SGI CANADA and CSSI announce real-time data exchange launch

by CSSI

SGI CANADA and CSSI announce real-time data exchange launch

Regina, SK and Virden, MB – SGI CANADA and Custom Software Solutions Inc. (CSSI) are pleased to announce they are piloting integrated rating and realtime new business submission and issuance for personal lines property with brokers in Saskatchewan.

The pilot connects CSSI’s broker management system (BMS), The Broker’s Workstation (TBW), rating service IntelliQuote (IQ) and SGI CANADA’s policy management system, transferring data between the systems in real time using CSSI’s I-Company carrier integration product. The solution improves quoting accuracy, allows for rate updates in real time, rate maintenance efficiencies and agility in responding to market conditions. Quotes can be submitted as new business, and if accepted, a new policy will be returned in real time including the eDocs policy document. The rating and new business policy issuance all happen without ever leaving the broker’s BMS.

With the support of the pilot brokers, SGI CANADA and CSSI are in the process of finetuning the solution to optimize broker workflows. The pilot is the first phase in an overall project which includes quote, new business, policy change, re-instatement, cancellation and renewal transactions in real time not only with CSSI’s BMS, but also soon with Keal and Powerbroker, all starting and ending in the BMS. The solution is designed to adhere to the Insurance Brokers Association of Canada real-time data exchange principles using CSIO standards and will be deployed to all regions where SGI CANADA operates.

“The biggest opportunity that exists for brokers today is to optimize technology within their business,” said Dawn Bloom, Chief Digital and Information Officer for SGI CANADA. “We strive to provide exceptional support and connectivity to help brokers meet their customer needs, which means partnering with vendors like CSSI to make real-time data exchange a reality for them. We’re excited to see this project moving forward and thank CSSI and our broker partners for their support.”

“We are very pleased that SGI CANADA has chosen CSSI’s I-Company product as their BMS integration solution for all BMS vendors,” said Scott Andrew, CEO of CSSI. “SGI 2 CANADA uses a broker-only distribution model, and the choice of I-Company for this critical integration point with SGI CANADA’s brokers validates this commitment by helping deliver real operational efficiencies to the broker.”

For more information, please contact:

Jacy Whyte
Chief Marketing Officer
Custom Software Solutions Inc.
jacywhyte@cssionline.com
204-748-4813

Tyler McMurchy
Manager, Media Relations
SGI CANADA
tmcmurchy@sgi.sk.ca
306-751-1837