FAB supports billing for personal and commercial lines of business in any combination: agency, account, and group/special billing, with different effective and expiration dates. Built on an open architecture, FAB is a platform-flexible solution using J2EE standards. National Indemnity Company used FAB's configurability to create 40 different payment plans with various installment schedules applicable in specific states.
âNational Indemnity was an ideal partner throughout the implementation with a team that was exceptionally motivated and professional,â said Gary Sherne, president of Property & Casualty Systems Solutions for Fiserv Insurance Solutions. âAfter thoroughly researching implementation details, they made decisions quickly. Itâs rewarding to know that getting this system into production rapidly and successfully has enabled National Indemnity to pursue new business opportunities.â