Willis Sells Third Party Administrator
NU Online News Service, Nov. 11, 11:42 a.m. EST?Willis Group announced the sale of its life and health third-party administrator business to Fiserv, a provider of integrated data processing and information management systems to the financial industry.
Joe Plumeri, the London-based insurance broker's chairman and chief executive officer, said in a statement that as the firm continues to concentrate on its core property-casualty insurance business it is fitting it exits non-core businesses, such as its life and health TPA.
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