CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a leading provider of information technology and business process services, today announced that COUNTRY Financial, a Fortune 1000 insurance and financial services company based in Bloomington, Illinois, will be the first implementation of components of the recently launched Insurance Fusion360 offering. COUNTRY Financial will implement the rating, policy administration and billing components of the offering and CGI will provide delivery and systems integration services. The solution will support all COUNTRY Financial personal lines of business including auto, home and agribusiness.
“We evaluated several vendors and solutions in the P&C software space. It was important for us to select a company that provided not only top-notch software but would also act as true business partner over the life of our implementation,” said Alan Reiss, senior vice president of service operations with COUNTRY Financial.
"U.S. insurance carriers are challenged to find solution partners that combine superior software with world class delivery and integration capabilities. With CGI, COUNTRY Financial will benefit from a truly integrated solution that incorporates CGI’s P&C insurance experience, important for a successful, on-time and on-budget implementation," said Jim Kelsey, Vice-President of CGI.
About Insurance Fusion360
Today’s insurance carriers must be able to react quickly to evolving market and customer demands. CGI’s Insurance Fusion360 delivers best-of-breed capabilities in an integrated and scalable IT platform to help carriers’ manage their most complex insurance lines. With our partners, Adaptik, MajescoMastek, and FINEOS, CGI helps insurers transform their operations, drive efficiencies, and generate growth as experts in all aspects of insurance operations.
About COUNTRY Financial
COUNTRY Financial serves about 1 million households and businesses throughout the United States with a full range of financial products from auto, home and life insurance to retirement planning services, education funding and investment management. About 2,000 financial representatives in 14 Midwestern and Western states help families achieve financial security. COUNTRY ranks 624 on the Fortune 1000 list and is rated A+ Superior by A.M. Best, an independent industry rating company.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI provides end-to-end services with approximately 31,000 professionals located in offices and centers of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, 2012, CGI's annualized revenue was approximately $4.3 billion and its order backlog was approximately $13.1 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
For More Information:
Vice-President, US Communications
Director, Insurance Solutions