Fiserv Advanced Billing in Production at National Indemnity Company

25 July 2008

Fiserv Insurance Solutions, a leading provider of innovative technology, professional services and strategic sourcing options for the insurance industry, announced today that National Indemnity Company moved into production in just five months with the Fiserv Advanced Billing (FAB) solution for property and casualty insurers. Based in Omaha, Neb., National Indemnity Company focuses on insurance for commercial auto and general liability.

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.

“National Indemnity was an ideal partner throughout the implementation with a team that was exceptionally motivated and professional,” said Gary Sherne, president of Property & Casualty Systems Solutions for Fiserv Insurance Solutions. “After thoroughly researching implementation details, they made decisions quickly. It’s rewarding to know that getting this system into production rapidly and successfully has enabled National Indemnity to pursue new business opportunities.”

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