Latest news with #Beneva
Business Wire
01-05-2025
- Business
- Business Wire
Beneva Deploys Policy Administration, Underwriting, and Billing Operations on Guidewire Cloud Platform
QUEBEC CITY & SAN MATEO, Calif.--(BUSINESS WIRE)-- Beneva, the largest mutual insurance company in Canada, and Guidewire (NYSE: GWRE) announced that Beneva successfully deployed Guidewire PolicyCenter and Guidewire BillingCenter to power and simplify the company's underwriting, policy administration, billing management, and IT operations, adapt more quickly to changing market demands, and deliver more value to its policyholders. The company migrated its on-premises PolicyCenter and BillingCenter environments to Guidewire Cloud Platform, beginning with its personal lines of business. Beneva is currently migrating the Guidewire products for its commercial lines of business and will conclude the migration with its brokerage-based businesses. With the completion of this project, the company, which migrated Guidewire ClaimCenter to Guidewire Cloud Platform in 2023, is now a full Guidewire InsuranceSuite customer on Guidewire Cloud Platform. Guidewire PartnerConnect Consulting Global Premier member Deloitte led the implementation project. 'We have a Software-as-a-Service (SaaS)-first approach at Beneva, so migrating to Guidewire Cloud Platform will enable us to decrease risk by staying technically current on Guidewire technology so we can access all of the new features as soon as they become available,' said Beneva Information Technology Vice-President Property and Casualty and Corporate Services Éric Marcoux. 'The migration project was completed on time and on budget thanks to the strong collaborative partnership with Guidewire and Deloitte Canada. We're confident that by updating Guidewire Cloud Platform three times a year, we'll be able to quickly derive business value from using products and features such as Autopilot Workflow Service, Guidewire Data Studio, Guidewire Explore, and Guidewire Jutro Digital Platform that are only available on Guidewire Cloud Platform.' Deloitte Partner & Canadian Guidewire Alliance Leader Firas Zawadi said, 'We are honored that Beneva put its trust in Deloitte to migrate PolicyCenter and BillingCenter to Guidewire Cloud Platform. This highlights what is possible when great teams come together with a shared vision and relentless focus on outcomes.' 'We congratulate Beneva on their successful PolicyCenter and BillingCenter migration project to Guidewire Cloud Platform and are proud that InsuranceSuite on Guidewire Cloud Platform is serving as the technology foundation for the company's business strategy and success now and into the future,' said Guidewire Chief Customer Officer Christina Colby. 'We look forward to helping Beneva continue its mission of bringing together its mutualist values to protect people by providing caring insurance coverage that lets policyholders focus on what matters most.' Marcoux discussed Beneva's Guidewire journey at Connections 2025 last November. Watch the keynote presentation here. About Beneva Beneva is the country's largest mutual insurance company with 3.5 million members. Created by the coming together of La Capitale and SSQ Insurance in 2020, Beneva employs over 5,500 dedicated employees: people looking out for people. Its caring approach founded on human values and shared by its employees is anchored in its mutualist roots. With $27.5 billion in asset, Beneva has positioned itself as one of the leading Canadian companies in the insurance industry. It stands out for its diverse offerings in Group Insurance, Property and Casualty Insurance as well as Individual Insurance and Financial Services. Its head office is located in Quebec City. For more information, please consult About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers. We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry's largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation. For more information, please visit and follow us on X (formerly known as Twitter) and LinkedIn. NOTE: For information about Guidewire trademarks, visit .
