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FOR IMMEDIATE RELEASE

August 28, 2003

 

Fiserv FSC to Release an Online Insurance Resource Center with Data Integration to WinFSC Comparative Rater Customers

 

Agoura Hills, CA—Fiserv FSC, a unit of Fiserv, Inc. (Nasdaq: FISV), announced today MarketLink, a revolutionary new product designed to provide companies in the insurance industry with a unique marketing medium while offering new products and services to the independent agent community. This new product employs web based technology that enables WinFSC customers to link to a centralized online community where they will be able to offer an entirely new set of products to their prospects and easily obtain various agency services from within the WinFSC comparative rating application.

MarketLink provides an Internet "hot-link" and data integration from the input screens of the WinFSC comparative rater to an insurance carrier or a third party vendor’s web site or online application. The link will allow the WinFSC user to be directed to a company’s online environment for products such as Life Insurance, Mexican Automobile Insurance, Umbrella Insurance, and Motorist Protection Plans on behalf of their insureds. With MarketLink, independent agents will be able to generate new revenue in the form of commissions and/or referral fees. MarketLink also serves as an online vendor showcase allowing agents to obtain new agency services from participating companies including CE courses, property photo services, and computer consulting, shop for an agency management system, obtain P&C appointments or obtain underwriting information from participating carriers.

Robert Meyerson, president, Fiserv FSC, commented, “It has always been our intention to make sure that agents are well positioned to take advantage of new products and services that will enhance their agency offering. The ability to link or transfer data to a third party’s online environment makes it easier for agents seeking to diversify and generate new revenue. MarketLink demonstrates FSC’s commitment to delivering relevant technology focused on making agents increasingly more successful.”

“The ability to offer the #1 comparative rater in California and Arizona as a vehicle to provide thousands of new agent distribution channels to industry-related companies makes MarketLink a unique promotional medium,” said Steve Moulios, director of corporate sales, Fiserv FSC. “Now companies can leverage FSC’s market share to enhance name branding, promotion, lead generation, and sales while delivering new value to the independent agent.”

MarketLink is scheduled for debut in the WinFSC comparative rater in October 2003.

Headquartered in Agoura Hills, California, Fiserv FSC is a full-service provider of personal lines rating solutions for the insurance industry.  As a leader in rating technology solutions, Fiserv FSC provides systems to more than 5,000 customers nationwide including independent agents, brokers, insurance companies and managing general agencies. Fiserv FSC can be contacted at www.fiservfsc.com or by calling Fiserv FSC’s Customer Support department at (800) 433-2550.

Fiserv, Inc. (Nasdaq: FISV) provides industry leading information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing and software and systems solutions.  The company serves more than 13,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-insured employers, lenders and savings institutions.  Headquartered in Brookfield, Wisconsin, Fiserv reported $2.3 billion in processing and services revenues for 2002.  Fiserv can be found on the Internet at www.fiserv.com.

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Steve Moulios                                                                         

Director Corporate Sales                                                         

Fiserv FSC, Inc.                                                                      

(800) 433-2550, ext.304                                                         

steve.moulios@fsc.fiserv.com