EagleEye Analytics Acquires Advanced Field Services - Insurance News | InsuranceNewsNet

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May 29, 2007
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EagleEye Analytics Acquires Advanced Field Services

 

COEUR D'ALENE, Idaho, May 29, 2007 - Advanced Field Services, Inc. and EagleEye Analytics today announced that EagleEye has acquired Advanced Field Services to provide greater analytical support and services to the financial services and property & casualty insurance industries.

EagleEye Analytics is an emerging leader in predictive analytics, data and information services to the financial services sector, with a now focused emphasis on the property and casualty insurance industry. The addition of Advanced Field Services under the EagleEye Analytics umbrella represents an ongoing commitment to providing the most advanced predictive analytics, unparalleled national information reporting services, and the most innovative technology-based solutions available today.

"By combining the core competencies of EagleEye Analytics and Advanced Field Services, we're able to market advanced products to a broader audience and further strengthen our analytical expertise in the property and casualty industry," said Larry Wilson, Chairman of EagleEye. "We look forward to working together to provide the highest level of analytical accuracy so that we may successfully serve our customers by providing them with the information and analytical tools they need to make better decisions more quickly."

"The merger of our capabilities will enable us to provide more enhanced products and services to our existing clients," said Eric Taylor, Senior Vice President of Eagle Eye Analytics and President of Advanced Field Services. "The only changes that our clients will notice are the even greater opportunities we will be able to provide them through our broader offering of expertise and resources."

Advanced Field Services is a pioneer in developing and deploying technology-based workflow solutions to the property and casualty insurance industry, and was established in 1996. Once classified as a single dimensional "traditional" field service vendor, AFS has successfully transformed itself into a single-source solution provider, with a core capability in delivering top quality paperless field reporting services conveniently packaged with other innovative technology and analytics.

About Advanced Field Services, Inc.

Advanced Field Services (www.afsweb.com) is a leading national provider of traditional and alternative information reporting solutions to the Insurance and Real Estate industries. With nearly 1.5M field surveys completed in 2006, AFS maintains a field force of over 2,000 field reporting professionals. AFS maintains a national presence with numerous regional processing centers and satellite management sites strategically located across the US.

About EagleEye Analytics, Inc.

Dedicated to serving financial services and insurance industries, EagleEye Analytics is an emerging leader of preeminent predictive analytics, data and information services. Part of the Pequot Insurance Technology cluster (www.pequotventures.com), EagleEye Analytics provides the tools and core analytics necessary for its clients to make accurate and informed risk assessments and better decisions.

CONTACT:

W. Lee Bussell
803-254-8158
[email protected], for EagleEye Analytics, Inc.

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