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Canal Insurance Company Drives Smart Claims Decisions with Guidewire Cloud-Based Predictive Analytics Solution

Canal Insurance Company Drives Smart Claims Decisions with Guidewire Cloud-Based Predictive Analytics Solution

Guidewire Predictive Analytics™ to help commercial transportation insurance provider build and implement claims models seamlessly
GREENVILLE S.C. and FOSTER CITY, 8 octubre, 2018

Canal Insurance Company, a commercial trucking and specialty transportation insurance provider, and Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced that Canal plans to utilize Guidewire Predictive Analytics™ for Claims to complement Guidewire ClaimCenter™, the claims management system it has been using since 2004. The company is one of Guidewire’s earliest customers and plans to implement Predictive Analytics for Claims in early 2019 for its largest line of business – commercial auto liability. Canal also successfully deployed Guidewire BillingCenter™ in 2013.

Canal is combining ClaimCenter and Predictive Analytics for Claims to create a Smart Core™ system that will use advanced analytics to solve specific business problems and deliver actionable insights at the time key decisions are being made.

“Canal selected Guidewire Predictive Analytics for Claims as its solution based on the capabilities of the machine-learning engine, the ability to deliver real-time predictive insights into our claims workflow, and the expertise of Guidewire Professional Services,” said Christopher Greene, Senior Vice President, Chief Claims Officer & General Counsel, Canal. “Our analytics team can now gather claims data, build, and implement models seamlessly compared to the policy-side models we had built and used in the past. We also look forward to potentially improving our loss ratios by making sure that incoming claims are promptly assigned to the right resources as well as early detection of claims that might escalate into large losses.”

“We are pleased that Canal has embarked on its Smart Core journey by expanding its relationship with Guidewire and selecting Predictive Analytics to complement its longtime use of ClaimCenter,” said Steve Sherry, Chief Sales Officer, Guidewire Software. “We are humbled by Canal’s confidence in our technology and look forward to continuing our partnership in helping the company adapt and succeed in its mission of insuring transportation risks.”

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Guidewire es la plataforma en la que las compañías de seguros generales confían para comunicarse, innovar y crecer de manera efectiva. Combinamos digital, core, el análisis y la inteligencia artificial en nuestra plataforma como servicio en la nube. Más de 400 aseguradoras, desde nuevas empresas hasta las más grandes y complejas del mundo, funcionan con Guidewire.

Como socio de nuestros clientes, evolucionamos continuamente para garantizar su éxito. Estamos orgullosos de nuestro historial de implementación sin igual, con más de 1,000 proyectos completados con éxito, respaldados por el equipo de I + D más grande y el ecosistema de socios más amplio de la industria. Nuestro marketplace tiene cientos de aplicaciones que aceleran la integración, localización e innovación.

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