Latest CGI Group Headlines
All the headlines from our CGI Group Topic Page, ordered by recency.
Business Moves
Sep 7 2015 // Distinguished, Fulcrum Distinguished Programs Holdings LLC announced the pending acquisition of Bellevue, Wash.-based Fulcrum Insurance Programs. The businesses will be combined and rebranded as Distinguished Specialty....
Higginbotham, Commercial Global Insurance Join Forces
Aug 11 2015 // Independent insurance broker Higginbotham, based in Fort Worth, and Commercial Global Insurance (CGI) are merging their operations in Friendswood, Texas. CGI is an independent broker in Deer Park, Texas. CGI will merge its...
HealthCare.Gov Better But Tech Glitches Still a Concern
Aug 1 2014 // Year two of Obamacare “won’t be perfect,” a top Obama administration official said as the government’s website to sell health insurance plans continues to be developed. Andy Slavitt, the principal...
Massachusetts Paying $35M to End Healthcare Website Contract
Jun 23 2014 // Massachusetts health care officials said on June 20 they’ll pay the lead contractor on the state’s hobbled health insurance website an additional $35 million to close out the contract. That means the CGI Group,...
In Mass., Website Woes, Technical Roadblocks Frustrate Health Care Push
Jan 24 2014 // Massachusetts has long held a special status in the debate about President Obama’s health care law. It was a 2006 Massachusetts law that provided the inspiration for the 2010 national law, and Massachusetts already...
CGI Loses Obamacare Contract to Accenture: Report
Jan 10 2014 // CGI Group Inc., the company that built the federal Obamacare website, will be replaced next month when its contract with the U.S. government expires, a person familiar with the decision said. The Obama administration...
Mass., Vt. Take Action Against Health Insurance Website Developer
Dec 27 2013 // Massachusetts and Vermont are withholding payments and considering legal options against the contractor that set up the states’ problem-plagued health insurance websites. Massachusetts has paid $11 million of its $69...
Commerce Group’s IFS, Debt Ratings Affirmed
Apr 28 2005 // Fitch Ratings has affirmed the ‘BBB’ long-term issuer and senior debt ratings of the Commerce Group Inc. (CGI). Additionally, Fitch has affirmed the ‘A’ insurer financial strength ratings on...
Willis Acquires CGI Consulting Group
Feb 23 2005 // Willis Group Holdings has acquired CGI Consulting Inc., an employee benefits firm selling to mid-size companies predominantly in the mid-Atlantic and northeast region of the United States. CGI has annual revenues of...
Castek Licenses Claims Software to CGI
Jun 8 2004 // Castek Inc. is pleased to announce the completion of a licensing agreement with CGI Group Inc. (CGI). for Castek’s ClaimsPath claims management software as part of CGI’s claims loss adjustment business services...
U.K.’S Cox Reports 22% 2003 Profit Increase; Announces Outsourcing Plans
May 21 2004 // Cox Insurance Holdings, plc., the U.K.’s largest motorcycle insurer, which operates primarily out of the Lloyd’s market, announced a hefty 22 percent increase in profits for 2003 to £52.1 million ($92.8...
IBC and CGI Ready New MVR Service
Feb 12 2004 // The Insurance Bureau of Canada issued a bulletin confirming that the IBC and CGI are ready for the upcoming April 1, 2004 launch of the new MVR service that replaces MTO’s current electronic MVR service for P/C...
S&P Rates Commerce Group and Proposed Senior Notes ‘BBB’
Dec 3 2003 // Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB’ counterparty credit rating to The Commerce Group, Inc. and its ‘BBB’ senior debt rating to CGI’s proposed...
ePolicy Solutions To Integrate CGI’s Ratabase™ Into RightRisk™
Sep 4 2003 // Torrance, Calif.-based ePolicy Solutions (www.epolicysolutions.com) announced it will integrate CGI’s Ratabase product suite into RightRisk™ to further enhance its Web-enabled policy administration technology....
CGI and HP Deliver Business Platform for Lloyd’s Kinnect
May 7 2003 // CGI Group (Europe) Ltd and HP (Hewlett Packard/Compaq) jointly announced that they have delivered a business platform for Kinnect Inc., a Lloyd’s of London sponsored initiative, to improve the efficiency and...
CGI Closes INSpire Acquisition
Dec 5 2002 // CGI Group Inc. (CGI) announced it completed the acquisition of Fort Worth-based INSpire Insurance Solutions Inc. for US$5.4 million (CDN$8.5 million) in cash. INSpire has revenues of US$26 million (CDN $41 million). As...
CGI to Acquire INSpire’s Key Assets
Nov 15 2002 // CGI Group Inc. (CGI) announced it will acquired certain assets of Fort Worth-based INSpire Insurance Solutions Inc. (INSpire) for US$5.4 million (CDN$8.5 million) in cash. INSpire has revenues of US$26 million (CDN $41...
INSpire Reorganization Disclosure Statement Approved
Oct 8 2002 // A disclosure statement describing INSpire Insurance Solutions Inc.’s proposed plan of reorganization was approved by the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division. The Fort...
INSpire Operating Assets May Go to CGI
Sep 3 2002 // INSpire Insurance Solutions Inc., based in Fort Worth, Texas, announced that Toronto’s CGI Group Inc. has signed a non-binding letter of intent under which CGI would purchase INSpire’s operating assets. These...
CGI Anticipating Acquisition of INSpire Insurance Solutions Operating Assets
Sep 3 2002 // INSpire Insurance Solutions Inc. (“INSpire”) announced that CGI Group Inc. and INSpire have signed a non-binding letter of intent under which CGI would purchase INSpire’s operating assets. These business...
