ADP Claims Service Group Purchases Assets from Computer Logic

November 28, 2001

California-based ADP® Claims Services Group announced that it has signed a definitive agreement to purchase substantially all of the assets of ComputerLogic’s® AutoVista ™ claims line of business.

The AutoVista assets will be combined with ADP’s Claims Gateway ™ to provide a broad technology solution to the automotive claims industry. The parties expect to consummate the transaction by year-end.

Claims Gateway is a group of services that provides a communication link among all parties in the automotive claims process, including insurance companies, independent appraisers, collision repairers, automotive recyclers, and their vendors. It helps manage customer claims to bring them to a fast resolution.

AutoVista provides an Internet-based claims processing solution to insurance companies, collision repair facilities, and independent appraisers. It translates estimates and images into an insurance company’s preferred format, and uses secure Internet connections to transfer them to appropriate parties.

Several AutoVista associates will join ADP Claims Services Group as a result of the acquisition.

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