Business Editors
SAN RAMON, Calif.--(BUSINESS WIRE)--Jan. 16, 2002
ADP(R) Claims Services Group today announced the completed acquisition of the AutoVista(TM) claims line of business from ComputerLogic(R). The AutoVista assets will be integrated with ADP's Claims Gateway initiative, expanding their technology solution provided to the automotive claims industry and its clients.
"ADP is committed to quickly delivering a broad base of advanced claims management solutions that help those in the automotive claims industry shorten claim cycle time and deliver exemplary service," said Gary Nixon, senior vice president of ADP's automotive claims services. "Now, with AutoVista's technology and web-based resources, we are in a very unique position to quickly deliver this exciting technology."
According to Nixon, this strategic decision resulted from an extensive evaluation of several emerging businesses and their technology solutions. "AutoVista's superior technology and agile development capabilities made it a clear choice for helping us deliver these features and services more quickly," he explained.
AutoVista provides Internet-based claims processing solutions to insurance companies, collision repair facilities, and independent appraisers. ADP's Claims Gateway, a web-based claims management tool, groups products and services together to provide a single communication link among all parties in the automotive claims process, including insurance companies, independent appraisers, collision repairers, automotive recyclers, and their vendors.
"Over the past year, we've devoted significant strategic and financial resources to further develop Claims Gateway. As we continue to implement Claims Gateway, it will act as the backbone for the claims cycle, enabling all participants who touch the automotive claims process to connect at a single point," said Nixon. "We're very excited that the acquisition of AutoVista gives us the impetus we need to accelerate our Claims Gateway initiative."
ComputerLogic, Inc., headquartered in Macon, Georgia, is a leading international provider of technology driven products that facilitate communication, knowledge management, and e-commerce.
ADP Claims Services Group, a wholly owned subsidiary of Automatic Data Processing, Inc. (NYSE:ADP), is a leading provider of integrated business solutions for clients in the property and casualty, general health, collision repair and automotive recycling industries. ADP, with approximately $7 billion in revenues and over 500,000 clients, is one of the largest independent computing services firms in the world.
ADP Claims Services Group is headquartered at 2010 Crow Canyon Place, San Ramon, California 94583; 925/866-1100.
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