Cedar Rapids--Fiserv Insurance Solutions, a unit of Fiserv, Inc. and an innovative solutions provider for the insurance industry, announced availability of the 1.2 version of Fiserv Advanced Billing, a Web-based system utilizing the J2EE (Java 2 Enterprise Edition) platform.
Fiserv Advanced Billing supports premium billing, cash-to-application management, collections and other key billing processes for insurers. The system also allows acceptance of print images of invoices and their presentation to policyholders for electronic payment via electronic checks, debit cards or credit cards. Noteworthy enhancements in Version 1.2 include further simplification of configuration and new processing flexibility.
"The ultimate goal for any of our core processing systems is to improve operational efficiency as well as to enhance customers' experiences with the insurer," said Tony Perdichezzi, president and CEO of Fiserv Insurance Solutions. "This new version of Fiserv Advanced Billing achieves that goal with many new features that streamline the business processes of the carrier and others that benefit agents and policyholders."
