Latest news with #GuidewirePolicyCenter
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
02-04-2025
- Business
- Yahoo
Stratus Modernizes Commercial Package Policy for Farm Bureau Insurance Company of Idaho
The project relaunched CPP and related in-force policies on Guidewire PolicyCenter SHREWSBURY, N.J., April 02, 2025 (GLOBE NEWSWIRE) -- Stratus Technology Services (Stratus), a leading technology solutions provider for the property and casualty (P&C) insurance industry, is pleased to announce the completion of a modernization project at Farm Bureau Insurance Company of Idaho during which the company's commercial package policy (CPP) product was relaunched on Guidewire PolicyCenter. In 2024, Farm Bureau Insurance Company of Idaho needed to revamp and relaunch a key commercial lines insurance product to stay competitive in a crowded, hard market characterized by high premiums, stricter coverage terms, and limited capacity. With a full schedule of internal IT projects and maintenance on deck for Farm Bureau Insurance Company of Idaho's existing staff, the company looked for a trusted partner to move the project forward. Stratus was selected not only for having a reputation as a leader in the digital transformation space and capabilities as a reliable systems integrator in the insurance industry, but also for a remarkable track record of successfully completed projects. Additionally, Stratus is a Guidewire PartnerConnect Consulting partner at the Select level. 'We have an ongoing partnership with Stratus for many of our major projects,' said Lisa Barber, VP of Underwriting for Farm Bureau Insurance Company of Idaho. 'Over the past year, we successfully implemented and launched two products within our Guidewire environment through our collaboration with Stratus—one of which was a brand-new product built from the ground up. The partnership, collaboration, and guidance from Stratus were instrumental in our success, and we look forward to continuing this strong partnership.' The modernization of Farm Bureau Insurance Company of Idaho's CPP product has been on the company's roadmap for several years with competing internal priorities keeping it from reaching the finish line. During this engagement, Stratus modernized and relaunched the CPP product working on an aggressive timeline designed to meet Farm Bureau Insurance Company of Idaho's growth goals. Stratus upgraded the CPP product to run Guidewire PolicyCenter on Guidewire Cloud and utilized a new platform for quoting and binding. 'This project was intended to maximize existing IT infrastructure by leveraging Guidewire Cloud features and aligning the CPP product for future success,' said Rafael Moreira, SVP of Global Delivery for Stratus. 'Farm Bureau Insurance Company of Idaho was looking for increased speed and scalability, as well as more flexibility to be able to rapidly adjust to market fluctuations. Relaunching Farm Bureau Insurance Company of Idaho's CPP product on Guidewire PolicyCenter positions the company competitively for future growth.' "Guidewire is excited to work alongside Stratus in delivering innovative solutions to insurers, like Farm Bureau Insurance Company of Idaho," said Lisa Walsh, Group Vice President, Global Consulting Alliances, Guidewire. "The combination of Guidewire's technology platform with Stratus's digital transformation expertise has helped the Farm Bureau Insurance Company of Idaho achieve greater speed, scalability, and flexibility to stay competitive in a challenging market. Together with Stratus, we're empowering insurers to adapt quickly to market changes, optimize operations, and deliver enhanced value to their customers." 'We are pleased that with the help, support, and guidance of Stratus we were able to deliver this project successfully,' said Shilynn Francisco, VP of Information Systems for Farm Bureau Insurance Company of Idaho. 'Now that we are on Guidewire, we can offer our customers more coverage for their insurance needs and continue to enhance the CPP product as we go, by further leveraging Guidewire. All lines of business are now written on Guidewire Cloud, which is a tremendous accomplishment for our company.' Today, Stratus manages large-scale expansions and Guidewire Cloud migrations for rapidly growing insurers, like Farm Bureau Insurance Company of Idaho, and provides implementation, professional, and managed services that drive agility, efficiency, and long-term success. About Stratus Technology ServicesStratus Technology Services is a premier technology solutions provider specializing in the property and casualty (P&C) insurance sector. As a trusted system integrator, Stratus helps insurers optimize operations, implement cutting-edge solutions, and drive digital transformation. With a strong focus on talent, expertise, and customer success, Stratus leads the industry forward. For more information, please visit . About Farm Bureau Insurance Company of IdahoSince its founding by Idaho farmers and ranchers in 1947, Farm Bureau Insurance Company of Idaho has been dedicated to providing peace of mind to Idaho families, farms, and businesses by protecting what matters most. Staying true to this mission for more than 78 years, the company has grown into the largest property-casualty insurer in Idaho and ranks among the top three property-casualty insurers in the state by overall premium. In 2023, Farm Bureau Insurance Company of Idaho expanded into Washington state under the name Western Community Insurance, bringing over seven decades of expertise to the broader Northwest community. That same year, AM Best upgraded the company's Financial Strength Rating from A- (Excellent) to A (Excellent), citing improved underwriting and operating performance. The company's commitment to excellence has continued into 2024. Farm Bureau Insurance Company of Idaho was ranked #5 on the renowned 'Best Places to Work in Idaho' list and was also named to the prestigious Ward's Top 50, a designation awarded to only the top 2% of nearly 3,000 P&C insurers for exceptional financial performance and stability. For more information, visit Media Contact Christine Tuminello ctuminello@
Yahoo
29-03-2025
- Business
- Yahoo
HDI Global Insurance taps Guidewire for policy administration
HDI Global Insurance Company (HGIC), the US unit of HDI Global, has chosen Guidewire PolicyCenter as its new policy administration and underwriting platform. The upgrade to PolicyCenter will be executed on Guidewire Cloud, starting with the general liability business line. Ernst & Young (EY US), a member of the Guidewire PartnerConnect Consulting Global Strategic programme, will spearhead the deployment. HGIC chief underwriting officer Marco Hensel said: 'We selected PolicyCenter on Guidewire Cloud because Guidewire has the modern, resilient, scalable and secure platform and market leadership, cloud and product maturity, and track record of successful implementation projects that we were looking for. PolicyCenter will impact our combined ratio over time through better, smarter underwriting, while reducing cost through increased efficiencies.' HGIC chief information and transformation officer Kashif Syed stated: 'Guidewire's advanced technology platform will empower HDI U.S. to streamline policy management processes, enabling us to deliver faster and more accurate services to our clients. With Guidewire handling system maintenance, we can stay current on their technology and shift our resources to tasks that will deliver value to our employees, brokers and policyholders.' In 2024, HDI Global generated insurance revenues of €10bn ($10.78bn), up 10% from a year ago. The company's operating profit for the year was €702m, an increase from €446m recorded in the previous year. Last month, Amerisure Insurance also deployed Guidewire PolicyCenter, along with BillingCenter, on Guidewire Cloud, with PwC serving as the lead partner in the implementation. "HDI Global Insurance taps Guidewire for policy administration " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
