Guidewire Cloud to Power Policy Administration, Underwriting, and Billing Operations for WSIB
June 13 2022 - 7:55AM
Business Wire
Workers’ compensation insurer to leverage
Guidewire Cloud to increase business agility and deliver more value
to customers
Guidewire (NYSE: GWRE) announced that Ontario’s
Workplace Safety and Insurance Board (WSIB), a leading workplace
compensation board, has selected Guidewire Cloud to power the
company’s underwriting, policy administration, and billing
management operations, simplify its IT operations, adapt more
quickly to changing market demands, and deliver more value to its
customers. The WSIB is planning to simultaneously migrate its
current self-managed installations of Guidewire PolicyCenter and
Guidewire BillingCenter onto Guidewire Cloud.
“We’ve been a Guidewire customer since 2012 so we know that this
mission-critical system is reliable, secure, and stable for us,”
said Greg Morreale, Executive Director, Employers Technology
Services, Information Technology Cluster, WSIB. “By moving to the
cloud, we will be able to transfer responsibility of system
maintenance to Guidewire so we can modernize and stay current with
its technology and innovations to future-proof our
organization.”
Guidewire Cloud will also help the WSIB with business continuity
and risk mitigation so the company can focus its attention on
delivering more value to its business and customers, such as
self-service capabilities. In addition, the WSIB will be able to
leverage Guidewire Cloud’s enhanced data and analytics
capabilities, as well as its integration framework to easily
connect with third-party, best-in-class insurtechs that are part of
the Guidewire PartnerConnect ecosystem.
“We thank the WSIB for its continued trust in Guidewire and our
platform and welcome the company to the Guidewire Cloud,” said John
Mullen, President and Chief Revenue Officer, Guidewire. “We are
pleased to work with WSIB across underwriting, risk selection and
pricing, and core operations to provide the balance of relevant
innovation and reliable operations. We are pleased to work
alongside the team to help achieve the vision of making Ontario one
of the healthiest and safest places to work.”
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage,
innovate, and grow efficiently. We combine digital, core,
analytics, and AI to deliver our platform as a cloud service. More
than 450 insurers, from new ventures to the largest and most
complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable
their success. We are proud of our unparalleled implementation
track record, with 1,000+ successful projects, supported by the
largest R&D team and partner ecosystem in the industry. Our
marketplace provides hundreds of applications that accelerate
integration, localization, and innovation.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220613005006/en/
Diana Stott Director, Communications Guidewire Software, Inc.
+1.650.356.4941 dstott@guidewire.com
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