Co-operative Insurance Companies Implements Guidewire Cloud-Based, All-in-One Solution

By a News Reporter-Staff News Editor at Computer Weekly News -- Co-operative Insurance Companies (Co-op), a provider of Property and Casualty (P&C) insurance in Vermont and New Hampshire, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to P&C insurers, announced that Co-op has successfully implemented Guidewire InsuranceNow™ to its Business Owners Policy (BOP) line of business in Vermont and New Hampshire.

Co-op implemented InsuranceNow to modernize its technology platform and transform the way it does business. The company will be extending the implementation of InsuranceNow to its other commercial lines of business, followed by its personal lines of business.

"This initial implementation of InsuranceNow to our BOP line of business has been a huge milestone for us," said Marie Jewett, chief executive officer, Co-op. "We appreciate the true partnership that we have developed with ISCS, and now Guidewire, and I cannot say enough about how hard the team has worked on our behalf. Everyone has worked as a cohesive unit over the course of the implementation project."

"By following a mainly out-of-the-box implementation approach, using configuration to make changes rather than customization, we experienced a relatively smooth implementation from start to finish," said Eric Rhoades, senior vice president, Information Systems, Co-op. "Feedback from across the business has been positive so far, especially regarding the system's intuitiveness. Our flow of new business has increased since going live with InsuranceNow."

Keywords for this news article include: Guidewire Software Inc..