., under the FSC Insurance Solutions name beginning January 1, 2006.

According to FSC Insurance Solutions, the move will better serve insurance professionals by forming a combined organization dedicated to agents, brokers and carriers. The company said its action will allow FSC Insurance Solutions to offer a broader array of products and services and make it easier for agencies and carriers to do business with the company.  The integration of all three rating divisions is expected to pave the way for development of new products including a web-based rating system that will provide a mixture of manufactured and real-time rates.

 

Mr. Paul Areida, President of FSC Insurance Solutions, said the company is planning to expand its presence in the industry. "Positioning our brand for future success is part of FSC’s strategy to grow our customer base across the nation."

 

As part of the integration effort, billing notices and marketing materials will reflect the FSC Insurance Solutions name beginning on January 1, 2006. The branding initiative will be administrated in a phased approach with an expected completion date sometime during the second quarter, 2006.

 

 

About FSC Insurance Solutions

FSC Insurance Solutions, a subsidiary of Fiserv, Inc. (Nasdaq: FISV), is a full-service provider of personal lines rating solutions for the insurance industry.  Headquartered in Agoura Hills, Calif, FSC Insurance Solutions provides rating technology systems to more than 6,500 customers nationwide, including independent agents, brokers, insurance companies and managing general agencies.  FSC Insurance Solutions can be contacted at www.fiservfsc.com or by calling FSC’s Customer Support Department at (800) 433-2550.