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28038 Dorothy Drive

2885 S. Calhoun Rd.
Agoura Hills, CA  91301 New Berlin, WI  53151
Contact: Steve Moulios Contact: Marsha Berenson
Phone: 800.433.2550 x304 Phone: 800.285.1288 x2828
E-mail: steve.moulios@fiserv.fsc.com E-mail: marsha.berenson@msbinfo.com

 

News Release

July 24, 2003 

Fiserv FSC, Inc. and Marshall & Swift/Boeckh Sign Agreement Which Extends Discounted Pricing for MS/B's Evaluation Products to FSC Customers

Agoura Hills, CA / New Berlin, WI– Insurance rating software developer Fiserv FSC, Inc. and building cost information systems provider Marshall & Swift / Boeckh (MS/B) announce an agreement that extends discounted pricing on two of MS/B’s total component valuation products to Fiserv FSC customers.  The two products are BVS-Commercial™ and Residential Component Technology (RCT).  Through the agreement with MS/B, Fiserv FSC customers that identify themselves to an MS/B’s sales consultant will be offered favorable pricing on both stand-alone and network copies of the software.

 

“Replacement cost estimation is an integral component in ensuring that risks have obtained adequate coverage,” said James Cook, Vice President of Sales and Marketing at Fiserv FSC, Inc.  “The products offered by MS/B will help our customers more accurately represent their insureds.  We are very pleased that MS/B is offering discounted pricing to our customers who rely on these tools as part of individual risk assessment.”

 

Peter Wells, Senior Vice President of MS/B, commented, “With new technology in the valuation products offered by MS/B, agents can estimate more variations of risks. In addition, each valuation is based on easy to understand property characteristics, and everyone from the consumer to the agent, underwriter and claims adjuster can agree on this ‘once & done’ method to insure properties adequately.”

 

Headquartered in Agoura Hills, California, Fiserv FSC Inc. 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.

 

Marshall & Swift/Boeckh (MS/B), an employee-owned organization with major funding from Boston Ventures, is recognized as a premier provider of local building cost information and estimating systems in the U.S. and Canada. MS/B provides resources to positively and measurably impact each client’s profitability to enable them to better operate their business. For additional information about MS/B products and services, call 800.285.1288 or visit www.msbinfo.com.