Society Insurance Selects Guidewire InsurancePlatform
October 03 2019 - 8:55AM
Business Wire
Multi-state commercial insurer to leverage
Guidewire’s industry platform to modernize its business operations
and increase efficiency
Society Insurance, a multi-state commercial insurance provider
specializing in the hospitality industry, and Guidewire Software,
Inc. (NYSE: GWRE), provider of the industry platform Property and
Casualty (P&C) insurers rely upon, today announced that Society
Insurance has selected Guidewire InsurancePlatform™* to replace its
current insurance systems and modernize the way it does business to
help drive future growth. The company will implement
InsurancePlatform for all lines of business in the states where it
operates. Guidewire PartnerConnect™ Consulting Premier member, PwC
US, has been selected to lead the implementation project.
“I am excited about continuing to grow and invest in our company
through Guidewire’s industry platform. Our agents, policyholders,
and employees will see the benefits and ease of doing business with
these intuitive and integrated systems,” said Rick Parks, president
and chief executive officer, Society Insurance. “Guidewire’s vision
and path forward will help guide us through our transformation and
support our strong customer focus.”
“We began this journey about two and half years ago as we
developed the action plan to support our corporate strategy. Along
the way, we’ve made the investment in both time and people
resources to select a partner that is focused exclusively on the
P&C vertical and aligned with our culture and focus on customer
experience, whether from the agent, policyholder, or employee
perspective,” said Dina Schultz, senior vice president and chief
operations officer, Society Insurance. “We are very excited to
begin this business transformation journey with Guidewire as a
business partner by our side.”
“We are honored that Society Insurance has entrusted us with its
Guidewire InsurancePlatform implementations,” said Imran Ilyas,
principal, PwC. “We are proud to provide support to better meet
needs and expectations in a rapidly changing insurance
marketplace.”
“We welcome Society Insurance to the Guidewire customer family
and appreciate its recognition of the advantages our platform
provides in running its business,” said Steve Sherry, chief sales
officer, Guidewire Software. “We admire Society’s steadfast
commitment to customer experience and look forward to helping
optimize operations, enhance digital capabilities, and use data in
new ways.”
* Society Insurance selected Guidewire InsuranceSuite™,
Guidewire Client Data Management™, Guidewire Product Content
Management™, Guidewire Rating Management™, and Guidewire
Reinsurance Management™ as its new underwriting, policy
administration, claims, billing, client data, product content,
rating, and reinsurance management systems. The company also
selected Guidewire EnterpriseEngage™ to provide a seamless
omnichannel digital experience to its policyholders, agents,
customer service representatives, and vendors. In addition, Society
Insurance selected Guidewire Predictive Analytics™ to embed
predictive insights into InsuranceSuite, creating a Smart Core™
system that will use advanced analytics to solve specific business
problems and deliver actionable insights at the time key decisions
are being made. The company also selected SmartCOMM™ from Smart
Communications for customer communications management. Guidewire is
a reseller of Smart Communications, a Guidewire PartnerConnect™
Solution and Ready for Guidewire program member.
About Society Insurance
Headquartered in Fond du Lac, Wis., Society Insurance has been a
leading niche insurance carrier since 1915. Society focuses on the
small details that make a big difference to its policyholders while
offering top-notch insurance coverage, service, and competitive
pricing to businesses in Wisconsin, Illinois, Indiana, Iowa,
Tennessee, and Minnesota. Learn more at
www.societyinsurance.com.
About PwC US
At PwC, our purpose is to build trust in society and solve
important problems. PwC is a network of firms in 158 countries with
more than 236,000 people who are committed to delivering quality in
assurance, advisory and tax services. Find out more and tell us
what matters to you by visiting us at www.pwc.com/US.
PwC refers to the PwC network and/or one or more of its member
firms, each of which is a separate legal entity. Please see
www.pwc.com/structure for further details.
About Guidewire Software
Guidewire delivers the industry platform that Property and
Casualty (P&C) insurers rely upon to adapt and succeed in a
time of accelerating change. We provide the software, services, and
partner ecosystem to enable our customers to run, differentiate,
and grow their business. We are privileged to serve more than 350
companies in 34 countries. For more information, please visit
www.guidewire.com and follow us on twitter: @Guidewire_PandC.
NOTE: For information about Guidewire’s trademarks, visit
https://www.guidewire.com/legal-notices.
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version on businesswire.com: https://www.businesswire.com/news/home/20191003005197/en/
Diana Stott Director, Communications Guidewire Software, Inc.
+1.650.356.4941 dstott@guidewire.com
Brooke Droese Senior Marketing Communications Specialist Society
Insurance +1.888.5.SOCIETY bdroese@societyinsurance.com
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