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FOR IMMEDIATE RELEASE
Fiserv FSC, Inc. Announces the Next Release of CapFSC
a Competitive Analysis Profile Comparative Rater
Accurate,
Windows based Competitive Analysis Rating is Now Available From FSC
Agoura Hills, CA—Fiserv
FSC, Inc. is excited to introduce the newest version of CapFSC, an accurate and
dependable competitive analysis tool for insurance companies and managing
general agencies. CapFSC, a Windows based product that gives insurance
professionals the opportunity to compare their rates against the competition in
a particular territory with specific rating criteria,
takes advantage of the speed and accuracy of the WinFSC rater to generate
a competitive profile specifically designed by the user.
Some of the features of the initial CapFSC
product include three simple data entry screens, a report generator, the ability
to choose from a variety of output fields including premiums, limits,
deductibles, fees, payments, symbols and territories. In addition, you can
determine your market position using statistical tools such as; mean, min, max,
median, and rank and output directly to Excel or to a database such as Access or
SQL. All of the features give the user the ability to compare hundreds, or even
thousands of quotes in a single pass.
The newest
release of CapFSC includes several major enhancements that extend the
functionality and make the system easier to use. Some of the new features
include, the ability to select a
moving target for dollar and percent difference output calculations (combined
with Rank, this feature will allow the user to easily answer the questions like;
“When I am the lowest company, how many dollars am I leaving on the table?”,
“By how many dollars do I have to lower my premium to move up one slot?” and
“How much does my premium differ from the average?”). In addition, there is a
new company name search feature and, a “Show Selected Only” feature has been
added to the Quotes and Companies tabs to assist you in identifying the items
that you have selected. This is especially useful when working with a large
volume of quotes or scrolling through CapFSC’s 700+ market selections.
In addition to these new
enhancements CapFSC is now available for Automobile, Homeowners and Motorcycle
rating in California and Automobile, Homeowners rating in Arizona.
All of these features are wrapped around the
same core rating engine that powers the WinFSC desktop rater, giving you a
platform that has been time tested for accuracy. We
are excited to bring these new features to
the market and we will be enhancing CapFSC on a continual basis. For
more information on this product, please contact Steve Moulios at (800)
433-2550, ext 304.
Fiserv, Inc. (Nasdaq:
FISV) is an independent, full-service provider of integrated data processing and
information management systems to the financial industry. As a leading
technology resource, Fiserv serves more than 10,000 financial services providers
worldwide, including banks, broker-dealers, credit unions, financial
planners/investment advisers, insurance 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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