Beneva, a mutual insurance coverage firm in Canada, has transitioned its core insurance coverage operations to the Guidewire cloud platform to streamline operations.
The corporate has applied Guidewire PolicyCenter and BillingCenter to boost underwriting, coverage administration, billing administration and IT operations.
The migration, which started with private strains of enterprise, may also allow sooner adaptation to evolving market circumstances and enhance the general buyer expertise, the tech vendor claims.
Beneva is presently within the means of migrating Guidewire merchandise for its industrial strains of enterprise, with plans to finish the undertaking by transitioning its brokerage-based operations.
Beneva data expertise property and casualty and company companies vice-president Éric Marcoux mentioned: “We’re assured that by updating Guidewire Cloud Platform 3 times a 12 months, we will shortly derive enterprise worth from utilizing merchandise and options akin to Autopilot Workflow Service, Guidewire Knowledge Studio, Guidewire Discover and Guidewire Jutro Digital Platform which can be solely obtainable on Guidewire Cloud Platform.”
The transition follows the corporate’s earlier migration of Guidewire ClaimCenter to the cloud in 2023, making Beneva a full Guidewire InsuranceSuite buyer on the Guidewire Cloud Platform.
Guidewire chief buyer officer Christina Colby said: “We congratulate Beneva on their profitable PolicyCenter and BillingCenter migration undertaking to Guidewire Cloud Platform and are proud that InsuranceSuite on Guidewire Cloud Platform is serving because the expertise basis for the corporate’s enterprise technique and success now and into the longer term.”
Final month, Guidewire introduced a $60m funding over the following 5 years to broaden operations in Japan.
