Guidewire products to support residential lines of business at
MONTREAL & FOSTER CITY, Calif.--(BUSINESS WIRE)--Dec. 5, 2018--
Optimum General Inc., Canadian property and casualty (P&C) insurers
providing their products exclusively through the broker distribution
network, and Guidewire Software Inc. (NYSE: GWRE), provider of the
industry platform P&C insurers rely upon, announced today that all
Optimum General Inc. companies, namely Optimum Insurance Company Inc.,
Optimum West Insurance Company Inc. and Optimum Farm Insurance Company
Inc. (“Optimum Companies”), have selected Guidewire InsurancePlatform™
Core products to assist with the operations of their residential lines
Optimum Companies selected Guidewire PolicyCenter™, Guidewire Rating
Management™, and Guidewire Reinsurance Management™ as their new
underwriting, policy administration, rating, and reinsurance management
products for their residential lines of business. Optimum Companies
sought to standardize their residential processes across their branches
and to increase their operational efficiency using the real-time
functionality of the selected Guidewire products.
“We expect that our relationship with Guidewire will help Optimum
increase speed-to-market,” said Noella Anthony, President of all Optimum
General Inc. companies. “Guidewire’s product maturity and previous
timely implementations were important factors in our decision-making
“Optimum will offer improved flexibility to our brokers with Guidewire
products,” stated Steve Boudreault, Manager, Information Technology at
Optimum General Inc. “This vendor will support us in upgrading and
implementing a new policy administration system for our residential
lines of business.”
“We welcome Optimum to the Guidewire customer community,” said Steve
Sherry, Chief Sales Officer, Guidewire Software. “We admire the
companies’ dedication to protecting their policyholders, their
forward-thinking approach in service delivery as one of the few key
players dedicated exclusively to brokers and we look forward to helping
them meet their current and future business objectives with our
About Optimum General Inc.
Optimum General Inc. is a Canadian holding that underwrites property and
casualty insurance for individuals and businesses in its three
companies: Optimum Insurance Company Inc., Optimum West Insurance
Company Inc. and Optimum Farm Insurance Inc. Its insurance products are
exclusively available through a distribution network of 600 independent
brokers across Canada. Optimum General Inc. is a subsidiary of Optimum
Group Inc., a private international financial group. Optimum strives to
provide excellent service to its brokers and insureds. For more
information, please visit www.optimum-general.com.
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/20181205005027/en/
Source: Guidewire Software Inc.
Guidewire Software, Inc.
Senior Vice President, Corporate Strategy and
Optimum General Inc.
Stephanie A. Berthiaume