CGI Group, Inc. (TSX: GIB.A; NYSE: GIB), a leader in information technology and
business process services, today announced that Harford Mutual Insurance
Companies has gone live with CGI’s rating engine and rate management solution,
Ratabase®. Ratabase provided a more flexible and robust rating engine
to fit into the Harford’s browser-based .Net policy administration and agent
systems.
“Our goal was to move rating to a service oriented architecture
(SOA) environment and Ratabase was a perfect fit,” stated Steve Fabian,
Assistant Vice-President of IT, Harford Mutual. “When we investigated the
market, Ratabase provided the best solution for the SOA environment and it fit
nicely into our .Net direction. Using a line by line rollout approach, we
converted the policy administration rating function followed closely by the
agency portal for online rating and policy submission. Workers Compensation was
our first line and we completed the process from training, requirements, design
and build/test to ‘live’ in 4 months and our agency portal closely followed. The
transition was easy and our people were trained quickly which allowed us to roll
out Business Owners and Commercial Automobile even more efficiently. Our
ultimate goal is to move much of the maintenance from IT to the business side.”
“We are happy to have Harford Mutual join our growing family of Ratabase
customers,” said David Squibb, Vice-President, CGI. “They are a prefect example
of how Ratabase can be implemented quickly to deliver immediate results and
increase speed to market with reduced resource needs.”
About
Ratabase
CGI’s Ratabase is a comprehensive set of tools that empowers
business professionals to build, design, and publish insurance products in the
fastest possible time and manner. Since business users maintain the business
logic, the dependency on IT resources is minimized thus increasing the speed
with which organizations can respond to market needs. Because it is not line of
business specific, Ratabase is successfully implemented by many insurance
organizations to create different and unique product plans. It can be deployed
on a variety of platforms, facilitating integration into systems with broad
processing requirements and distributed architectures, while ensuring consistent
results across platforms.
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.
About Harford Mutual Insurance
Companies
The Harford Mutual Insurance Company, founded in 1842 in
Harford County, Maryland, provides property and casualty insurance products and
services to a regional market. Our efforts allow policyholders to conduct their
business and personal matters with the knowledge that they are protected by a
financially-strong and established insurer. We strive for profitable growth
through a commitment to individualized customer service and by providing the
independent agent with a stable market for quality insurance products.
-30-
For more information:
Business
Development
David Squibb
Vice President
New England & Insurance
Services
978-946-3343
david.squibb@cgi.com
Media
Linda
Odorisio
Vice-President, US
Communications
703-227-6161
linda.odorisio@cgi.com
