CGI Group, Inc. (TSX: GIB.A; NYSE: GIB), a leader in information technology and
business process services, today announced the product launch of CGI
Edge™ the next generation of CGI’s property and casualty insurance
software. Leveraging leading technologies, CGI Edge uses a web-based, service
oriented architecture, based on the .Net framework, and incorporates Web 2.0
technology. A service-based approach with externalized business rules gives CGI
Edge the power to deliver a highly configurable solution. CGI Edge supports the
complete policy lifecycle, including quoting and issuance, policy
administration, billing, automated reinsurance processing, agency processing,
and management/statistical reporting.
This comprehensive suite of
software provides insurance companies with a competitive advantage in pursuing
increased growth and profitability. CGI Edge gives agents an easy-to-use
web-based interface that allows agents to perform all policy transactions
including quotes, new business, endorsements, payments, and creating a first
notice of loss. Integrated technology enables carriers to act instantly to take
advantage of emerging market opportunities and to respond to their clients’
needs. Users will find CGI Edge easy to modify and configure without the need
for complex and lengthy coding changes.
“CGI Edge gives our agents the
capacity to electronically quote and submit policies for all Personal and
Commercial lines of business. The functionality, technology, and ease of use
that this web-based product brings to our agent/company interface enables a more
service oriented approach to customer service,” said Ron Boyd, President and
CEO, Midwest Family Mutual Insurance Company.
“The primary business
drivers for carriers in this market are profitable growth, managing expenses,
and having the flexibility to quickly respond to market changes and
opportunities. CGI’s vision and commitment to investing in the transformation of
its insurance solutions resulted in the development of CGI Edge,” said Gordon
Gaar, Vice–President, Marketing and Strategy for Insurance, CGI.
About CGI
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 27,000
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 $3.8 billion and at March 31st,
2008, CGI's order backlog was $12.04 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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For more information:
Business
Development
Larry Stern
Vice-President
New England & Insurance
Services
817-348-3335
lawrence.stern@cgi.com
Media
Linda
Odorisio
Vice-President, US
Communications
703-227-6161
linda.odorisio@cgi.com
