TORONTO MARCH 13, 2008 – MSB, the leading worldwide provider of building cost data and estimating technology to the property insurance industry, and a MacDonald, Dettwiler and Associates (MDA) company, today announces a strategic relationship with CGI Risk Management Services (CGI RMS), Canada’s leading commercial and residential inspection company and a division of CGI Group Inc. (TSX: GIB.A; NYSE: GIB). The relationship authorizes CGI RMS to provide comprehensive training classes on MSB’s industry-leading residential and commercial property valuation tools.
Increased access to authorized training sessions will enable Canadian underwriters and brokers to become more effective and efficient users of MSB’s valuation technologies. The majority of Canadian brokers and carriers rely on MSB’s valuation tools to calculate reliable replacement costs used in the new business quoting and issuing process.
“MSB’s proven valuation technologies have long been a part of the Canadian property insurance marketplace,’ says Peter Morris, Vice President, Canadian Business. “As usage of MSB’s “total-component” valuation tools increases, it is important that brokers have easy access to product training sessions to optimize product usage. CGI RMS offers an authorized training alternative in which brokers can have confidence.”
“Given CGI RMS’s vast expertise and history in the area of property valuations across Canada in both residential and commercial lines, we are uniquely qualified to provide industry training and welcome this extension of our relationship with MSB,” adds Greg McCutcheon, Vice President, CGI Risk Management Services.
Beginning in April 2008, training sessions will be available for MSB’s Residential Component Technology (R) (RCT(R)), RCT High Value (TM), BVS-Commercial (TM), and BVS-Agricultural(TM) valuation applications. All training sessions are accredited for Continuing Education Technical Credits with Registered Insurance Brokers of Ontario (RIBO), Alberta Insurance Council (AIC), and Chambre de L’Assurance de Dommages (CHAD). The sessions, which will be held at CGI RMS’s attractive facilities in Markham or on site in brokers’ offices, are coordinated by MSB.
MSB (formerly known as Marshall & Swift / Boeckh), an MDA company, is the leading supplier of local building cost information, residential and commercial property valuation technology and services for the property and casualty insurance sector in the United States and Canada. MSB has five offices throughout the U.S. and Canada. For information, please contact Marsha Berenson, Media Coordinator, at 800-285-1288, Ext. 2828, e-mail MAILTO:Marsha.Berenson@msbinfo.com, or visit MSB’s Web site at HTPP://www.msbinfo.com.
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
MDA employs more than 3,000 people in locations across the United States, the United Kingdom, and Canada. The Company’s common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.