BISYS Specialty Programs Becomes 5Star Specialty Programs

MELBOURNE, Fla., July 1 /PRNewswire/ -- BISYS Specialty Programs, a division of BISYS Commercial Insurance Services, today announced that the company has changed its name to Five Star Specialty Programs, a division of Crump Insurance Services, Inc. This change is part of the consolidation of its operations with Crump Insurance Services, announced last August. Crump Insurance Services is part of Crump Group, the nation's largest insurance wholesaler.

The new name and logo were unveiled to employees last week and are being shared with customers this week.

"We have a new name, but we're still the same company that has built a strong reputation over the past 22 years based on our underwriting expertise, carrier relationships and high quality solutions for retail agents," said David Tooley, president of Five Star Specialty Programs. "This organization is well known for specializing in transportation, workers' compensation and professional liability business. Now that we're backed by the combined resources of the Crump and BISYS Commercial operations, we have even more opportunities to pursue new business segments and provide enhanced solutions to our retail partners."

The Five Star name was chosen because of the company's commitment to providing top-notch "five star service" to clients, and due to the legacy within the organization as the original name of its professional liability programs, Five Star Managers. The re-branding campaign includes advertising and a new website, www.5StarSP.com .

About Crump Insurance Services and Five Star Specialty Programs

Crump Insurance Services, Inc. is part of Crump Group, the nation's largest insurance wholesaler. As the commercial insurance division of Crump Group, it is made up of legacy Crump wholesale brokerage locations across the U.S. and in Bermuda, and the former BISYS Commercial Insurance Services operations including Tri-City Brokerage and 5Star Specialty Programs (formerly known as BISYS Specialty Programs). Crump Insurance Services is a market leading independent wholesale distributor of commercial property and casualty (P&C) insurance, linking an extensive network of retail brokers and agents to products provided by over 150 leading P&C insurance carriers. Crump offers specialty underwriting capabilities and supports the wholesale placement of a wide range of specialized commercial insurance solutions, including customized coverage for complex P&C risks, commercial and habitational real estate risks, products liability, high-limit property, catastrophe, and professional and medical liability. Crump's experienced wholesale brokers serve as a single connection point for its retail brokers to access domestic and international insurance companies. Crump offers customized insurance products as well as sophisticated system capabilities. Acting as a program administrator for numerous P&C carriers, 5Star Specialty Programs develops and provides specialty underwriting for commercial insurance programs - including transportation related risks, workers' compensation solutions, professional liability, and more - matching insurance needs and market opportunities with the appropriate coverage. Additional information is available at www.CRUMPins.com and www.5StarSP.com .

About Crump Group, Inc.

Crump Group, Inc. (www.Crump.com) is the largest wholesale insurance distributor in the United States, and one of the leading U. S. providers of recordkeeping and support services to company-sponsored retirement plans. Crump Insurance Services (www.crumpins.com; www.bisyspc.com) is among the largest U. S. providers of wholesale brokerage and specialty programs to the commercial property and casualty insurance industry. Life Insurance Services (www.bisysinsurance.com) is the largest wholesale distributor of services that support the sale of life related insurance and annuity products. Retirement Services (www.bisysretirement.com) is the largest independent administrator for company-sponsored retirement plans, offering every component of retirement plan infrastructure.

SOURCE Five Star Specialty Programs

CONTACT: Jana Rucker, Vice-President - Communications, 5Star Specialty Programs, A division of Crump Insurance Services, +1-321-421-6711, [email protected]