Gore Mutual Insurance Company has successfully deployed Guidewire’s InsuranceSuite in Guidewire Cloud, with InsuranceSuite serving as the new operating model for Gore Mutual’s Ontario personal lines automobile and Individually Rated Commercial Auto (IRCA) insurance business.
According to a company release, Gore Mutual is the first Canadian insurer to launch InsuranceSuite in Guidewire Cloud to implement full-service capabilities across three core business operations (namely, policy, billing, and claims) at the same time. The insurer also said that this development marks “significant progress” in its “Next Horizon” business strategy to transform from a mid-size, regional insurer to a national-scale digitally-led insurer.
By utilizing InsuranceSuite, Gore Mutual can now provide the following:
“We’re excited to take this significant step in our transformation,” said Gore Mutual CEO Andy Taylor. “Our Next Horizon strategy to transform our company into a top 10 national insurer is really coming to life as we launch a brand-new operating model for personal lines auto.”
“With brand-new technology, products, pricing, and our national contact centre, we’re investing in the future of our core insurance operations to ensure we continue to be a strong and supportive partner for our brokers,” added Gore Mutual chief operating officer Paul Jackson.
The insurer first unveiled its new operating model and plans to utilize Guidewire InsuranceSuite earlier this month.
