Paris, Winnipeg, Manitoba, and Foster City, Calif., September 19, 2018 – The Wawanesa Mutual Insurance Company, the largest Canadian Property and Casualty Mutual insurer, has retained Capgemini to guide their Strategic Systems Renewal program to its completion. The program employs Core and Digital products from Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers. This implementation is Capgemini’s largest insurance core system transformation initiative in Canada.
“We will benefit from the leadership capabilities Capgemini can provide from its many years of experience with Guidewire and insurance industry delivery knowledge, both with us, and many other large organizations throughout North America,” said Carol Jardine, President of Wawanesa Mutual’s Canadian P&C Operations. “Our partnership will create more capacity within Wawanesa to deliver on our 2018-2020 strategy and we will see more results – faster – with the processes Capgemini will implement.”
Wawanesa’s business transformation covers the entire value chain with implementations of Guidewire InsuranceSuite™, Guidewire Rating Management™, Guidewire CustomerEngage™, and Guidewire ProducerEngage™. The objectives of the transformation are to streamline the way of doing business, accelerate speed to market, and reduce operational costs.
“The key to a successful implementation at Wawanesa is two-fold: true collaboration between Wawanesa, Guidewire and Capgemini as well as our using Capgemini’s methodology which allows multiple workstreams to be underway simultaneously providing quicker time to market and more value,” said Shane Cassidy, Managing Director, Insurance Business Unit, Capgemini.
Capgemini is also using its Applied Innovation Discover Center in Toronto to hold highly collaborative Strategic Assessment Workshops for Wawanesa. These workshops will establish governance and ensure leadership is fully aligned to a common vision and roadmap for Wawanesa’s digital transformation. The Applied Innovation Discover Center is designed to encourage interaction and creativity and is integral to this transformation.
Mike Polelle, Chief Delivery Officer, Guidewire, said, “Capgemini is a leading systems integrator of Guidewire InsurancePlatform™ products and we look forward to another successful implementation as we team together on Wawanesa’s digital transformation.”
A global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. It is a multicultural company of 200,000 team members in over 40 countries. The Group reported 2017 global revenues of EUR 12.8 billion.
Visit us at www.capgemini.com. People matter, results count.
About The Wawanesa Mutual Insurance Company
The Wawanesa Mutual Insurance Company, founded in 1896, is the largest Canadian Property and Casualty Mutual insurer with $3 billion in annual revenue and assets of more than $9 billion. Wawanesa Mutual, with executive offices in Winnipeg, is the parent company of Wawanesa General, which offers property and casualty insurance in California and Oregon; Wawanesa Life, which provides life insurance products and services throughout Canada; and Western Financial Group, which distributes personal and business insurance across Western Canada. With over 5,000 employees, Wawanesa proudly serves over two million policyholders through nine regional offices and 41 service offices in Canada and the United States. Wawanesa actively gives back to organizations that strengthen communities where it operates, donating well above internationally recognized benchmarks for excellence in corporate philanthropy. Learn more at www.wawanesa.com/canada/
About Guidewire Software
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 300 P&C insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on Twitter: @Guidewire_PandC.