|Insurance Corporation of British Columbia Deploys Guidewire Solution for Underwriting and Policy Management|
Guidewire PolicyCenter® implemented on time and on budget, increasing business agility and streamlining staff training time
ICBC selected PolicyCenter to replace its previous policy administration system as the company needed more agility and flexibility to handle its changing business needs. The change would also help the company decommission its major legacy applications, reducing a substantial amount of technology risk. ICBC successfully deployed PolicyCenter for its personal and non-fleet commercial auto line of business, and today has thousands of internal and external users using the new system. ICBC had previously successfully implemented Guidewire ClaimCenter® as its new claims handling system.
“The implementation of PolicyCenter at ICBC was the last major project
of our multi-year business transformation program and was one of the
largest and most complex system renewal initiatives to-date, both at
ICBC and in the industry – as such, Guidewire proved to be the perfect
partner for this massive undertaking,” said
PolicyCenter is enabling ICBC to:
“PolicyCenter has been stable since going live, and I commend the
Guidewire and EY technical and account teams, who were trusted partners
providing valuable advice and support throughout the implementation,”
“We are honored ICBC entrusted us with the transformation of its
“We congratulate ICBC on their successful PolicyCenter deployment,” said
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of
the member firms of
This news release has been issued by
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.