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Life Health > Life Insurance

Fiserv Reports Higher 1st Quarter Net Income

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NU Online News Service, April 23, 2003, 12:16 p.m. EDT – Fiserv Inc., Brookfield, Wis., is reporting $74 million in net income for the first quarter on $707 million in revenue, up from $65 million in net income on $633 million in revenue for the first quarter of 2002.

Fiserv, which is best known for selling support services to banks, has been trying sell more services to insurers. It recently announced plans to acquire ReliaQuote Inc., Falls Church, Va., a Web-based life insurance broker, and Wausau Benefits Inc., Wausau, Wis., a large benefits administration company.


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