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HomeMarketColumbia Insurance coverage Group Selects Guidewire to Modernize Enterprise Operations By Investing.com

Columbia Insurance coverage Group Selects Guidewire to Modernize Enterprise Operations By Investing.com

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COLUMBIA, Mo. & SAN MATEO, Calif.–(BUSINESS WIRE)–Columbia Insurance coverage Group (Columbia), a mutual insurance coverage firm specializing in complete property and casualty insurance coverage for small and mid-sized companies, and Guidewire (NYSE: NYSE:) announce a brand new partnership.

Columbia chosen Guidewire InsuranceSuite as their subsequent technological platform to make sure they’re serving clients to the perfect of their capacity. Quickly Guidewire will energy Columbia’s core enterprise, simplify its IT operations and assist ship extra worth to brokers, policyholders and staff.

It’s a vital transfer to fulfill the altering market calls for, in accordance with Columbia Vice President and Chief Info Officer Lisa Wharton.

We chosen Guidewire as a result of we wanted to modernize our expertise platform to fulfill our long-term enterprise technique wants, she mentioned. Guidewire is the main insurance coverage software program supplier on this planet. It’s forward of others in performance, concentrate on analysis and growth, and help, simply to call a couple of.

Columbia plans to implement InsuranceSuite on Guidewire Cloud for all traces of enterprise in every of the states the place it operates individually. Guidewire PartnerConnect Consulting International Premier member PwC will support within the undertaking’s implementation.

In keeping with PwC International Guidewire Follow Chief Imran Ilyas, they’re happy to assist information Columbia’s technological transformation.

In right this moment’s dynamic and ever-changing enterprise atmosphere, cloud transformation has grow to be a vital requirement moderately than a luxurious, Ilyas mentioned. We stay devoted to offering Columbia with unmatched experience and help as they embark on this transformative undertaking.

Wharton agreed. Guidewire’s method to cloud transformation made it a straightforward subsequent alternative. The automation, real-time processing and talent to reap the benefits of rising applied sciences will place us to raised compete with larger insurers.

Guidewire Chief Gross sales Officer David Laker mentioned Guidewire is completely happy to accomplice on this latest chapter in Columbia’s journey to serve clients effectively. We’re happy Columbia has chosen Guidewire to function the expertise basis to proceed its mission of constructing enduring relationships with its clients by offering distinctive service and worth, he mentioned.

Wharton mentioned this new partnership helps guarantee Columbia’s trusted, superior customer support will proceed for generations to return.

It’s actually a monumental time for Columbia, and Guidewire is a key a part of that plan. It gives a brand new, revolutionary method enabling smaller insurers to implement rising applied sciences in a extra economical and expedient style, she mentioned. We’re assured in our plan to ship a state-of-the-art system that can present a greater expertise with much less transactional friction, increased effectivity and improved pace to market.

Columbia additionally chosen Guidewire Canvas, Guidewire Examine, Guidewire Discover, Guidewire HazardHub and Guidewire Predict to embed insights”and the info behind these insights”immediately into coverage and claims workflows. Moreover, the corporate chosen SmartCOMM™ from Sensible Communications for buyer communications administration. Guidewire is a reseller of Sensible Communications, a Guidewire PartnerConnect Resolution member.

About Columbia Insurance coverage Group

Insuring peace of thoughts since 1889, Columbia Insurance coverage Group focuses on offering complete property and casualty insurance coverage safety to small and mid-sized companies. Because of a dedication to distinctive service, partnership with unimaginable impartial brokers and a dedication to steady enchancment, right this moment CIG serves coverage holders in 14 states with regional places of work in Columbia (headquarters), Atlanta, Austin and Omaha. For extra info, please go to http://www.colinsgrp.com.

About PwC

At PwC, our goal is to construct belief in society and resolve vital issues. We’re a community of companies in 152 nations with over 327,000 people who find themselves dedicated to delivering high quality in assurance, advisory and tax providers. Discover out extra and inform us what issues to you by visiting us at www.pwc.com.

About Guidewire Software program

Guidewire is the platform P&C insurers belief to have interaction, innovate and develop effectively. ‹We mix digital, core, analytics and machine studying to ship our platform as a cloud service. Greater than 540 insurers in 40 nations, from new ventures to the biggest and most complicated on this planet, run on Guidewire.

As a accomplice to our clients, we regularly evolve to allow their success. We’re happy with our unparalleled implementation monitor file, with greater than 1,600 profitable tasks, supported by the biggest R&D staff and accomplice ecosystem within the business. Our market supplies lots of of functions that speed up integration, localization and innovation.

For extra info, please go to http://www.guidewire.com/ and comply with us on X (previously referred to as Twitter) and LinkedIn.

NOTE: For details about Guidewire’s emblems, go to https://www.guidewire.com/legal-notices.

Diana Stott
Director, Communications
Guidewire Software program, Inc.
+1.650.781.9955
dstott@guidewire.com

Mary Ellen Lohmann
Company Communications Specialist
Columbia Insurance coverage Group
573-474-6193, ext. 1028
mlohmann@colinsgrp.com

Supply: Guidewire Software program, Inc.

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