Award recognizes Promutuel Insurance for its innovative eLearning
based PolicyCenter training approach and Celina for its analytics-based
agency prospecting tool
FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 19, 2016--
Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to
Property/Casualty (P/C) insurers, today announced that its clients,
Promutuel Insurance, and Celina Insurance Group, have each been named a
“Model Insurer” in the Celent Model Insurer 2016: Case Studies of
Effective Technology Use In Insurancereport.
Promutuel Insurance was recognized in the Innovation and Emerging
Technologies category for creating a new way to provide remote training
and communicate new standards to all of its users, not only for
underwriters and affiliated agents, but also to every actual and future
user of Promutuel Insurance’s systems and processes. As part of its
business transformation and Guidewire PolicyCenter implementation
project, the company, along with its implementation partner V-NEO,
created a new change management strategy and built a global eLearning
foundation, CAMPUS, to address the challenge of training 450 employees
on PolicyCenter after updating its operations and business processes
across 23 independent mutual associations with more than 100 points of
sales distributed across the province of Quebec, Canada, in an effort to
reduce costs, improve the learning curve, and at the same time
standardize underwriting in commercial and farm lines of business.
“Training employees on PolicyCenter while conducting a fast-paced
implementation project was a complex but very successful undertaking,”
said Colleen Risk, senior analyst with Celent and author of the report.
“The Promutuel Insurance project is an example of how insurers can
leverage agile project management methodology, business process-oriented
development, and continuous communication among diverse teams to ensure
a training initiative of this level is completed on time and within
budget.”
Celina Insurance Group was recognized as a 2016 Celent Model Insurer
winner in the Data Mastery and Analytics category for its use of machine
learning via Guidewire Predictive Analytics™ (formerly Talon from
EagleEye Analytics*) to create an analytics-based agency prospecting
tool to appoint agents in high potential underserved areas.
“The team at Celina is honored to be named a Model Insurer by Celent, a
well-respected analyst firm covering the Property/Casualty insurance
industry, and we are thrilled that Celent has recognized our innovative
use of technology for agency prospecting via analytics. With our recent
upgrade by A.M. Best to "Excellent", we are poised for accelerated
profitable growth, and our analytics-based agency prospecting tool
supports these efforts,” said Bill Montgomery, President and CEO, Celina
Insurance Group.
“On behalf of Guidewire, congratulations to Promutuel Insurance and
Celina Insurance Group on being recognized as 2016 Model Insurers by
Celent,” said Brian Desmond, chief marketing officer, Guidewire
Software. “We are very impressed with the work they have done, and are
pleased they have been recognized with this prestigious honor.”
Celent’s annual award program selects ‘model insurers’ and recognizes
them for their achievements in the strategic development, degree of
innovation, and business and customer impact of insurance technology.
The Celent Model Insurer 2016: Case Studies of Effective Technology
Use in Insurance recognizes 15 insurance technology initiatives as
“Model Insurer Components” and names the Celent Model Insurer of the
Year. These case studies represent best practices in the use of
technology and span key areas of the product and policyholder life
cycle, including product definition, distribution, underwriting, policy
administration, service, claims, and infrastructure. The report also
reviews IT best practices and measurable business results used in
evaluating the Model Insurer Components. Members of Celent's research
services can download the report at: http://www.celent.com/reports/model-insurer-2016-case-studies-effective-technology-use-insurance.
Non-members should contact info@celent.com
for more information.
About Celina Insurance Group
Founded in 1914, Celina Insurance Group is comprised of four mutual
property and casualty insurance companies. Celina underwrites auto,
non-standard auto, farm, home, commercial auto and property insurance as
well as umbrella and casualty coverage in six Midwestern states. Celina
Insurance Group is represented by some 500 independent agencies.
About Promutuel Insurance
Promutuel Insurance is among the largest property and casualty insurers
in Quebec. Known for its financial strength, high quality products and
customer service excellence, it employs 1,910 people and serves more
than 630,000 insureds. Promutuel Insurance’s mission is to promote and
offer insurance products that meet the needs of its clients. It is
committed to offering personalized quality service and to promoting the
mutualist values that have guided its activities for more than 160 years.
About Guidewire Software
Guidewire delivers the software that Property/Casualty (P/C) insurers
need to adapt and succeed in a time of rapid industry change. We combine
three elements – core processing, data and analytics, and digital
engagement – into a technology platform that enhances insurers’ ability
to engage and empower their customers and employees. More than 200 P/C
insurers around the world have selected Guidewire. For more information,
please visit www.guidewire.com.
Follow us on twitter: @Guidewire_PandC.
*Guidewire announced its acquisition of EagleEye Analytics on March 29,
2016. Talon has been renamed Guidewire Predictive Analytics.
NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, and 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/20160419006690/en/
Source: Guidewire Software, Inc.
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Director,
Communications
dstott@guidewire.com
