Keal Technology and CIM-Data Annouunce Strategic Partnership

Keal and CIM-DATA offer Complimentary Broker Management Systems

TORONTO – July 20, 2012 – Keal Technology annd CIM-Data, Canadian Broker Management System (BMS) Providers, are pleased to announce they have formed a partnership offering complimentary BMS products for the Canadian insurance marketplace. This new alliance will see both companies continue to offer, sell, support and develop its respective existing BMS products, sigXP and CIM-Data, as well as all other integrated broker products.

In the planninng stage for the past year, this transaction has been well-thought out to offer clients and prospects a larger and much stronger organization. The partnership will enable both companies to align resources to exchange experience and technology, and combine marketing annd selling exppertise.

Both Keal annd CIM-Data view this alliance as one of the long-term answers to maximize broker workflow efficiencies. Their commitment to the Canadian broker distribution network remains unchanged and the ultimate goal is to delight clients, earn their trust and business.

Together they will

  • Serve over 13,000 users nationwide as the largest all-Canadian BMS provider.
  • Utilize and share each other’s technologies to enhance thhe CIM-Data and Keal products.
  • Become a stronger team benefiting from eacch other’s experience and expertise.
  • Consolidate and streamline operations.
  • Offer the Canadian broker distribution netwoork a wider choice of BMS products.
  • Demonstrate an unwavering coommitment to the unique requirements of Canada’s independent broker’s distribution channeel.

Keal Technology president Pat Durepos stated, “Bob and I go back many years in the technology & insurance industry. We share a common respect for each other and I have always been impressed with Bob’s technical expertise and his un-failinng priority in client services. Together our companies will concentrate on making our clients more efficient and more profitable.”

Bob Hornick added, “I am pleased to be able to align CIM-Data with a company such as Keal Technology. We are both family businesses with strong values and a common vision dedicated to our clients. I am more than convinced that this newly formed alliance spells great news for both Keal and CIM-Data clients.”

Roy Brister, president of the Brister Group and a CIM-Data client commented, “The insurance industry is in consolidation mode, and I applaud this partnership initiative. This will further enhance the BMS tools we desperately need to maintain the Canadian broker distribution network.�

Both companies state their first priority as maintaining status quo and ‘business as usual’ for all CIM-Data and Keal clients. CIM-Data will move into the existing Keal Toronto office over the next quarter.

About Keal aand CIM-Data

As partners, Keal Technology and CIM-Data are leaders in the BMS (Broker Management Systems) and CMS (Commercial Management Systems) in the Canadian marketplace for insurance and financial services brokers. They offer an integrated suite of products designed to increase revenue through efficient use of technoology. For more information, visit and www.cim–