Fiserv Insurance Solutions, a provider of technology and strategic solutions for the insurance industry, has announced the company will be known as StoneRiver beginning March 2. 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," says Mark Damico, president and CEO of Fiserv Insurance Solutions. "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 Trident IV, a private equity fund managed by Stone Point Capital LLC, acquired a 51 percent interest in the insurance businesses of Fiserv, Inc. Fiserv Insurance Solutions will continue to operate under its current name until March 2, when the formal transition to StoneRiver will occur. 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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