CGI SIGNS MIDWEST FAMILY MUTUAL INSURANCE COMPANY AS INSideOUT BETA SITE
CGI Group, Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, today announced that Midwest Family Mutual Insurance Company (Midwest Family) has signed a Statement of Work to become the beta site for the next generation of CGI's INSideOUT software suite. The new product incorporates all of the functionality of INSideOUT but is a complete redevelopment of the software. The new software is web-based, utilizes a .Net framework, and incorporates Web 2.0 technology. CGI's insurance vision and commitment to investing in its insurance solutions, resulted in the development of new release of the software. Midwest Family will be the initial client to test the scope and functionality of the new product.
Midwest Family, established in 1891, is a multiple line property/casualty insurer actively writing Personal and Commercial Lines in seven Midwestern states including: Minnesota, Wisconsin, Illinois, Iowa, Nebraska, North Dakota, and South Dakota.
"The .NET release of INSideOUT gives Midwest Family a competitive advantage with our agents in terms of agent/company interfacing. It gives our agents the benefit of electronically submitting policies for all Personal and Commercial lines of business. In addition, agents will have the advantage of uploading and downloading all new business transactions, endorsements, quotes, and issuance for all lines of business. Real time feedback for new business and endorsement quoting will result in a more service-oriented approach for Midwest Family agents," said Ron Boyd, President and CEO, Midwest Family Mutual Insurance Company. "The combination of improved functionality and technology will position us as leaders in our market space."
"For over a decade, CGI and Midwest Family have worked together to develop and enhance INSideOUT," said Paul Raymond, Senior Vice-President, New England and Insurance Services, CGI. "The .NET release of INSideOUT is the logical progression in our investment for this market-leading solution. We are proud to be recognized as Midwest Family's strategic technology partner, and enable Midwest to be our premier beta site for our new product."
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 26,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.7 billion and at September 30th, 2007, CGI's order backlog was $12.0 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: www.cgi.com.
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