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.
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 simultaneouslyproviding 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.