National Post
01-05-2025
- Business
- National Post
Beneva Deploys Policy Administration, Underwriting, and Billing Operations on Guidewire Cloud Platform
Article content Article content QUEBEC CITY & SAN MATEO, Calif. — Beneva, the largest mutual insurance company in Canada, and Guidewire (NYSE: GWRE) announced that Beneva successfully deployed Guidewire PolicyCenter and Guidewire BillingCenter to power and simplify the company's underwriting, policy administration, billing management, and IT operations, adapt more quickly to changing market demands, and deliver more value to its policyholders. The company migrated its on-premises PolicyCenter and BillingCenter environments to Guidewire Cloud Platform, beginning with its personal lines of business. Article content Beneva is currently migrating the Guidewire products for its commercial lines of business and will conclude the migration with its brokerage-based businesses. With the completion of this project, the company, which migrated Guidewire ClaimCenter to Guidewire Cloud Platform in 2023, is now a full Guidewire InsuranceSuite customer on Guidewire Cloud Platform. Guidewire PartnerConnect Consulting Global Premier member Deloitte led the implementation project. Article content 'We have a Software-as-a-Service (SaaS)-first approach at Beneva, so migrating to Guidewire Cloud Platform will enable us to decrease risk by staying technically current on Guidewire technology so we can access all of the new features as soon as they become available,' said Beneva Information Technology Vice-President Property and Casualty and Corporate Services Éric Marcoux. 'The migration project was completed on time and on budget thanks to the strong collaborative partnership with Guidewire and Deloitte Canada. We're confident that by updating Guidewire Cloud Platform three times a year, we'll be able to quickly derive business value from using products and features such as Autopilot Workflow Service, Guidewire Data Studio, Guidewire Explore, and Guidewire Jutro Digital Platform that are only available on Guidewire Cloud Platform.' Article content Deloitte Partner & Canadian Guidewire Alliance Leader Firas Zawadi said, 'We are honored that Beneva put its trust in Deloitte to migrate PolicyCenter and BillingCenter to Guidewire Cloud Platform. This highlights what is possible when great teams come together with a shared vision and relentless focus on outcomes.' Article content 'We congratulate Beneva on their successful PolicyCenter and BillingCenter migration project to Guidewire Cloud Platform and are proud that InsuranceSuite on Guidewire Cloud Platform is serving as the technology foundation for the company's business strategy and success now and into the future,' said Guidewire Chief Customer Officer Christina Colby. 'We look forward to helping Beneva continue its mission of bringing together its mutualist values to protect people by providing caring insurance coverage that lets policyholders focus on what matters most.' Article content Marcoux discussed Beneva's Guidewire journey at Connections 2025 last November. Watch the keynote presentation here. Article content About Beneva Article content Beneva is the country's largest mutual insurance company with 3.5 million members. Created by the coming together of La Capitale and SSQ Insurance in 2020, Beneva employs over 5,500 dedicated employees: people looking out for people. Its caring approach founded on human values and shared by its employees is anchored in its mutualist roots. With $27.5 billion in asset, Beneva has positioned itself as one of the leading Canadian companies in the insurance industry. It stands out for its diverse offerings in Group Insurance, Property and Casualty Insurance as well as Individual Insurance and Financial Services. Its head office is located in Quebec City. For more information, please consult Article content Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers. Article content We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry's largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation. Article content Article content Article content Article content Article content Contacts Article content Albert Lin Public Relations Manager Guidewire Software, Inc. +1.415.205.4214 allin@ Article content Article content Article content
Yahoo
01-05-2025
- Business
- Yahoo
Beneva Deploys Policy Administration, Underwriting, and Billing Operations on Guidewire Cloud Platform
QUEBEC CITY & SAN MATEO, Calif., May 01, 2025--(BUSINESS WIRE)--Beneva, the largest mutual insurance company in Canada, and Guidewire (NYSE: GWRE) announced that Beneva successfully deployed Guidewire PolicyCenter and Guidewire BillingCenter to power and simplify the company's underwriting, policy administration, billing management, and IT operations, adapt more quickly to changing market demands, and deliver more value to its policyholders. The company migrated its on-premises PolicyCenter and BillingCenter environments to Guidewire Cloud Platform, beginning with its personal lines of business. Beneva is currently migrating the Guidewire products for its commercial lines of business and will conclude the migration with its brokerage-based businesses. With the completion of this project, the company, which migrated Guidewire ClaimCenter to Guidewire Cloud Platform in 2023, is now a full Guidewire InsuranceSuite customer on Guidewire Cloud Platform. Guidewire PartnerConnect Consulting Global Premier member Deloitte led the implementation project. "We have a Software-as-a-Service (SaaS)-first approach at Beneva, so migrating to Guidewire Cloud Platform will enable us to decrease risk by staying technically current on Guidewire technology so we can access all of the new features as soon as they become