Leading Canadian insurer leverages advanced analytics to better
manage claims process and improve customer experience
GUELPH, Ontario & FOSTER CITY, Calif.--(BUSINESS WIRE)--Dec. 11, 2018--
The Co-operators, a leading Canadian multi-line insurance and financial
services organization, has chosen Guidewire Predictive Analytics™ for
Claims to embed predictive insights into Guidewire ClaimCenter™ and
supplement the systems it has in place. Guidewire Software, Inc. (NYSE:
GWRE) provides the industry platform that Property and Casualty (P&C)
insurers rely upon. The Co-operators will adopt a Smart Core™ system to
augment its evolving predictive analytics strategy, and deliver
actionable insights to enable key decisions. The Co-operators has been a
ClaimCenter customer since 2008.
“We selected Guidewire Predictive Analytics primarily for its ease of
integration,” said Carl Lambert, vice president, Business Intelligence,
and chief data and analytics officer (CDAO), with The Co-operators.
“Guidewire’s solution will enable us to incorporate insights from our
predictive analytics models and improve our overall claims processes.
Ultimately, this is all about our clients. The more efficient we are at
handling claims and the more accurately we identify fraud risk, the
better the client experience.”
“We are pleased that The Co-operators has embarked on its Smart Core
journey by expanding its relationship with Guidewire and selecting
Predictive Analytics to complement its decade-long use of ClaimCenter,”
said Steve Sherry, chief sales officer, Guidewire Software. “We admire
the company’s vision of delivering tangible value to meet and exceed its
clients’ needs and expectations, and look forward to helping the company
continue to adapt and succeed in today’s rapidly-changing insurance
The Co-operators Group Limited is a Canadian co-operative with more than
$42.5 billion in assets under administration. Through its group of
companies, it offers home, auto, life, group, travel, commercial and
farm insurance, as well as investment products. The Co-operators is well
known for its community involvement and its commitment to
sustainability. The Co-operators is listed among the Best Employers in
Canada by Aon Hewitt and Corporate Knights' Best 50 Corporate Citizens
in Canada. For more information, visit www.cooperators.ca.
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 32 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181211005003/en/
Source: Guidewire Software
Guidewire Software, Inc.