|
FOR
IMMEDIATE RELEASE
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.
|