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Alfa Mutual to Enhance Rating, Product Development

The insurer has selected CGI software to improve time to market and risk rating.

Alfa Mutual Insurance Company (Alfa Mutual) has selected Ratabase rating and product configuration software from CGI to enhance its product development and speed to market.

Heavy competition in the P&C insurance market led Alfa to look for a better way to customize its products and price risks accurately, the company says.

"Alfa Mutual needed a technology solution that allows us to quickly create and deliver the products our customers' desire," said Don Manis, VP and Actuary with Alfa Mutual, in a statement. "With the CGI's Ratabase rating engine, we get the benefit of faster time to market, along with the confidence of working with the recognized industry leader."

[Q&A: Alfa's Mobile Innovation Strategy]

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

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