Canadian general insurer to leverage Guidewire
Core and Data products in the cloud to drive innovation and speed
to market and increase business growth
The Commonwell Mutual Insurance Group, an Ontario, Canada-based
mutual insurer, and Guidewire Software, Inc. (NYSE: GWRE), provider
of the industry platform Property and Casualty (P&C) insurers
rely upon, announced that The Commonwell successfully deployed
Guidewire InsurancePlatform* Core and Data products. The Commonwell
is modernizing its technology infrastructure to drive innovation
and speed to market and increase business growth. Their Guidewire
systems will run as a part of Deloitte’s InsurCloud, a cloud with
implementation, ongoing services, and support from Deloitte, a
Guidewire PartnerConnect™ Consulting Premier member. Guidewire’s
core, reinsurance, and data products have been simultaneously
deployed across all lines of business in Ontario, including
automobile, farm, residential, and small commercial.
Tim Shauf, president and chief executive officer, The Commonwell
said, “We realized that our goal of significantly increasing our
premium growth and membership, while maintaining our high standards
of member value, broker experience, and employee engagement,
required a fundamental shift in how our supporting technology was
deployed. By deploying InsurCloud, The Commonwell has successfully
delivered immediate member experience benefits as part of our
strategic business transformation, both across our organization and
distribution partner network.”
“InsurancePlatform deployed in InsurCloud has significantly
enhanced our member, agent, and broker experience by increasing
efficiencies in underwriting, billing, and rating accuracy,” said
Enrico Mastrangeli, vice president, Distribution and Member
Innovation, The Commonwell. “Through Commonwell Connect, our
brokers will have a seamless single sign-on journey from their
broker management system into The Commonwell Guidewire core
systems. This enhances their ability to act as trusted advocates
who can provide new customers with a once-and-done experience
through a real-time enabled technology platform.”
Jennifer Baziuk, vice president, Transformation and Strategic
Delivery, The Commonwell, said, “Thanks to the strong partnership
Guidewire and Deloitte have, and the InsurCloud solution, we were
able to complete the project early and under budget. We will now be
able to move towards a digital business model with Guidewire
products as our foundation, further transforming our business and
changing how the IT and Data Management & Data Reporting team
operates.”
Daniel Shum, managing partner, InsurCloud Solutions, Deloitte
Canada, said, “We are honored by The Commonwell’s confidence in
InsurCloud and their trust in Deloitte for the implementation,
hosting, and management of their Guidewire InsurancePlatform
systems.”
“We congratulate The Commonwell on its successful
InsurancePlatform deployment,” said Mike Polelle, chief delivery
officer, Guidewire Software. “We applaud The Commonwell’s
commitment to maintaining mutual, cooperative values that are
represented in its relationships with agents, brokers, and
policyholders. We are excited to see the company embrace the cloud
as it adapts its business for success in the rapidly-changing
Ontario insurance market.”
* The Commonwell deployed Guidewire InsuranceSuite™ and
Guidewire Reinsurance Management™ as its new core operations
software systems for underwriting, policy administration,
reinsurance, claims, and billing management. The company also
deployed Guidewire DataHub™ and Guidewire InfoCenter™ for
enterprise-wide data management and analytics.
About The Commonwell Mutual Insurance Group
Established January 1, 2014, The Commonwell Mutual Insurance
Group is a merger of three longstanding mutual insurance companies
that has been built on more than a century of hands-on commitment
to the local communities it serves. Since its founding almost six
years ago, The Commonwell Mutual Insurance Group operates on the
same historical premise of its three legacy companies – maintaining
a focus on local presence and service that builds strong long-term
relationships for the benefit of the greater community.
www.thecommonwell.ca
About Deloitte Canada
Deloitte provides audit & assurance, consulting, financial
advisory, risk advisory, tax and related services to public and
private clients spanning multiple industries. Deloitte serves four
out of five Fortune Global 500® companies through a globally
connected network of member firms in more than 150 countries and
territories bringing world-class capabilities, insights and service
to address clients’ most complex business challenges. To learn more
about how Deloitte’s approximately 264,000 professionals—9,400 of
whom are based in Canada—make an impact that matters, please
connect with us on LinkedIn, Twitter or Facebook.
Deloitte LLP, an Ontario limited liability partnership, is the
Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte
refers to one or more of Deloitte Touche Tohmatsu Limited, a UK
private company limited by guarantee, and its network of member
firms, each of which is a legally separate and independent entity.
Please see www.deloitte.com/about for a detailed description of the
legal structure of Deloitte Touche Tohmatsu Limited and its member
firms.
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/20191008005334/en/
Diana Stott Director, Communications Guidewire Software, Inc.
+1.650.356.4941 dstott@guidewire.com
Daniel Shum Managing Partner, InsurCloud Solutions Deloitte
Canada dashum@deloitte.ca
Michael-Elizabeth Paczek Manager Communication & Brand The
Commonwell Mutual Insurance Group +1.705-324-2146 Ext 1409
mpaczek@thecommonwell.ca
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