Question-and-Answer Session
Operator
Thank you, sir. (Operator Instructions). Your first question comes from the line of Mark Hughes of SunTrust.
Mark Hughes - SunTrust
Thank you very much. A nice quarter.
Bruce Swain
Thank you, Mark.
Jeffrey Bowman
Thanks Mark.
Mark Hughes - SunTrust
You had talked about, in the Broadspire segment perhaps some of your customers are looking for more traditional bundled relationships, or I guess within your pipeline which is pretty robust, that's one of the reasons why you are not closing any perhaps. Could you talk about that a little bit?
Jeffrey Bowman
Yeah sure. Within the overall services, we are seeing a lot of activities on the RFPs coming in where they are looking for an all encompassing service coming out of the Broadspire operation, rather than really splitting it out into various other areas of products. And this is really a trend that we're seeing at this present moment.
Mark Hughes - SunTrust
All right. Any strategies for, I guess, filling out the offering to make it more attractive to those sort of clients?
Bruce Swain
Well I think, actually I think I might have misunderstood the question at the beginning. I mean, one of the downward pressures on Broadspire in terms of the challenges that we face in the market is looking at, given the soft market that exists today, and with insurance companies, they are offering bundled solutions to self-insured entities where the claims administration and the insurance is all wrapped into one product offering and you see that sometimes during a soft market. So that's one of the challenges in that market as we're exiting 2007 and entering 2008.
Mark Hughes - SunTrust
All right. Got you.
Bruce Swain
That's not to say, all clients self-administered are going to look to a fully insured program. I mean a lot of companies themselves administer. They like to self administer and they are going to keep doing that and they can still drive reductions in their overall cost of risk by separating the two. But it does create a bit of a headwind in the market in that business.
Mark Hughes - SunTrust
Got you. On GCG, nice uptick in the backlog. Is there a normal time period that that translates into revenue?
Jeffrey Bowman
There is no real time period or so. It depends on the court taking the action to credit the class action and we are behooving to them on that.
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