CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a leading provider of information technology and business process services, today announced that AIPSO selected CGI’s policy and billing administration system, CGI Edge®, in a competitive procurement to start writing commercial auto insurance for three states beginning Q2, 2012. The contract with AIPSO also includes services and maintenance.
“AIPSO is a service provider for various insurance residual market industry groups, and the CGI Edge system provides the comprehensive, scalable, and modern technology platform that we require,” said Charles P. Kwolek, Jr., CPA, CFE, CPCU, AIS, CLU, ChFC, PMP®, Vice-President, Field Operations, AIPSO. “Our organizational strengths will be augmented significantly by CGI’s deep industry expertise and mature system implementation practices, resulting in the delivery of enhanced products and services to our customers.”
“We are thrilled to add AIPSO to the rapidly expanding list of companies that have chosen CGI as their insurance IT partner, and CGI Edge as the policy, billing and claims solution that best meets their current and future business needs,” said Jim Kelsey, Vice-President, Insurance Solutions, CGI. “This exciting partnership continues to reinforce CGI’s commitment to providing the insurance industry, and our clients, with best-in-class solutions, expertise, and results.”
About CGI Edge®
CGI Edge is a web-based solution that provides full processing power for insurance companies. This powerful yet intuitive solution provides extensive, proven functionality, and extreme ease-of-use. A true end-to-end solution, CGI Edge allows insurers to consolidate disparate systems into a single solution that can process all of their business needs. With CGI Edge, insurers can eliminate siloed systems patched together with interfaces, reduce their maintenance costs and free their enterprise to operate from anywhere, any time. CGI Edge also can be delivered as a cloud-service providing an especially cost-effective procurement method for clients with dynamic business environments.
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 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centres of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, 2011, CGI's annualized revenue was approximately C$4.5 billion and its order backlog was approximately C$12.6 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
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