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Products February 12, 2004
BISYS Acquires Career Brokerage
December 26, 2002 (PLANSPONSOR.com) - BISYS, a
provider of financial services outsourcing services, has
announced the acquisition of Career Brokerage, a New
York-based insurance brokerage firm specializing in the
wholesale distribution of insurance products.
Reported by Eric Hazard
Career Brokerage offers wholesale distribution of life, annuity, disability, and long-term care insurance products, which will now be available to BISYS current financial service clients.
The Career Brokerage acquisition is the 16 th insurance-related BISYS has transacted since 1996, according to the press release, and will support BISYS’ strategy to enhance market presence, particularly in New York.
Les Feingold, president, and Chris Scott, executive vice president of Career Brokerage, will join BISYS to provide executive oversight of Career Brokerage’s regional business.