Guidewire PolicyCenter® is helping Quebec insurer better serve their
customers and improve business agility
QUEBEC CITY, Canada & FOSTER CITY, Calif.--(BUSINESS WIRE)--Oct. 8, 2015--
SSQauto, a Quebec direct insurer to group members as well as to the
general public, and Guidewire Software, Inc. (NYSE:GWRE), a provider of
software products to Property/Casualty (P/C) insurers, today announced
that SSQauto, a subsidiary of SSQ Financial Group, has successfully
implemented Guidewire PolicyCenter® as its new underwriting and policy
management solution. SSQauto also implemented Rating Management and
Client Data Management.
SSQauto, a $220 million direct written premium company, selected
PolicyCenter to replace its previous policy administration system with
one that could help the company minimize risk and grow with its
business. The insurer successfully deployed PolicyCenter to its
automotive line of business in 2013, followed by the homeowners line of
business in January 2015.
“Our implementation of PolicyCenter has gone smoothly and user feedback
has been positive,” said Eric Savard, Vice President, Software
Development Business Solutions – Individual Products, SSQ Financial
Group. “We attribute our successes to date to a combination of lessons
learned from our ClaimCenter and BillingCenter implementations, a very
strong and dedicated internal team, and Guidewire technology. This
implementation is a significant step in our journey to simplify our
products and processes onto a common set of platforms, giving us the
speed-to-market, agility, and cost advantage necessary to enable our
PolicyCenter is enabling SSQauto to:
Serve customers quickly and efficiently by leveraging automated
underwriting rules and real-time functionality;
Improve business agility by bringing new products and product
enhancements to market more quickly; and
Reduce the training time of its staff.
“We congratulate SSQ on their successful PolicyCenter deployment,” said
Mike Polelle, chief delivery officer, Guidewire Software. “We are proud
to help them adapt and succeed in the rapidly-changing insurance
SSQauto has been providing auto, home, and business insurance to group
members and individuals in Quebec for more than twenty-five years. With
its very competitive rates, unmatched service, and state-of-the-art
technology, SSQauto strives to redefine industry standards as it
continues to develop and grow.
About SSQ Financial Group
With a business volume approaching $3 billion and nearly $11 billion in
assets under management, SSQ Financial Group is a prominent mutualist
diversified financial institution in Canada.
The Group serves over 1 million clients and employs 2,000 employees.
SSQ, Life Insurance Company Inc., the Group's principal company, is
recognized for its leadership in the group insurance industry and
excellence and expertise in the investment and retirement sector. SSQ
Financial Group has also made its mark through sustained growth in the
home and auto insurance (SSQ General Insurance Company Inc.) and
individual insurance (SSQ Insurance Company Inc.) markets.
For more information, consult ssq.ca.
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.
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/20151008005058/en/
Source: Guidewire Software, Inc.
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Danielle Rioux, 1-866-332-3806
Analyst, Corporate Communications