Encova Insurance, a super-regional property and casualty (P&C) insurer, has selected Guidewire to help streamline its core business operations and enhance its digital capabilities.
The partnership aims to propel Encova’s digital transformation journey by leveraging Guidewire’s cutting-edge InsuranceSuite on Guidewire Cloud platform.
By migrating its core operations to the Cloud, Encova seeks to enhance operational efficiency, reduce IT infrastructure costs, and bolster its agility in responding to market demands.
Encova Vice President, Information Technology Application Services, Casey Jordan, stated, “We selected Guidewire Cloud because it serves our ongoing digital transformation journey. By leveraging InsuranceSuite on Guidewire Cloud, we will be able to shift system maintenance to Guidewire, so we can stay current on the latest innovations and decrease our own on-premise technology infrastructure footprint, enabling our IT staff to focus on tasks that deliver value to our agents and policyholders. We will also be able to manage risk by maturing our business continuity and disaster recovery capabilities.”
PwC Partner Imran Ilyas added, “We are thrilled that Encova entrusted PwC again to deliver the next stage of its transformation journey through the implementation of InsuranceSuite on Guidewire Cloud. Cloud transformation is no longer a luxury but a necessity for businesses to stay competitive in today’s rapidly evolving landscape. As a trusted partner, we are committed to delivering the highest level of expertise and support to Encova as they embark on this project.”
Guidewire Chief Marketing Officer Brian Desmond, remarked, “It’s been a true honour partnering with Encova in driving innovation and growth. As we transition into the next chapter together with Guidewire Cloud, we are excited to fulfil our role in delivering the agility Encova can depend on to continually enhance its offerings and services for agents and policyholders.”
Copyright © 2024 InsurTech Analyst