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For immediate release: January 18, 2005 MDA Expands Automated Underwriting Solutions For Insurance CarriersSolutions Now Include Online Fire Hazard Identification Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that it has expanded its automated underwriting solutions for insurance carriers by creating online brush and forest fire hazard identification solutions. The solutions are targeted at carriers that supply property insurance coverage in California and other western states.Online automated underwriting decision and mapping solutions are becoming increasingly necessary to provide a consistent, systematic approach for individual risks and management of property portfolios. The brush and forest fire hazard identification solutions are now being used by a leading U.S. insurance carrier to manage its risk exposure and to establish fair and adequate premium rates. MDA's online brush and forest fire solutions feature indices and maps. These are created by combining information about land slope data, road maps and vegetation partially derived from satellite data, with information on structure density and building characteristics from MDA's own database. These solutions are becoming increasingly necessary as more homeowners, businesses and communities expand development into forested and grassland areas. About MacDonald, Dettwiler and Associates Ltd. (MDA)
Related Websites: For more information, please contact: Wendy Keyzer External Relations MDA Telephone: 604-231-2743 E-mail: wendy@mdacorporation.com |