Beneva Implements Guidewire Cloud to Strengthen Claims IT Operations
Largest Canadian mutual insurer leveraging Guidewire Cloud to enhance business processes and customer service
Quebec City, QC (Oct. 31, 2023) – Beneva, the largest mutual insurance company in Canada, and Guidewire are pleased to announce that Beneva has successfully deployed Guidewire ClaimCenter on Guidewire Cloud to power and simplify its claims business and related IT operations, adapt quickly to changing supply chain conditions, and deliver insights to its advisors and policyholders. The company, born from the coming together of SSQ and La Capitale (which have been Guidewire customers since 2010 and 2014, respectively), migrated its self-managed ClaimCenter environment onto Guidewire Cloud. Beneva is currently migrating its self-managed Guidewire PolicyCenter and Guidewire BillingCenter environments onto Guidewire Cloud as well. With the completion of that project, the company will be a full Guidewire InsuranceSuite customer on Guidewire Cloud.
“The cloud, specifically the leading-edge Guidewire Cloud technology, is at the heart of our strategy to continue to be the largest mutual insurance company in Canada,” said Beneva Information Technology Vice President Property and Casualty Insurance Ėric Marcoux. “With Guidewire Cloud, we realize business value more quickly by staying updated on Guidewire’s latest technology and innovations to enhance business processes and customer service.”
Marcoux added, “Thanks to our strong partnership with Guidewire, we finished the migration project on time and on budget. The transition to ClaimCenter on Guidewire Cloud was seamlessly managed for our operations and staff and within the first 4 months of going live, we were already able to take a version update which lived up to the promise of updatability with limited system downtime and impact to our business.”
“We thank Beneva for entrusting Guidewire Cloud as the technology foundation for its business strategy and success now and into the future, beginning with the enhancement of its claims operations,” said Guidewire Chief Customer Officer Christina Colby. “We congratulate Beneva on their successful ClaimCenter migration project onto Guidewire Cloud and look forward to helping the company remain the largest mutual insurance company in Canada and 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.”
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 5,000 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 beneva.ca.
Policyholders of contracts issued by an insurance company of Beneva Group Inc. are members of SSQ Mutual and La Capitale Civil Service Mutual.
About Guidewire Software
Guidewire (NYSE: GWRE) is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and machine learning to deliver our platform as a cloud service. More than 540 insurers in 40 countries, from new ventures to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,600+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.
For more information, please visit www.guidewire.com.
For information about Guidewire’s trademarks, visit www.guidewire.com/legal-notices/.
Source: Guidewire Software
Tags: Beneva, Guidewire
