(Image credit: Erika Wittlieb/Pixabay.)
SGI CANADA (Regina, Saskatchewan), the property/casualty insurance division of SGI (originally Saskatchewan Government Insurance(, which offers products in five of Canada’s provinces, has subscribed to Guidewire Software’s (San Mateo, Calif.) InsuranceSuite and Guidewire Live Predict on Guidewire Cloud to power its core operations.
SGI CANADA will use the cloud-based InsuranceSuite application to house its corporation’s insurance products, according to a Guidewire statement. As a cloud-based solution, Guidewire provides increased flexibility and configurability to adapt to changing market needs and customer expectations, according to the vendor. Guidewire Live Predict will provide SGI CANADA actuaries build insights into the company’s business, providing SGI CANADA with a competitive advantage in the market, the Guidewire statement says.
Becoming a True Digital Insurer
“By moving to Guidewire, we’re taking a giant step toward a technology solution that will enable SGI to become a true digital insurer,” comments Darlene Schultz, VP, Digital and Corporate Projects, SGI CANADA. “In the competitive market, we sell our products exclusively through our network of broker partners. Our partnership with Guidewire will allow us to best support our brokers in meeting customer expectations and responding to their changing needs.”
“A cloud-first approach has always been paramount for our digital strategy,” Schultz adds. “What sets SGI CANADA apart from our competitors is our commitment to our broker partners and our strong customer focus. The customer truly is at the center of our business. We see great opportunities to improve and enhance the customer experience.”
“We are pleased to welcome SGI CANADA to the Guidewire customer community and Guidewire Cloud,” comments Ken Shapiro, Group VP of Sales, Americas, Guidewire. “We are humbled by the company’s confidence in our cloud services capabilities to help it adapt to the demands of a rapidly changing marketplace in order to pursue their vision of transforming the insurance experience to promote peace of mind and safer communities.”
Guidewire PartnerConnect Consulting member Deloitte is leading the implementation project, leveraging its InsurCloud platform accelerator to implement InsuranceSuite and Live Predict in Guidewire Cloud, the vendor reports.
Deloitte Canada Industry Solutions partner said, “We are honored that SGI CANADA is putting its trust in Deloitte and Guidewire as the foundation for the next phase of their business transformation,” comments David Kerr, Industry Solutions Partner, Deloitte Canada.
Guidewire describes InsurCloud as pre-configured for the Canadian insurance industry and built to improve speed to market in personal lines, farm, and small commercial product lines, while reducing costs and risk.