Mutual Concept Computer Group Inc. congratulates the ‘Farm Mutual Insurance Companies using IBS’ for being selected among the Finalists for the 2013 Insurance.Canada.ca Technology Awards
London, ON (Feb. 26, 2013) – MCCG announces their appreciation to ‘the Farm Mutual Insurance Companies’ for being a finalist in the Insurance.Canada.ca Technology Award. Recognition of these accomplishments will promote continued adoption of technology, which allows the community to do business efficiently while maintaining their number one priority of improving service to their policyholders. The following Mutual Insurance Companies make up the MCCG Client Community:
Ayr Farmers Mutual Insurance
Company Bay of Quinte Mutual Insurance Company
MCCG is looking forward to attending the Insurance Canada Technology Conference on March 18th & 19th along with a number of their clients from the Mutual Community. This conference represents a great opportunity for the community to identify better technologies that can be integrated into their business plans.
“MCCG is playing a key role in ensuring the Mutual Community in Canada continues to adopt and implement technology across their businesses in ways that help their policyholders and distribution networks. Ensuring the community remains agile and progressive with their use of technology are key to both MCCG and our Mutual Client community. Acknowledgement of the Community’s efforts by Insurance Canada and their peers is a great day for our teams,” stated Frank Barretto, President and CEO of MCCG.
“The last twenty years working with the Farm Mutual Community regarding technology initiatives has been a great experience. The business of insurance and insurance information technology has evolved significantly over that time and increasingly requires insurance carriers to be more effective in the processing of information to create efficiencies throughout the insurance landscape. The members of the Farm Mutual Community have addressed this challenge by working together and have successfully managed to pool their collective resources in order to deliver an enterprise software package – the Insurance Business Solution (IBS®). The IBS is a comprehensive and flexible solution that automates and enables the insurance business processes by providing an extensive set of features and functionality including the Paperless Office, Document Management, Enterprise Job Scheduler (EJS), Electronic Banking, Broker Connectivity (i.e. the IBS Insurance Gateway, upload, download, eDocs) as well as many more capabilities that are all delivered within a fully integrated solution. The fact that the Farm Mutual Community has been recognized for this substantial effort and to be part of that journey is a very rewarding experience for myself and the entire team at MCCG,” declared Steve Goris, Vice President of Research & Development at MCCG.
“The IBS solution is powerful and robust, taking care of our needs today. MCCG’s team through R&D and innovative thinking are making sure it meets our needs tomorrow,” stated Alec Harmer, President & CEO of HTM Insurance Company.
“MCCG has worked with our community of mutuals to develop a policy management system that meets all of our back end needs, but more excitingly has added infrastructure to allow us to provide technology to our brokers that is on par or better than that of large carriers. Through user groups, customer collaboration and planning sessions they create a structured Roadmap for the upcoming year that provides for the release of leading edge enhancements to the system each quarter. The team at MCCG have built a great solution, but it is the future that excites them the most!” said Josie Gaffney, Vice President & CIO of North Waterloo Farmers Mutual Insurance Company.
“Grenville Mutual has worked hand in hand with the MCCG team over many years. Our company continually requires leading edge development of our IBS operating system and has progressively supported the implementation of the MCCG Insurance Gateway Project. Our operating platform has enabled us to pioneer on-line policy inquiry, real time auto and residential broker connectivity and automated renewals to name some of our projects. Grenville’s progress is equaled by MCCG’s commitment to delivering high value technology, service and support.
Grenville is proud to initiate and collaborate on many technology advances within our Mutual Community, while also working on leading technology that will be unique within the insurance industry as a whole,” asserted Ross E. Lincoln, President & CEO of Grenville Mutual Insurance Company. “Kings Mutual made the decision to implement IBS in 2001 and have been using MCCG software continuously since 2002. We have been pleased with the responsiveness to our business needs and the consistent refinement of the product over that time,” said Dan Lister, President & CEO of The Kings Mutual Insurance Company (Nova Scotia).
About ‘Farm Mutual Insurance Companies’
There is a strong network of purely mutual insurance companies operating in Canada, commonly referred to as ‘the farm mutuals.’ These are community based property and casualty (P&C) insurance companies that are owned by their policyholders. There are no stockholders. Any surplus either remains in the company’s surplus account or may be refunded to the policyholders – at the discretion of the policyholder directors.
Almost all of these companies are now over 100 years old. They have remained strong and stable throughout the years and have provided solid, reliable service to the communities in which they operate. Canada’s ‘farm mutuals’ provide a broad range of insurance and financial products to participants.
MCCG is an innovative software provider who has a fully integrated insurance back office solution (IBS) successfully implemented in twenty nine Mutual Insurance Companies across Canada. MCCG has a proven track record that can be attributed to a focus on client requirements and product quality. MCCG, established in 1993, is wholly owned by Canadian Mutual Insurance Companies with the mission of providing comprehensive and flexible solutions for its clients. For more information, visit www.mccg.net.
SOURCE: Mutual Concept Computer Group Inc.Tags: Dumfries Mutual Insurance Company, Hamilton Township Mutual Insurance Company (HTM), Howard Mutual, Insurance Business Solution (IBS), Kent & Essex Mutual Insurance Company, Kings Mutual Insurance Company (KMIC), Lambton Mutual Insurance Company, Middlesex Mutual, Mutual Concept Computer Group (MCCG), North Kent Mutual Insurance Company, Ontario Farm Mutuals, Trillium Mutual, West Elgin Mutual Insurance Company (WEMIC), Westminster Mutual Insurance Company