Encova Insurance Selects Guidewire Cloud to Modernize Technology and Optimize Resources
March 11 2024 - 8:55AM
Business Wire
Encova Insurance, a super-regional property and casualty
(P&C) insurer, and Guidewire (NYSE: GWRE) announced that Encova
selected Guidewire InsuranceSuite on Guidewire Cloud to power its
core business and simplify its IT operations. A Guidewire customer
since 2014, the company will migrate InsuranceSuite from a
self-managed environment onto Guidewire Cloud simultaneously for
all of its lines of business and states where it operates.
Guidewire PartnerConnect Consulting Global Premier member PwC has
been selected to lead the implementation project.
“We selected Guidewire Cloud because it serves our ongoing
digital transformation journey,” said Encova Vice President,
Information Technology Application Services, Casey Jordan. “By
leveraging InsuranceSuite on Guidewire Cloud, we will be able to
shift system maintenance to Guidewire, so we can stay current on
the latest innovations and decrease our own on-premise technology
infrastructure footprint, enabling our IT staff to focus on tasks
that deliver value to our agents and policyholders. We will also be
able to manage risk by maturing our business continuity and
disaster recovery capabilities.”
“We are thrilled that Encova entrusted PwC again to deliver the
next stage of its transformation journey through the implementation
of InsuranceSuite on Guidewire Cloud,” said PwC Partner Imran
Ilyas. “Cloud transformation is no longer a luxury but a necessity
for businesses to stay competitive in today's rapidly evolving
landscape. As a trusted partner, we are committed to delivering the
highest level of expertise and support to Encova as they embark on
this project.”
"It's been a true honor partnering with Encova in driving
innovation and growth," remarked Guidewire Chief Marketing Officer
Brian Desmond. "As we transition into the next chapter together
with Guidewire Cloud, we are excited to fulfill our role in
delivering the agility Encova can depend on to continually enhance
its offerings and services for agents and policyholders."
About Encova Insurance
Encova Insurance provides commercial, auto and home
insurance.
A super-regional carrier ranked in the top 20 mutual insurance
companies in the United States, Encova is rated A (excellent) by AM
Best, the leading provider of insurer ratings. Encova includes more
than 1,100 associates writing in 27 states and Washington, D.C.,
premiums in excess of $1.2 billion, a surplus in excess of $2.1
billion and assets in excess of $5.1 billion. The group markets
insurance solutions through more than 2,000 independent agencies in
the Midwest, Northeast and South. For more information, visit
encova.com.
About Guidewire Software
Guidewire 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 more than 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 http://www.guidewire.com/ and
follow us on X (formerly known as Twitter) and LinkedIn.
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/20240311555002/en/
Diana Stott Director, Communications Guidewire Software, Inc.
+1.650.781.9955 dstott@guidewire.com
Casei Phillips Vice President, Branding and Communications
Encova Insurance 614-225-8666 casei.phillips@encova.com
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