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The Commonwell Mutual Insurance Group Selects Guidewire Products to Transform Core Operation, Data, and Analytics Capabilities

The Commonwell Mutual Insurance Group Selects Guidewire Products to Transform Core Operation, Data, and Analytics Capabilities

Canadian general insurer to leverage Guidewire Core and Data products to adapt business processes for generating top-line growth and improving speed-to-market
LINDSAY Ontario and FOSTER CITY Calif., 16 gennaio 2018

The Commonwell Mutual Insurance Group, an Ontario-based mutual insurer that provides residential, automobile, farm, and commercial insurance products, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, today announced that The Commonwell has selected Guidewire Core and Data products to modernize its systems and transform the way it does business.

The Commonwell has selected Guidewire InsuranceSuite™, Client Data Management, Rating Management, and Reinsurance Management as its policy administration, underwriting, client data, rating, reinsurance, claims, and billing management platform. The company also selected Guidewire DataHub™ and InfoCenter as its enterprise data management and analytics solution. The Commonwell plans to implement all of the products at the same time, across all of its commercial and personal lines of business in the province of Ontario.

Tim Shauf, President and Chief Executive Officer, The Commonwell, said, “Guidewire’s product maturity, market share, and track record of successful implementations were important factors in our decision-making process. We are confident that this strategic relationship will provide The Commonwell with the ability to pivot our operations and systems and create the opportunity for transformational change, thereby growing our business and introducing efficiencies and integrations that will enhance our customer and member experience.”

“We were looking for a comprehensive solution that required minimal customization, so the out-of-the-box functionality of InsuranceSuite was especially attractive to us,” said Jennifer Baziuk, Vice President, Information Technology, The Commonwell. “By selecting Guidewire, we will be able to build on the synergies and best practices learned throughout each phase of the implementation process.”

InsuranceSuite, DataHub, and InfoCenter will enable The Commonwell to:

  • Increase business agility by minimizing custom development and multi-phased approaches to bring new products and product enhancements to market more quickly;

  • Leverage tools that will eliminate manual processes making it easier for brokers to do business; and

  • Enhance operational efficiency and productivity throughout the organization by standardizing policy administration, billing management and claims handling processes on a common platform.

“We are pleased to welcome The Commonwell Mutual Insurance Group to the Guidewire customer community,” said Steve Sherry, Chief Sales Officer, Guidewire Software. “We applaud The Commonwell’s dedication to protecting people and earning their trust and are looking forward to helping the company achieve and exceed its business objectives.”

Guidewire Software

Guidewire è la piattaforma su cui le compagnie d'assicurazione del ramo danni (P&C) fanno affidamento per coinvolgere, innovare e crescere in modo efficiente. Combiniamo digitale, processi di core business, analisied IA al fine di fornire la nostra piattaforma sotto forma di servizio cloud. Più di 400 compagnie d’assicurazione, dalle start up a quelle più grandi e complesse al mondo, si avvalgono di Guidewire.

Siamo orgogliosi dei nostri successi senza precedenti, con più di 1.000 progetti, supportati dal team di ricerca e sviluppo ed dal nostro ecosistema di partner di settore più grande in assoluto. Il nostro marketplace fornisce centinaia di applicazioni che accelerano integrazione, localizzazioneed innovazione.

Per maggiori informazioni, visita il sito www.guidewire.it e seguici su Twitter: @Guidewire_PandC.

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