Keal Technology and CIM-Data Announce Strategic Partnership

Keal and CIM-Data to Offer Complementary Broker Management Systems

TORONTO— July, 2012 — Keal Technology and CIM-Data, Canadian Broker Management System (BMS) Providers, are pleased to announce they have formed a partnership offering complementary BMS products for the Canadian insurance marketplace.  This new alliance will see both companies continue to offer, sell, support and develop its respective existing BMS products, sigXP and CIM-Data, as well as all other integrated broker products.

In the planning stage for the past year, this transaction has been well-thought out to offer clients and prospects a larger and much stronger organization.  The partnership will enable both companies to align resources to exchange experience and technology, and combine marketing and selling expertise.

Both Keal and CIM-Data view this alliance as one of the long-term answers to maximize broker workflow efficiencies.  Their commitment to the Canadian broker distribution network remains unchanged and the ultimate goal is to delight clients, earn their trust and business. 

Together they will:

– Serve over 13,000 users nationwide as the largest all-Canadian BMS provider.

– Utilize and share each other’s technologies to enhance the CIM-Data and Keal products.

– Become a stronger team benefiting from each other’s experience and expertise.

– Consolidate and streamline operations.

– Offer the Canadian broker distribution network a wider choice of BMS products.

– Demonstrate an unwavering commitment to the unique requirements of Canada’s independent broker’s distribution channel.

Keal Technology president Pat Durepos stated, “Bob and I go back many years in the technology & insurance industry.  We share a common respect for each other and I have always been impressed with Bob’s technical expertise and his un-failing priority in client services. Together our companies will concentrate on making our clients more efficient and more profitable.”

Bob Hornick added, “I am pleased to be able to align CIM-Data with a company such as Keal Technology.  We are both family businesses with strong values and a common vision dedicated to our clients. I am more than convinced that this newly formed alliance spells great news for both Keal and CIM-Data clients.”

Roy Brister, president of the Brister Group and a CIM-Data client commented, “The insurance industry is in consolidation mode, and I applaud this partnership initiative.  This will further enhance the BMS tools we desperately need to maintain the Canadian broker distribution network.” 

Both companies state their first priority as maintaining status quo and ‘business as usual’ for all CIM-Data and Keal clients.  CIM-Data will move into the existing Keal Toronto office over the next quarter.

About Keal and CIM-Data

As partners, Keal Technology and CIM-Data are leaders in the BMS (Broker Management Systems) and CMS (Commercial Management Systems) in the Canadian marketplace for insurance and financial services brokers. They offer an integrated suite of products designed to increase revenue through efficient use of technology. For more information, visit www.keal.com and www.cim-data.com.

For more information:

Renee Durepos, VP Client Services

Keal Technology

Phone: 1.800.268.5235, ext. 3884  Email: Renee.Durepos@keal.com