CGI today announced that Admiral, one of the UK’s leading insurance providers, has signed a five-year contract for services, including the use of CGI’s enterprise rating solution Ratabase® The partnership between the two companies spans over 25 years, and this continued relationship demonstrates Admiral’s confidence in CGI’s products and services.
The contract focuses on the on-going use of Ratabase, CGI’s enterprise rating solution for vehicle and household insurance, which is integrated with Admiral’s core policy administration system, as well as other related services.
“While we’ve worked alongside Admiral since 1995, we’ve always had an annual rolling contract, and this is the first extended agreement we’ve signed. We’re thrilled to continue working closely with Admiral in helping to provide the high level of service their customers associate with the brand. Ratabase will continue to allow Admiral’s distribution channels to process millions of accurately priced transactions every day,” said Paul Wishman, Director, Insurance Sector at CGI.
Ratabase is a modular integration platform which provides insurers, managing general agents brokers, agents, data providers and other industry organisations the ability to control distribution and data enrichment in pricing, risk assessment and underwriting processes. Ratabase has the most extensive installation base of any such solution in the industry, with more than 100 client implementations across all lines of business in the property and casualty, life and accident areas.
“Ratabase is central to allowing us to offer our customers the best insurance for them and we are pleased to extend our contract with CGI,” said Rhodri Charles, Head of UK Motor Pricing & Analytics at Admiral. “As a business, they work incredibly closely with us to address our needs, especially for technical functionality and innovation in pricing and underwriting. It’s been a highly collaborative working partnership, and everyone at Admiral is keen to continue being able to draw upon CGI’s expertise, professionalism and technical innovation.”
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 77,500 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With Fiscal 2019 reported revenue of C$12.1 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
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