Fiserv: A Winning Combination

In today’s world, business success centers on improving the bottom line and enhancing service quality at the same time. A partner like Fiserv, with offerings for all of your company’s processing needs, can provide advantages when it comes to achieving these objectives.

You benefit in several ways when you work with one supplier for all of your system needs. In addition to reducing integration issues and expenses, you also build a strong, mutually profitable business relationship.

You can also benefit from the substantial success Fiserv has as a technology resource for information management systems in the financial services industry. You can leverage the traditional Fiserv strengths of financial stability and high customer service ratings, and build on current Fiserv capabilities that redefine insurance management and help insurers achieve their business objectives in a challenging environment.

Redefining Insurance Management

Whether your company wants integrated or best-of-breed solutions, Fiserv offers one-stop shopping with a comprehensive set of solutions developed by companies you know and trust. You can use Fiserv systems with confidence, knowing that hundreds of carriers, MGAs, and TPAs already rely on Fiserv solutions to administer policies, claims, and reinsurance. And more than 3,000 companies use Fiserv financial and compliance solutions designed specially for the industry.

Life Insurance

We offer administration software, technical services, outsourcing and processing solutions for life, annuity, and health insurers. The breadth and depth of ID3 provides the automated support required for quality customer service, management reporting, and the rapid introduction of new products. Match the claims processing strength of ID3 with the web-based illustration management of Life Portraits Enterprise for straight through processing.

Property & Casualty Insurance

Fiserv offers component-based property-casualty core processing systems for policy administration, claims, and billing, including Policy STAR, Claims Workstation and Fiserv Advanced Billing. All are Java-based systems that can be implemented individually or together as an integrated system.

The Specialty System in conjunction with the dependable IBM iSeries provides a proven, no hassle product that can be implemented quickly. The Specialty System is a component-based application for complete automation of processing for policy issuance, billing and collection, claims management, and management statistics.

Flood Insurance

Fiserv provides management and consulting services, third-party administration, marketing support, training and system development services. We can also act as as a third-party administrator for companies participating in the National Flood Insurance Program and provide flood policy administration services

Workers Compensation

Fiserv offers both integrated browser-based J2EE solutions and IBM iSeries solutions that enable users to track all information associated with Workers Compensation policies and claims in a seamless environment. These are comprehensive all-in-one systems that take care of your policy administration / underwriting, claims administration, and managed care needs.

Financial Services

Our Financial Services streamline your financial and regulatory processes with client/server solutions that are evolving toward .Net flexibility. The Freedom Reinsurance system gives you a cost-effective method of automating reinsurance administration. The Freedom Annual Statement is a market leader, and the widely-used Freedom Financial Series of insurance-specific applications are tailored to meet the unique reporting and analysis needs of insurers.

Compliance Solutions

Business owners are finding themselves scrutinized across the board for compliance with Federal and State regulations. The USA PATRIOT Act poses new requirements in information gathering and reporting on clients to prevent money laundering and terrorist activities. The states are cracking down on Unclaimed Property reporting and yet filing requirements are subject to continuous change. Automation is the key to timely filing and staying current with changing regulations.

Marketing & Learning

Solutions that enable you to do market and customer base promotion and analysis, train and license your agents, implement a Web site and offer on-line sales support. Life Instructors offers over 100 on-line courses with continuing education (CE) credit, as well as customized courses and curriculums. On-line training is managed through a sophisticated testing, tracking, and reporting system.

Technology You Can Trust

With Fiserv, it’s all about choice. You can choose powerful solutions that increase operational efficiency and directly impact your financial results. Contact us today to learn more about solutions that fit your business.