Canadian insurer honored for leveraging Guidewire Core products to
create Sonnet, an industry-leading digital insurance experience that
puts the customer first
WATERLOO, Ontario & FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 27, 2017--
Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to
Property and Casualty (P&C) insurers, is pleased to share that its
Insurance, has been awarded the 2017 Insurance Canada Technology
Award and the People’s Choice Award for launching Sonnet,
a new direct brand with a simple and clear user experience for buying
Economical partnered with Deloitte to deploy Guidewire PolicyCenter® and
BillingCenter and layer on sophisticated analytics and digital
capabilities to create a unique user experience for Sonnet, launching
with personal home insurance in May 2016, followed by a personal auto
insurance launch in August 2016. The innovative digital experience
offers Canadians a customized, bindable quote seconds after answering a
handful of simple questions. Economical worked diligently to craft and
deliver straightforward information so customers understand what they
“Economical is honored to be recognized with a 2017 ICTA and the
People’s Choice Award,” said Alice Keung, SVP and Chief Information
Officer, Economical Insurance. “Meeting our customers’ needs is a top
priority for us, and we are pleased to be able to offer them a fast,
fair and clear insurance policy buying experience and online account
management anytime, anywhere – on any device.”
“We congratulate Economical for being recognized as the 2017 Insurance
Canada Technology Award and People’s Choice Award winner,” said Mike
Polelle, chief delivery officer, Guidewire Software. “Economical
embraces technology to help them provide high levels of customer
service, and we are impressed with their dedication to addressing
evolving customer preferences and needs.”
About the ICTAs
The Insurance Canada Technology Awards – the “ICTAs” – highlight and
celebrate the use of technologies that impact insurance. They have been
awarded annually since 2010 at the Insurance-Canada.ca Technology
The 2017 ICTAs were presented at the 15th annual Insurance-Canada.ca
Technology Conference (ICTC2017) in Toronto on February 28, 2017.
For more information, please visit: http://www.insurance-canada.ca/Insurance-Canada-Tech-Award/icta.php
About Economical Insurance
Founded in 1871, Economical is one of Canada’s leading property and
casualty insurers, with $2.0 billion in premiums during 2016 and $5.4
billion in assets as at December 31, 2016. Based in Waterloo, ON, this
Canadian-owned and operated company services the insurance needs of more
than one million customers across the country. Economical conducts
business under the following brands: Economical Insurance, Economical,
Western General, Economical Select, Perth Insurance, Sonnet, Petsecure,
Economical Financial, and Family Insurance Solutions.
About Guidewire Software
Guidewire delivers the software that Property and Casualty (P&C)
insurers need to adapt and succeed in a time of rapid industry change.
We combine three elements – core operations, data and analytics, and
digital engagement – into a technology platform that enhances insurers’
ability to engage and empower their customers and employees. More than
260 P&C insurers around the world have selected Guidewire. For more
information, please visit www.guidewire.com.
Follow us on twitter: @Guidewire_PandC.
NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, are registered trademarks of
Guidewire Software, Inc. in the United States and/or other countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170427005518/en/
Source: Guidewire Software, Inc.
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Doug Maybee, +1-519-570-8249
Manager, Public and