Intact Financial Corporation acquires full rights to FellowDSS Accelerator Insurance Business Intelligence Analytical system

Insurance Business Analytics consultancy InEdge announced today that Intact Financial Corporation (TSX: IFC), Canada’s largest provider of property and casualty insurance, has reached a milestone towards the implementation of the FellowDSSTM Accelerator, InEdge’s enterprise-wide Business Intelligence platform.

After releasing its first project with FellowDSS this year, Intact has acquired the FellowDSS Framework version. This will provide Intact with access to the Intellectual Property functionalities of FellowDSS and enable its team to customize the system to its fullest.

“The FellowDSS application will be a great addition that will support our analytical capabilities,” says Denis Pouliot, Vice President, Applications Development, at Intact. “By leveraging and customizing the FellowDSS platform, we will improve our ability to manage an ever increasing volume of complex data and accelerate the deployment of our analytical solutions.”

“We are very pleased with Intact's decision to acquire the Framework license,” said Philippe Torres, Partner and Co-founder at InEdge. “We are confident that FellowDSS Accelerator will provide Intact with a strong foundation for its Business Intelligence initiatives and enable the company to continue gaining strategic value from its data.”

About FellowDSSTM Accelerator

FellowDSS™ Accelerator is a complete Business Intelligence solution for insurance companies that integrate technical elements and industry-specific business content. It is built around an integrated data warehouse that stores transactional data from a company’s operational support systems. FellowDSS™ Accelerator consolidates and integrates data from across the various systems of a company, and makes the data easy to analyze through pre-defined or ad-hoc reports. Simply put, it provides a single version of the truth.

About InEdge

InEdge is a consultancy specialized in Business Intelligence and Analytics for the insurance industry. Expert at quickly leveraging data, InEdge seamlessly and powerfully creates business advantage for its clients. Over $10.25 billion Property & Casualty direct written premiums are analyzed through solutions designed and implemented by InEdge’s experienced team. InEdge is headquartered in Montreal and has offices in New York and Toronto. Visit www.inedge.com for more information.

About Intact Financial Corporation

Intact Financial Corporation (www.intactfc.com) is the largest provider of property and casualty insurance in Canada. Intact offers home, auto and business insurance through Intact Insurance, belairdirect, Grey Power, BrokerLink and JEVCO.