Latest news with #MichaelMahoney
Yahoo
17 hours ago
- Business
- Yahoo
Co-operators Transforms Claims Operations with Guidewire ClaimCenter on Guidewire Cloud Platform
Subsidiary Sovereign Insurance also leveraging ClaimCenter for claims management GUELPH, Ontario & SAN MATEO, Calif., June 09, 2025--(BUSINESS WIRE)--Co-operators, a leading Canadian multi-line insurance and financial services organization, and Guidewire (NYSE: GWRE) announced that Co-operators successfully implemented Guidewire ClaimCenter on Guidewire Cloud Platform to power its claims management functions, adapt to changing market demands, and deliver more value to policyholders. A Guidewire customer since 2007, Co-operators migrated ClaimCenter to Guidewire Cloud Platform simultaneously for most of its property and casualty (P&C) lines of business in the provinces where it operates. The company also extended its ClaimCenter instance on Guidewire Cloud Platform to its subsidiary Sovereign Insurance. Co-operators previously migrated Guidewire PolicyCenter and Guidewire BillingCenter to Guidewire Cloud Platform in 2023. With the conclusion of this project, the majority of the company's P&C Operations are now a full Guidewire InsuranceSuite customer on Guidewire Cloud Platform. "This was a multi-year transformation for Co-operators, a successful result of collaboration across our P&C Business and Technology teams and Guidewire," said Harry Pickett, Executive Vice President and Chief Information Officer at Co-operators. "We leveraged our learnings from our previous PolicyCenter and BillingCenter migration to accomplish this modernization on time and with little disruption to our claims process. The full suite on the Guidewire Cloud Platform provides us with more stability and security, and establishes a solid foundation for future enhancements, enabling us to be faster in implementing new features and capabilities that will deliver value to our stakeholders." "We congratulate Co-operators on its successful ClaimCenter implementation project on Guidewire Cloud Platform and concluding its full InsuranceSuite migration," commented Guidewire Head of Professional Services Michael Mahoney. "We look forward to working with the company to grow its business and continue providing financial security for Canadians and their communities as it's done for the past 80 years." About Co-operators: Proudly Canadian since 1945, Co‑operators is a leading financial services co-operative, offering multi-line insurance and investment products, services, and personalized advice to help Canadians build their financial strength and security. With more than $72 billion in assets under administration, Co‑operators is well known for its community involvement and its commitment to sustainability. Currently a carbon neutral organization, Co-operators is committed to net-zero emissions in its operations and investments by 2040, and 2050, respectively. Co‑operators is recognized as one of Canada's Top 100 Employers and ranked as one of Corporate Knights' Best 50 Corporate Citizens in Canada. For more information, please visit About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurance brands 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's trademarks, visit View source version on Contacts Albert LinPublic Relations ManagerGuidewire Software, Inc.+1-415-205-4214allin@ Co-operators Media Relationsmedia@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
17 hours ago
- Business
- Business Wire
Co-operators Transforms Claims Operations with Guidewire ClaimCenter on Guidewire Cloud Platform
GUELPH, Ontario & SAN MATEO, Calif.--(BUSINESS WIRE)-- Co-operators, a leading Canadian multi-line insurance and financial services organization, and Guidewire (NYSE: GWRE) announced that Co-operators successfully implemented Guidewire ClaimCenter on Guidewire Cloud Platform to power its claims management functions, adapt to changing market demands, and deliver more value to policyholders. A Guidewire customer since 2007, Co-operators migrated ClaimCenter to Guidewire Cloud Platform simultaneously for most of its property and casualty (P&C) lines of business in the provinces where it operates. The company also extended its ClaimCenter instance on Guidewire Cloud Platform to its subsidiary Sovereign Insurance. Co-operators previously migrated Guidewire PolicyCenter and Guidewire BillingCenter to Guidewire Cloud Platform in 2023. With the conclusion of this project, the majority of the company's P&C Operations are now a full Guidewire InsuranceSuite customer on Guidewire Cloud Platform. 'This was a multi-year transformation for Co-operators, a successful result of collaboration across our P&C Business and Technology teams and Guidewire,' said Harry Pickett, Executive Vice President and Chief Information Officer at Co-operators. 'We leveraged our learnings from our previous PolicyCenter and BillingCenter migration to accomplish this modernization on time and with little disruption to our claims process. The full suite on the Guidewire Cloud Platform provides us with more stability and security, and establishes a solid foundation for future enhancements, enabling us to be faster in implementing new features and capabilities that will deliver value to our stakeholders.' 'We congratulate Co-operators on its successful ClaimCenter implementation project on Guidewire Cloud Platform and concluding its full InsuranceSuite migration,' commented Guidewire Head of Professional Services Michael Mahoney. 'We look forward to working with the company to grow its business and continue providing financial security for Canadians and their communities as it's done for the past 80 years.' About Co-operators: Proudly Canadian since 1945, Co‑operators is a leading financial services co-operative, offering multi-line insurance and investment products, services, and personalized advice to help Canadians build their financial strength and security. With more than $72 billion in assets under administration, Co‑operators is well known for its community involvement and its commitment to sustainability. Currently a carbon neutral organization, Co-operators is committed to net-zero emissions in its operations and investments by 2040, and 2050, respectively. Co‑operators is recognized as one of Canada's Top 100 Employers and ranked as one of Corporate Knights' Best 50 Corporate Citizens in Canada. For more information, please visit About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurance brands 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's trademarks, visit .
