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.

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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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