American Community Mutual Insurance Finalizes Outsourcing Arrangement with Fiserv NDP.CEDAR RAPIDS Cedar Rapids, city (1990 pop. 108,751), seat of Linn co., E central Iowa, on the Cedar River; inc. as a city 1856. The second largest city in Iowa, it is named for the surging rapids in the river. , Iowa--(BUSINESS WIRE)--Nov. 4, 1998--Fiserv, Inc. announced today that its Fiserv NDP NDP New Democratic Party (Canada) NDP National Development Plan (Republic of Ireland) NDP National Development Plan NDP National Democratic Party (Barbados) unit has completed an agreement with American Community Mutual Insurance Company (ACMIC) to outsource the information technology requirements of ACMIC individual life and specialty products. American Community Mutual Insurance Company, located in Livonia, Michigan Livonia is a city located in the northwest part of Wayne County in the U.S. state of Michigan. As of the 2000 census, the city had a total population of 100,545, making it the eighth largest in the state. , has offered quality life and health insurance products to serve the needs of individuals and groups for over 60 years. American has grown to be a thriving source of comfort for over 200,000 policyholders. Today, with a focus on growth through change, American is implementing programs, restructuring its customer service areas, and unveiling a new corporate identity and communications campaign. "We have chosen Fiserv NDP as a strategic partner in accomplishing these goals of profitable growth and financial stability. The ID3 software will allow us to provide flexible coverages and timely service to our agents and policyholders," said ACMIC President Gerald Meach. "We are very excited about this partnership and the technological advancements it will provide." The ID3 product represents a proven solution currently used for hundreds of thousands of policies and a broad spectrum of life, health, and annuity products throughout the insurance industry. The underlying technical architecture incorporates a relational data model (database) relational data model - (Or "relational model") A data model introduced by E.F. Codd in 1970, particularly well suited for business data management. In this model, data are organised in tables. The set of names of the columns is called the "schema" of the table. , re-usable program logic, and advanced tools, all of which provide for enhanced efficiency and low cost change management. Fiserv NDP, formerly Network Data Processing, was acquired earlier this year by Fiserv, Inc. Fiserv, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FISV FISV Fiserv, Inc (stock symbol) ) is an independent, full-service provider of integrated data processing Noun 1. integrated data processing - automatic data processing in which data acquisition and other stages or processing are integrated into a coherent system IDP automatic data processing, ADP - data processing by a computer and information management systems to the financial industry. As a leading technology resource, Fiserv serves approximately 7,000 financial service providers worldwide, including banks, broker/dealers, credit unions, financial planners/investment advisors, insurance companies, mortgage banks and savings institutions. Headquartered in Brookfield, WI, Fiserv also can be found on the World Wide Web at fiserv.com. |
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