Business Journals
22-05-2025
- Business
- Business Journals
Five things you need to know in Boston business news, and food as medicine
Good morning, Boston. It's National Vanilla Pudding day, and here are the five things you need to know in local business news to start your busy Thursday. 1. Boston population nears pre-pandemic levels Grant Welker reports that Boston is still behind its pre-pandemic population but has nearly returned to 2020 levels, according to new census data. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events 2. South Shore bank to be acquired for $44M William Hall reports that the parent company of North Shore Bank and two others in Massachusetts plans to acquire South Shore-based Colonial Federal Savings Bank and its holding company for $44 million. 3. Boston Scientific CEO buys Palm Beach County mansion (Photos) A trust controlled by Boston Scientific CEO Michael Mahoney paid $17.25 million for a mansion along the Lake Worth Lagoon near North Palm Beach, Florida, Brian Bandell of the South Florida Business Journal reports. On the calendar Join the Boston Business Journal for our 9th annual Business of Pride event, featuring our 2025 LGBT Corporate Ally Award and LGBT Trailblazer Award honorees. 4. Northeastern expands to New York City this summer Northeastern University is scheduled to complete its merger with Marymount Manhattan College in New York this summer, bringing over 1,700 students into the university's fold effective June 30, Maya Shavit reports. 5. TJX isn't worried about empty shelves Shavit also reports that TJX Companies Inc. plans to stay flexible and "take advantage" of tariff-driven volatility, executives said, adding that the retailer's discount model will do well in the current economy by undercutting traditional retailers. What else you need to know By the numbers $264,000 —record-high number of scholarships awarded ACE Mentor Program of Greater Boston to 28 senior students enrolled in its free after-school program designed to encourage Boston-area high school students to pursue careers in the architecture, construction and engineering fields ACE Mentor Program of Greater Boston $7 million — July 2024 sale price for a condo in the Lost Tree Club , a Jack Nicklaus Signature golf course in Palm Beach County, Florida, paid by the same trust owned by Boston Scientific's CEO that paid $17.25 million for a mansion (mentioned above) a condo in the Lost Tree Club $21.4 million — total compensation reported in 2024 by Boston Scientific CEO Michael Mahoney Today in history On this day in 1856, Preston Brooks, a congressman from South Carolina, viciously attacked Massachusetts Senator Charles Sumner on the floor of the U.S. Senate with a cane. (It would take three-and-a-half years before Sumner would be well enough to return to the Senate.) (Read more at What's good on WERS-FM Sign '☮︎' the Times, by Prince What I'm watching Welcome to Wrexham, Season 4, on Hulu A food-as-medicine project worth emulating Whenever I see Ed Gaskin, the executive director of Greater Grove Hall Main Streets, the conversation always ends up being about food. Often, it's about 'food as medicine.' The idea of food as medicine is that proper nutrition can be a powerful way to prevent and manage — even treat — certain health conditions. Often, particularly in urban settings and food deserts, where there's a lack of grocery stores or limited options for healthy food, the concept of food as medicine is particularly vital. So when Gaskin told me yesterday that his community development organization was honored with the Collaboration of the Year Award at the annual Food as Medicine Network conference in Chicago, I had to find out more. He shared with me that his award-winning Healthy Food Program focused on patients at Dorchester's Harvard Street Neighborhood Health Center who have Type 2 diabetes and who are enrolled in MassHealth. It provided $100 monthly to patients to purchase medically appropriate, healthy food at Stop & Shop stores using a digital card powered by IQPay technology, which not only simplified transactions but also preserved patient dignity by avoiding stigma that can sometimes come with food subsidies. Additionally, patients received an extra $50 monthly incentive if they consulted with a registered dietitian participating with the program. Gaskin said the project started with a $25,000 seed grant from John Hynes IV at Boston Global Investors to "Reimagine the Food Pantry." Harvard Street's involvement ensured the program would be HIPAA compliant, he said, and its registered dietitian, Sophie Walton, was the point of contact. Stop & Shop, as the local grocery store, offered its in-store dietitian, Christine Sinclair. And the pilot's remaining funding came from the Boston Public Health Commission's CHEE (Community Health Equity Empowerment) grants program, with the help of Melissa Hector, the BPHC's director of equitable and strategic initiatives, he said. As someone only recently diagnosed with Type 2 diabetes myself, I had no idea how much diet and healthy food plays a role in keeping my blood sugar regulated. For people and communities where access to the right foods is nearly impossible, managing their diabetes is equally challenging. Gaskin, who designed the program and led the collaboration, said he's now considering a focus on maternal health for the next phase of the program. If he does, I have no doubt he'll pull together another amazing group of collaborators and drive more positive change in his community. PARTING SHOT While scrolling the internet yesterday reading about the death of actor George Wendt, I stumbled upon this compilation of every time Norm entered Cheers. I couldn't get through all of it (it's 18 minutes), but what I did see, I loved: Subscribe to the Morning Edition or Afternoon Edition for the business news you need to know, all free. Top 10 Most Active Venture Capital Investors in Mass. Total number of VC deals in 2024 Rank Prior Rank Firm/prior rank (*unranked in 2024)/ 1 1 General Catalyst 2 8 SBXi 3 2 F-Prime Capital View this list
Forbes
07-05-2025
- Business
- Forbes
Michael Mahoney
Michael Mahoney has served as Boston Scientific's president and CEO since 2012. In 2016 he became its chairman. Mahoney was also the Worldwide Chairman of the Medical Devices and Diagnostics division of Johnson & Johnson franchise DePuy. He is on the board of directors of Baxter International, a producer of medical supplies and treatments. He graduated from the University of Iowa with a degree in finance and earned his MBA from Wake Forest University.
Yahoo
05-02-2025
- Business
- Yahoo
Markel moves to Guidewire Cloud for claims management
Markel has migrated its Guidewire ClaimCenter system to Guidewire Cloud for its specialty lines of business in the US. Through this move, the insurer is looking to modernise its claims management and IT operations. The migration was led by PwC, a Guidewire PartnerConnect Consulting Global Strategic member. Markel also announced the movement of Guidewire BillingCenter to the cloud and Markel International tapped ClaimCenter for managing claims within its international wholesale division. Markel has been a Guidewire client for many years. The company deployed Guidewire Compare and Guidewire Explore as part of its migration project. The aim is to monitor claims performance, assess it against industry peers with secure, anonymised data, and enhance operational efficiency across the organisation. Markel chief information officer Morris Taylor said: 'Migrating ClaimCenter onto Guidewire Cloud enables us to automate and transfer system maintenance and updates to Guidewire so our teams can increase their focus on delivering value to our customers and partners. 'Thanks to the exceptional collaboration between our team, PwC and Guidewire, which built on the change management and business readiness plans in place, the migration project was a success. Looking ahead, we are excited to explore the full potential of the Guidewire Analytics capabilities available on Guidewire Cloud and quicker access to best-in-class insurtech solutions that are part of the Guidewire Marketplace and the PartnerConnect ecosystem." Guidewire professional services senior vice-president Michael Mahoney stated: "We congratulate Markel on its successful ClaimCenter migration onto Guidewire Cloud, and we look forward to helping the company continue its mission of creating tailored coverage solutions for even the most complex needs and being there for people when they need them the most." This follows the recent reorganisation of Markel's US professional liability portfolio. The portfolio has been divided into four distinct pillars – management liability, errors and omissions, cyber and financial institutions. "Markel moves to Guidewire Cloud for claims management " 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
