Guidewire Congratulates Economical for Being Named the 2017 Insurance Canada Technology Award and People’s Choice Award Winner

Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, is pleased to share that its customer, Economical Insurance, has been awarded the 2017 Insurance Canada Technology Award and the People’s Choice Award for launching Sonnet, a new direct brand with a simple and clear user experience for buying insurance.

Economical partnered with Deloitte to deploy Guidewire PolicyCenter® and BillingCenter and layer on sophisticated analytics and digital capabilities to create a unique user experience for Sonnet, launching with personal home insurance in May 2016, followed by a personal auto insurance launch in August 2016. The innovative digital experience offers Canadians a customized, bindable quote seconds after answering a handful of simple questions. Economical worked diligently to craft and deliver straightforward information so customers understand what they are purchasing.

“Economical is honored to be recognized with a 2017 ICTA and the People’s Choice Award,” said Alice Keung, SVP and Chief Information Officer, Economical Insurance. “Meeting our customers’ needs is a top priority for us, and we are pleased to be able to offer them a fast, fair and clear insurance policy buying experience and online account management anytime, anywhere – on any device.”

“We congratulate Economical for being recognized as the 2017 Insurance Canada Technology Award and People’s Choice Award winner,” said Mike Polelle, chief delivery officer, Guidewire Software. “Economical embraces technology to help them provide high levels of customer service, and we are impressed with their dedication to addressing evolving customer preferences and needs.”