Description: insurance industry, policy administration, claims management, COI management, insurance policy management, insurance software, administration system
certificate of insurance (92) ctrax (4) mycoi (4) jdi data (3) claims manager (3) track claims (3) track coi (3) coi tracker (3)
FOR IMMEDIATE RELEASE
Birmingham - May 24, 2024 – Management Data, Inc a leading provider of end-to-end policy administration system solutions for the life insurance, health and annuity industries, is pleased to announce the acquisition of CTrax and Claims Manager, two prominent platforms specializing in Certificate of Insurance tracking (COI) and claims management software. This strategic move underscores MDI's commitment to software solutions for the insurance sector expanding its offering into the property and casualty market
With this acquisition, MDI strengthens its position as a market leader in insurtech software . Claims Manager and CTrax will supplement MDI's existing product portfolio providing clients with access to robust platforms that manage the insurance claims process and certificates of insurance. MDI has a track record of providing world-class software to customers of all sizes in the life insurance and annuity markets through its award-winning policy administration system, FIMMAS.