NU Online News Service, Jan. 25, 2005, 4:40 p.m. EST
A major Richmond, Va., insurer has licensed a policy administration.[@@]
The insurer, Genworth Financial Inc., will be getting the system from AdminServer Inc., Chester, Pa.
The price of the deal was not available, but AdminServer says Genworth will use the new server system to support expansion of retirement income product sales and the company’s distribution system.