available," said Beneva Information Technology Vice-President Property and Casualty and Corporate Services Éric Marcoux. "The migration project was completed on time and on budget thanks to the strong collaborative partnership with Guidewire and Deloitte Canada. We're confident that by updating Guidewire Cloud Platform three times a year, we'll be able to quickly derive business value from using products and features such as Autopilot Workflow Service, Guidewire Data Studio, Guidewire Explore, and Guidewire Jutro Digital Platform that are only available on Guidewire Cloud Platform." Deloitte Partner & Canadian Guidewire Alliance Leader Firas Zawadi said, "We are honored that Beneva put its trust in Deloitte to migrate PolicyCenter and BillingCenter to Guidewire Cloud Platform. This highlights what is possible when great teams come together with a shared vision and relentless focus on outcomes." "We congratulate Beneva on their successful PolicyCenter and BillingCenter migration project to Guidewire Cloud Platform and are proud that InsuranceSuite on Guidewire Cloud Platform is serving as the technology foundation for the company's business strategy and success now and into the future," said Guidewire Chief Customer Officer Christina Colby. "We look forward to helping Beneva continue its mission of bringing together its mutualist values to protect people by providing caring insurance coverage that lets policyholders focus on what matters most." Marcoux discussed Beneva's Guidewire journey at Connections 2025 last November. Watch the keynote presentation here. About Beneva Beneva is the country's largest mutual insurance company with 3.5 million members. Created by the coming together of La Capitale and SSQ Insurance in 2020, Beneva employs over 5,500 dedicated employees: people looking out for people. Its caring approach founded on human values and shared by its employees is anchored in its mutualist roots. With $27.5 billion in asset, Beneva has positioned itself as one of the leading Canadian companies in the insurance industry. It stands out for its diverse offerings in Group Insurance, Property and Casualty Insurance as well as Individual Insurance and Financial Services. Its head office is located in Quebec City. For more information, please consult About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers. We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry's largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation. For more information, please visit and follow us on X (formerly known as Twitter) and LinkedIn. NOTE: For information about Guidewire trademarks, visit View source version on Contacts Albert LinPublic Relations ManagerGuidewire Software, Inc.+1.415.205.4214allin@ Media RelationsBeneva1 866 332-3806media@ Sign in to access your portfolio
Yahoo
15-04-2025
- Health
- Yahoo
Beneva's 2025 Health Trends and Insights
Medical innovation highlights importance of sound group insurance plan management QUEBEC CITY, April 15, 2025 /CNW/ - Beneva's 2025 Health Trends and Insights report, Connecting the Dots, points out the fact that although medical innovation is paving the way toward breakthrough treatments for obesity, Type 2 diabetes, Inflammatory Bowel Disease and cancer, it is also applying pressure on the financial sustainability of group insurance plans. The challenge for insurers is to control plan costs without compromising insureds' access to care. 2025 Health Trends and Insights Rise of anti-obesity drugs: Since entering the Canadian market in May 2024, Beneva has reimbursed $10.2 million in claims for Wegovy. This amount could exceed $25 million in 2025. Proliferation of diabetes: The number of people suffering from Type 2 diabetes has grown steadily by almost 5% per year from 2015 to 2024. The average yearly claim cost of diabetics is nearly 3.7 times more than for non-diabetics ($3,300 compared to $900). Necessity of biosimilars: Remicade, the brand-name prescription medication used to treat Crohn's Disease, was the most in-demand drug in 2020. In 2024, it fell to 23rd on the list with the arrival of Renflexis, its biosimilar equivalent. Game-changing oncological advances: From 2014 to 2024, total spending on cancer therapies almost quadrupled and the average cost of treatment almost doubled from $7,800 to $14,700 over the same period. To find out more, read Connecting The Dots. Ensuring the sustainability of group insurance plans For Beneva, striking a balancing between access to care, cost management and innovation is crucial. "As a mutual insurance company, we want to offer our members peace of mind and optimize their access to healthcare. Beneva's success lies in keeping plan costs as low as feasibly possible. According to our experts, long-term plan sustainability can be achieved through an optimized drug management strategy as well as through our integrated and comprehensive health and wellness offer for plan sponsors," said Éric Trudel, Executive Vice-President of Group Insurance at Beneva. In 2024, to better inform its members and partners, Beneva's experts began publishing an annual report on the latest health trends affecting the group insurance industry. About Beneva Created by the coming together of La Capitale and SSQ Insurance, Beneva is the largest insurance mutual in Canada with more than 3.5 million members and customers. Beneva employs over 5,500 dedicated employees: people looking out for people. Its human approach is rooted in mutualist values that are shared by its employees. With $25.1 billion in assets, Beneva positions itself as a major player in the insurance and financial services industry. Its head office is located in Quebec City. For more information, visit SOURCE Beneva View original content to download multimedia:
