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ADP Claims Solutions Group Reports Record Growth for Autosource `Total Loss' Service.


SAN RAMON San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:

Argentina
  • San Ramón de la Nueva Orán, a city
Costa Rica
  • San Ramón, Costa Rica, the municipality of San Ramón
, Calif.--(BUSINESS WIRE)--Jan. 29, 1999--ADP Claims Solutions Group (CSG CSG - constructive solid geometry ), a leading provider of information services See Information Systems.  for the automotive insurance claims industry, Friday announced record-breaking growth last year for its industry-leading Autosource service for obtaining total loss valuations.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 John Barfitt, president of ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.

(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp.
 CSG: "Autosource experienced exceptional growth in 1998, posting a 45 percent increase in business over 1997. As the fastest-growing total loss valuation service provider, we believe that Autosource has continued to improve its market penetration by providing claims professionals with vehicle valuations derived from the most comprehensive database available in the marketplace today."

Autosource offers valuation, market search and other information services through a variety of electronic and toll-free call-in/fax-in methods. By tapping market information from all available sources, and updating the database daily, Autosource offers users data with superior integrity and delivery methods in order to deliver precise market values.

The Autosource database is the world's largest database of "for sale" vehicle valuation information, with more than 30 million vehicles entered annually.

The database information is continuously updated from ADP CSG's dealer inventory program, which collects information weekly from more than 7,000 dealerships, as well as private-party advertisements in more than 2,700 publications nationwide. The result is the industry's largest database, updated with more than 800,000 vehicles per week.

ADP CSG, with headquarters in San Ramon, is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Automatic Data Processing Same as data processing.  Inc. (ADP). ADP, with more than $4.5 billion in revenues and more than 425,000 clients, is one of the largest independent computing services firms in the world.

ADP CSG provides the property & casualty industry and its business partners with integrated and independent information services for automotive, medical and property claims management in 18 countries.

ADP Claims Solutions Group is located at 2010 Crow Canyon Place, San Ramon, Calif. 94583; 925/866-1100. The company's Web site can be found at http://www.csg.adp.com.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 29, 1999
Words:323
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