AdminServer's Policy Administration Solution Licensed by Genworth Financial; AdminServer System to Support Income Products.CHESTER, Pa. -- AdminServer, Inc. announced today that Genworth Financial Genworth Financial is an international financial services organization that offers a portfolio of primarily consumer-focused products through its various companies, including annuities, combination products, investment services, life insurance, long term care insurance, medicare , Inc. (NYSE NYSE See: New York Stock Exchange :GNW GNW Genworth Financial (stock symbol) GNW Good News Week (TV show) GNW Great Northwest GNW Great Northern War (1700-1721) GNW Guns 'n' Wankers (band) ) has licensed AdminServer's policy administration system, further strengthening the company's growing technology platform. 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. Anita Wolters, Genworth's CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for Retirement Income & Investments, "At Genworth we focus on using technology to help us deliver competitive advantage and cost effectiveness. The AdminServer platform shows promise on both fronts." The AdminServer System complements current Genworth capabilities aligned to support the expansion of the company's distribution and growing retirement income product sales. "We look forward to taking full advantage of the system's capabilities and its ongoing enhancements to reinforce our strategic leadership in the marketplace," said Wolters." Chris Doggett, AdminServer's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , noted, "We are pleased to work with a company like Genworth Financial; a smart and strategic organization making decisions based on a combination of forward-thinking product strategies and overall operational efficiency. We look forward to a long and successful relationship with Genworth." About Genworth Financial Genworth (NYSE:GNW) is a leading insurance holding company, serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers, and has operations in 20 countries, including the U.S., Canada, Australia, the U.K. and more than a dozen other European countries. For more information, visit www.genworth.com. About AdminServer, Inc. AdminServer, Inc. is a premier solutions provider for the insurance community. AdminServer has been delivering administrative system solutions, web services, and consulting since 1998. Today AdminServer specializes in solutions for fixed and variable annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. , pensions, immediate annuities, health, and life insurance. To learn more about AdminServer products and services, call 610-619-3100, e-mail info@adminserver.com, or visit the website at www.AdminServer.com. |
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