CIS Group Announces Acquisition of Advanced Field Services
The CIS Group Will Acquire Advanced Field Services’ Property Inspection Business
10/6/2008 12:00:00 AM
FT. Worth, Texas (October 6, 2008) - The CIS Group, a full service field underwriting company headquartered in Ft. Worth, TX, announced today that it has purchased substantially all the assets of Advanced Field Services, Inc., from its parent company, Eagle Eye Analytics of Columbia, SC. The deal closed on October 3rd, 2008.
"Advanced Field Services core products are a perfect complement to our field underwriting services," according to CIS Group's chief executive, Michael Stanley. "The acquisition will assist all customers by allowing them to focus their total dollar spend more efficiently. More importantly, our clients will do this without sacrificing the integrity of the underwriting process. Translation-a faster, more cost contained underwriting decision."
"The CIS Group will bring greater value to our customers," said Terry R. Wade, president and chief executive officer of EagleEye Analytics. "The CIS Group is the premier provider of property surveys nationally and the acquisition will assure that all of the AFS customers will be embraced by CIS's mission of 'one at a time, on time, every time', to get it right for each and every one of our current clients.
About CIS Group
CIS Group is a leading provider of field underwriting services to the insurance and banking industries. Headquartered in Ft. Worth, Texas, with regional offices in Los Angeles, Chicago, and Atlanta, CIS provides the most comprehensive suite of field reporting services available. With a true national footprint, CIS Group remains committed to providing Best in Breed field inspection surveys throughout all 50 United States. For a closer look, please visit us on the web at www.cisgroup.net.
About EagleEye Analytics
EagleEye Analytics is an insurance solutions company that provides predictive analytics and data information services. EagleEye Analytics enables insurance companies to achieve underwriting excellence, improved growth, and greater profitability by optimizing their risk selection and pricing. EagleEye Analytics was recently included as one of six companies in Beyond the Traditional Short List: Up and Coming Property and Casualty Insurance Technology Firms Class of 2008 a report by Financial Insights, an IDC company. For more information, visit www.eeanalytics.com.
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