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.

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.

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