Friday, August 11, 2006

ChoicePoint Buys Steel Card

ChoicePoint has acquired Santa Barbara-based Steel Card LLC, a provider of software for the property and casualty insurance industry, the firm said Thursday. Terms were not disclosed. ChoicePoint said that it will integrate Steel Card and its products into its insurance software and process outsourcing business, Insurity. Steel Card's web-based software is used for insurance policy administration, including Internet quoting and purchasing.

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