ADP Claims Services Group Announces 100 Percent Renewal of Automotive Insurance Contracts for Fourth Consecutive Year.

Business Editors

SAN RAMON, Calif.--(BUSINESS WIRE)--Oct. 24, 2001

Automatic Data Processing (ADP) Claims Services Group today reported its successful renewal of all automotive insurance clients and contracts for the fourth consecutive year.

Adding to the positive economic performance and revenue growth, the insurance claims services business also increased its total loss transactions by over 20 percent for the year.

"While the industry overall has faced some challenges in this changing economy, ADP's continued growth in the insurance, collision repair, and auto recycling industries demonstrates the success of our commitment to delivering World Class products and services," said Gary Nixon, senior vice president of ADP's automotive claims services. "After reviewing their options, customers continue to chose ADP for a reason. They know they can trust us and rely on the accuracy of our database, along with our continued commitment to World Class Service."

Nixon also attributes the company's success in part to its solid vision and strategy that includes creating industry-integrated products and services that will allow business partners in the automotive recycling, collision repair and insurance industries to work together seamlessly.

"It's a new game with new rules, and technology plays a key role," said Nixon. "We will act as a catalyst for a technology innovation in the claims process. We've built our strategy around this vision."

ADP Claims Services Group, a wholly owned subsidiary of Automatic Data Processing Inc. (NYSE: ADP), is a leading provider of integrated business solutions for clients in the property and casualty, general health, collision repair and automotive recycling industries. ADP, with approximately $7 billion in revenues and over 500,000 clients, is one of the largest independent computing services firms in the world.