CGI Group, a provider of information technology and business process services, has signed contracts with two insurers in the Midwest and Southern US, to provide a 25-year software license for the policy and claims processing components of the INSideOUT Suite, and a software maintenance agreement.
CGI will be providing the second new client with a hosted solution of the INSideOUT Policy and Claims solution for five years. The structure of the INSideOUT suite will give each company significant control over their long-term strategic direction. CGI will provide IT staff, data center management, and a single source for their property and casualty business requirements. The .NET technical direction of INSideOUT will fit the strategic direction of these clients, and improve speed to market for the new products that these companies will enter into the property and casualty market.
Paul Raymond, senior vice president of CGI’s insurance services unit in the US, said: With over 4,000 CGI professionals serving the insurance sector, CGI is a proven and dedicated expert. We look forward to evolving our solutions and services with the insurance industry, and see these contracts as an opportunity to continue to expand our global presence in the insurance sector.