Fiserv Insurance Solutions, a provider of technology and strategic solutions for the insurance industry, announced that the company will be known as StoneRiver beginning March 2, 2009.Consolidating all operations under a new, unifying brand name is designed to simplify customer identification of the company. Over the coming months, the Fiserv Insurance Solutions business lines will undergo a name change to reflect the new brand.
"The name StoneRiver was selected because it symbolizes strength and transformation," said Mark Damico, president and CEO of Fiserv Insurance Solutions. "We are a company with strong values, integrity, and thought leadership with a track-record of commitment to long-term successful partnerships and to industry-leading innovation. This is an exciting time for our employees, business partners and our loyal customers. We thank them for supporting our transition and look forward to a productive future together at StoneRiver."
In July, 2008, Fiserv Insurance Solutions announced that Trident IV, a private equity fund managed by Stone Point Capital LLC, acquired a 51 percent interest in the insurance businesses of Fiserv Inc.
Future steps to launch the new brand will include a new logo and corporate Web site, which will be rolled out progressively through 2009.
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