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Amica Life Insurance Company Chooses Fipsco Life Portraits ES System.


Business Editors

DES PLAINES Des Plaines, city, United States
Des Plaines (dĕs plānz), city (1990 pop. 53,223), Cook co., NE Ill., a suburb of Chicago on the Des Plaines River; inc. 1925. Among its manufactures are chemicals and electronic equipment.
, Ill.--(BUSINESS WIRE)--Sept. 10, 2002

Fipsco, a unit of Fiserv, Inc. (Nasdaq: FISV FISV Fiserv, Inc (stock symbol) ) and a leading developer of life insurance marketing software and solutions, announced that Amica Life Insurance Company has selected Life Portraits(TM) Enterprise Solution (formerly Life Portraits(TM) 2000) to support its life insurance telemarketing programs. Amica Life has been a Fiserv client since 1993, using the ID3 life insurance administration system offered by Fiserv LIS LIS - Langage Implementation Systeme.

A predecessor of Ada developed by Ichbiah in 1973. It was influenced by Pascal's data structures and Sue's control structures. A type declaration can have a low-level implementation specification.
, another unit of Fiserv, Inc.

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.
 Dennis Pfiffner, Vice President of Sales for Fipsco, the Internet-based Life Portraits Enterprise Solution (ES) can be customized to Amica Life's needs, giving the company's call center representatives all the information they need to conduct telephone interviews and complete policy applications with prospective clients.

"We recognized the inherent flexibility of Life Portraits ES," said Dennis Giordano, Senior Assistant Vice President of Amica Life Insurance. "Life Portraits ES will allow Amica Life to take advantage of Fipsco's current technology while freeing us to apply an input methodology best suited to call center telemarketing."

The Life Portraits ES system as customized for Amica Life will consist of core components including life and annuity product illustrations, in-force policy information, needs analysis, electronic applications and a host of unique features geared toward Amica Life's specific marketing requirements.

"Amica Life will use our Internet-based system to cross-sell life insurance products to other sectors of its existing client base," said Pfiffner. "This opportunity showcases the customizable nature of Life Portraits ES by allowing Fipsco to implement an entirely new input capability without altering our underlying calculation and data storage systems."

The life insurance industry's premier straight through processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages.  solution, Life Portraits ES provides a complete straight through processing solution for marketing life, health and annuity products. From needs analysis and illustrations to electronic applications and submissions, Life Portraits ES is available in configurations for desktop, Internet or a hybrid of both, without major cross-platform component duplication.

Amica Mutual Insurance Amica Mutual Insurance is a mutual insurance company founded in 1907 and located in Lincoln, Rhode Island offering primarily auto, home, and life insurance. The company is licensed in 49 US states with most business concentrated in the Northeastern United States, Florida, Texas,  Company, founded in 1907, is a national underwriter of automobile, homeowners, marine, and personal excess liability insurance. Amica provides life coverage through Amica Life Insurance Company, 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.
.

Fiserv, Inc. (Nasdaq:FISV) 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 more than 13,000 financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 providers worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance agents and companies, mortgage banks, and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv also can be found on the Internet at www.fiserv.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 10, 2002
Words:424
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