BIRMINGHAM, Ala. — November 6, 2025 — In a move aimed at modernizing how insurers and defense firms manage complex construction defect litigation costs, MDI has acquired the Vendor Cost Control (VCC) software platform from JDI Data. The enhanced product is launching under a new name: Control360.
The acquisition marks a significant expansion of MDI’s footprint in the construction sector. The upgraded platform keeps its original core functionality but adds improved automation and transparency to ensure faster, more accurate cost allocation.
"MDI is thrilled to welcome Control360 into our risk management product suite,” said Awais Shaikh, CEO of MDI. “This acquisition aligns perfectly with our mission to empower claims professionals and defense firms with innovative technology solutions. By combining the strengths of MDI with the expertise of Control360, we will further expand into the construction industry."
What Control360 Does
Construction defect litigation often involves dozens of insurers, subcontractors, and attorneys, with invoices piling up over multiple years. Traditionally, this work relies on:
❌ Spreadsheets
❌ Email approvals
❌ Manual invoice splitting
Control360 replaces that system with:
✅ Automated cost-sharing allocations
✅ Real-time invoice and payment tracking
✅ Comprehensive auditing and case reconciliation
✅ 24/7 portal access to carrier share, balances, and status
It also issues automated accounts payable reports so finance teams no longer spend hours reconciling vendor payments.
Built for the most complex cases
The platform calculates each insurer’s financial responsibility using factors such as tender dates, dismissal dates, and settlement agreements — including flat-fee buyouts and multi-party deals often seen in large developments.
“Control360 is the only solution in the construction defect industry that can handle the complexity of these cases,” said Ina Fossa, Control360 Product Lead. “We are pleased to also offer a Recovery Audit solution for claims where the additional insured issues remain unsolved.”
MDI also assigns a dedicated case manager to each claim, ensuring continuous communication and monthly billing coordination with all involved carriers.
Why this matters
Construction defect claims can stretch 5–10 years, and just a small miscalculation can trigger:
- Disputes among insurers
- Legal billing delays
- Incorrect payouts
- Higher litigation and project costs
With insurance carriers under pressure to cut expenses and increase speed, MDI says automation is now essential to avoid costly backlogs and errors.
About MDI
MDI delivers cloud-based insurance and risk management platforms trusted across the life, health, and property markets:
- FIMMAS: policy administration and claims
- RiskSuite360: compliance, expense allocation, and multi-party claim management
Its technology helps insurers reduce costs, modernize workflows, and eliminate manual friction in complex litigation.
Learn more at mdisoftware.io
Originally reported by MDI in Construction Dive.
