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For immediate release: July 10, 2007 MDA Takes Its Building Cost Verification Service To A New LevelRichmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that SightLine, the enhanced building cost verification service recently launched by its subsidiary Marshall & Swift/Boeckh (MSB) has been well received by customers. This enhanced service verifies the building replacement cost for existing policies in order to help property insurance underwriters insure to value. Year to date contracts for this new service amount to over US $5 million. MDA's enhanced SightLine service applies innovative new methodology that blends business intelligence tools, certified data sources, and customer contact methods to align an insurance carrier's book of business to insurance-to-value risks, and remediate underinsurance. MSB Vice President, Steven Brewer said, "Effective book of business management is an essential function of well managed insurance carriers. SightLine provides an efficient, flexible approach to insurance-to-value management for an existing book of business. And in addition to helping carriers to reduce their insurance-to-value risk levels, our enhanced service also allows them to right-size their management practices and free up critical resources ."
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Related Websites: For more information, please contact: Wendy Keyzer MDA External Relations Telephone: 604-231-2743 E-mail: wendy@mdacorporation.com |