BROOKFIELD, Wis. – Fiserv, a leading provider of information management systems and services to the financial services industry, has acquired ReliaQuote Inc., an Internet-based insurance agency and brokerage located in Falls Church, Va. Terms of the agreement were not disclosed. The annualized processing and services revenues for ReliaQuote are about $15 million. ReliaQuote specializes in the marketing and sale of term life insurance policies through the Internet. Its primary market is self-directed insurance shoppers. The company also provides major financial institutions with the infrastructure, including a 100-person support staff, needed to deliver life insurance products to their customers. In a Fiserv release, President/CEO Leslie Muma said Fiserv’s goal “is to provide a growing portfolio of insurance services.”

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