California-based P&C Insurer is leveraging Guidewire InsuranceNow™ to
increase business agility and improve operational efficiencies
CALABASAS, Calif. & FOSTER CITY, Calif.--(BUSINESS WIRE)--Sep. 11, 2018--
Topa Insurance Company, a California-based Property and Casualty (P&C)
insurance provider, and Guidewire Software, Inc. (NYSE: GWRE), provider
of the industry platform P&C insurers rely upon, today announced that
Topa has successfully implemented Guidewire InsuranceNow™ for its
Commercial Excess and Commercial Auto lines of business.
Topa implemented InsuranceNow to modernize its technology platform and
transform the way it does business. The company is currently extending
the implementation to its other commercial and personal lines of
“Our previous environment consisted of disparate systems and processes
that lacked real-time information and integration and required a wide
variety of technical skills to maintain, leading to a high level of
complexity that affected our speed to market,” said John Donahue,
president and chief executive officer, Topa Insurance Group. “With
InsuranceNow, we have been able to improve underwriting, claims, and
reinsurance handling through enhanced integration, and better measure
improvements and opportunities for data, business intelligence, and
Brian Schween, senior vice president and chief information officer, Topa
Insurance Group, said, “By following a mainly out-of-the-box
implementation approach, using configuration to make changes rather than
customization, we were able to complete the initial implementation on
time and under budget, putting us in a good situation for our next
phases. Feedback from our users has been positive so far; they really
like the system and the new features and functionality available to
“We congratulate Topa on their successful InsuranceNow implementation,”
said David Burns, vice president, Professional Services, InsuranceNow,
Guidewire Software. “Topa is well known for their excellence in
underwriting, product development, and customer service. Guidewire
InsuranceNow is pleased to partner with a great company to provide an
industry-leading, value-based P&C core Software-as-a-Service (SaaS)
platform that enables Topa to adapt and succeed in a rapidly-changing
About Topa Insurance Company
Topa Insurance Company is one of the wholly owned subsidiaries of Topa
Insurance Group, a boutique insurance holding company based in
Calabasas, California, which provides wholesale insurance solutions.
Other subsidiaries include Dorchester Insurance Company (USVI), NevPac
Reinsurance (BVI), and Topa Insurance Services (USVI). The group is led
by our Board of Directors, William Anderson, Chair, Judith Munzig,
Brenda Seuthe, John Donahue, Michael Day and Judy Mann. Topa Insurance
Group is focused on underwriting profit, operational excellence and
agility for continuous growth. For more information about Topa Insurance
Group, please visit www.topa-ins.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/20180911005198/en/
Source: Guidewire Software, Inc.
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Delaney O’Brien, +1-818-466-5905