PRESS RELEASE
FOR IMMEDIAT PUBLICATION
C-SURANCE.CA is a finalist for the Octas 2007 awards
LAVAL, April 7th 2007 – MDI receives peers recognition in the TECHNOLOGICAL INNOVATION category of the most important Quebec IT award.
OCTAS finalist for their “Group Benefit and Insurance management process reengineering”, the Laval enterprise is proud of this acknowledgement of the C-surance.ca services.
“C-surance.ca reflects more than 10 years of R&D and millions in investments with the sole mission of optimizing processes and reducing the operating cost for the benefit of each participant of the industry » says Mr. Richard Sirois, president and CEO of MDI “I was proud to receive this prestigious award on April 4th, in the name of my team members, from the Fédération Informatique du Québec (FIQ)”.
The « IBM Institute for Business Value study » report titled « Insurance 2020: Innovating beyond old models » report dated May 23 2006; also recognize MDI R&D efforts in C-surance.ca.
“To succeed in our endeavour, we put aside all the traditional paradigms of operations and reinvented each process to capitalize on the potential of emergent technologies. The report presented by the IBM professionals precisely reflects the objectives and the challenges on which our professionals invested themselves for years. In fact, MDI could hardly have better described its C-surance.ca project than the actual IBM report” to add Mr. Sirois “ except that while IBM projected for the year 2020 the emergence of such a technology… MDI has been offering the service for months”.
Taking advantage of the evolution of the WEB technologies, MDI undertook in 2000 a total revision of the group benefit management processes and adapted these changes to its original «Allegroupe» software, that had been on the market since 1995, to create the C-surance.ca suite of service that is the first UNIVERSAL CLIENT CENTRIC COLLABORATIVE WEB solution that guarantees group benefit insurance saving by simplifying the management processes perfectly reflecting the new model of businesses proposed by IBM.
The MDI professionals estimates that when the solution is universally implemented some 4$ Billion annually could be saved, this is more than 250$ per individual.
Organized by the FiQ on an annual basis since 1987, the «Concours des OCTAS» is a unique opportunity to recognize the achievement of excellence in Quebec's Information Technology industry. Close to 1,000 persons from the IT industry attends the Gala evening each year.
MDI is a software firm exclusively dedicated to the insurance industry. In operation since 1983 and certified ISO 9001:1996 since December 1998, MDI is specialized in process optimization, improvement of efficiency and aim at reducing human interventions. MDI deliveries of best of breed product and superior process efficiency were recognized by peers. Prestigious awards were presented to MDI by highly regarded organization for both their INNOVATION as well as their B2B ELECTRONIC COMMERCE IMPLEMENTATION.
MDI does not sell insurance, nor do they offer benefits consultation, TPA or TPP services. The C-surance.ca services are exclusively based on a SAAS solution that will reduce operating cost and improve profit for users.
This C-surance.ca solution provides all the tools to manage every aspect of group benefits insurance management: Administration, Claims Adjudication and Sales/Market Evaluation processes.
C-surance.ca offers collaborative tools that manage every aspect of group benefit insurance. The solution is available to carriers, professional group benefit advisors, actuaries, TPA, TPP, plan sponsor, plan members as well as all the health professional or service providers.
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Contact :
Richard Sirois - rs@c-surance.ca
450-629-6158 # 229
Toll free : 866-629-6158 # 229
www.c-surance.ca
