CGI and Baseline Telematics Join Forces to Deliver Cost-Effective Telematics to Insurers Worldwide

TORONTO, May 20, 2015 /PRNewswire/ --

CGI (TSX: GIB.A) (NYSE: GIB) today announced that it has joined forces with Baseline Telematics, a provider of usage-based insurance (UBI) solutions, to integrate Baseline's end-to-end UBI platform with CGI's industry-leading Ratabase rating engine.

Baseline Telematics' UBI platform helps insurers quickly bring to market usage-based products for their customers, such as pay-as-you-drive auto insurance programs. A smartphone app or a small device plugged into a policyholder's car provides real-time information on location, mileage, speed, sudden acceleration, braking, etc. to insurers, enabling them to rate and invoice insurance policies on a variable monthly basis, depending on usage and driving safety.

By integrating the platform with Ratabase, current Ratabase clients will benefit from a cost-effective telematics solution that enhances their existing rating models. In addition, existing and new clients of Baseline Telematics will have access to Ratabase within their UBI platform.

Baseline Telmatics' technology already is being used successfully, often in conjunction with Ratabase, for both car and motorcycle insurance in Canada, as well as in many international markets, such as France, Norway, the U.S. and several Latin American countries. There also have been trials and implementations for government insurers, commercial fleet insurers, driving schools and graduated drivers licensing programs.

"With insurers and policyholders rapidly embracing new technologies and looking for smart ways to reduce costs, UBI solutions will be an important trend over the next decade," said Paul-André Savoie, President and CEO of Baseline Telematics. "We're beginning to see massive consumer adoption of pay-as-you-drive insurance in Canada and the U.S.  Although UBI policies currently account for less than one percent of the global automobile insurance market, this figure is set to increase dramatically in the coming years. Ratabase is a powerful and logical choice for extending our UBI platform."