- Beneva completes migration to Guidewire Cloud Platform for enhanced policy administration and billing operations.
- The transition aims to improve agility and provide immediate access to new features.
- Guidewire (GWRE, Financial) provides technological foundation for Beneva's business strategy.
Beneva, Canada's largest mutual insurance company, has successfully transitioned its policy administration and billing operations to the Guidewire Cloud Platform. This strategic move is part of Beneva's initiative to simplify and enhance its underwriting, policy administration, and billing management processes. The project commenced with the personal lines of business and will ultimately include commercial and brokerage-based businesses.
This significant step harnesses the capabilities of Guidewire's PolicyCenter and BillingCenter, positioning Beneva to swiftly respond to market demands while delivering substantial value to their policyholders. The integration of these services into the cloud platform allows Beneva to stay updated with the latest features provided by Guidewire, including the Autopilot Workflow Service, Guidewire Data Studio, Guidewire Explore, and Guidewire Jutro Digital Platform.
Beneva's Vice-President of Information Technology Property and Casualty and Corporate Services, Éric Marcoux, expressed confidence in the SaaS-first approach, highlighting that the migration was completed on time and within budget, thanks to the collaboration with Guidewire and Deloitte Canada. Guidewire (GWRE, Financial) and its consulting partner Deloitte played pivotal roles in this transition, underlining the strengths of strong collaborative efforts.
With this deployment, Beneva now fully operates on the Guidewire InsuranceSuite on the cloud, after having transitioned its ClaimCenter in 2023. This comprehensive suite is expected to bolster Beneva’s strategy and success in the evolving insurance landscape, allowing the company to focus on its mission of providing caring insurance coverage.
For more details, visit beneva.ca or guidewire.com.
