This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Workplace Safety And Insurance Board Selects Guidewire Solution For Rating, Underwriting, Policy Administration, Billing, And Claims Management

Ontario’s Workplace Safety and Insurance Board (WSIB), a leading workplace compensation board, and Guidewire Software, Inc. (NYSE: GWRE), a provider of flexible core system software to Property/Casualty insurers, today announced that the WSIB has selected Guidewire InsuranceSuite™ as its new platform for rating, underwriting and policy administration (account management), claims management, and billing. Guidewire PartnerConnect™ alliance member, Deloitte Inc., has been selected to lead the implementation project, with the WSIB and Guidewire working in close collaboration.

The WSIB is replacing its internally built systems to gain flexibility and allow it to respond more quickly to business changes, including meeting the demands of a distributed mobile environment. InsuranceSuite will also help the WSIB to transform its business processes and offer electronic services that cover the entire insurance lifecycle to its staff and customers.

“We are looking forward to the enhanced customer service capabilities that InsuranceSuite will bring,” said John Hill, chief information officer and vice president, Transformation, WSIB. “We are excited to give our customers a 360 degree view of their relationship with us as well as more flexibility around how they choose to interact with us whether that be in a mobile or traditional browser-based environment.”

InsuranceSuite will enable the WSIB to:

  • Increase customer service levels by offering options that best suit customer communications preferences;
  • More easily and quickly implement system changes;
  • Reduce the cost of processing claims and managing accounts by leveraging a common skill set and configuration tools; and
  • Leverage a modern platform to consolidate and standardize claims, account management, and billing systems and handling processes while enabling significant process efficiencies.

“We are pleased to welcome the WSIB to the Guidewire family as an InsuranceSuite customer,” said Steve Sherry, vice president, The Americas, Guidewire Software. “We admire their dedication to transforming their core systems and business processes in order to best serve their customers, and we look forward to working with them on this project.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs