Shelter Insurance® Selects Guidewire to Transform Business Operations
Shelter Insurance, a P&C insurance provider operating in 21 states, has selected Guidewire InsuranceSuite to transform its core business operations. This implementation is a key component of Shelter's Monarch business transformation initiative, aimed at improving and expanding capabilities. PwC will lead the implementation project.
The company will implement Guidewire's suite of products on Guidewire Cloud, including Canvas, Explore, HazardHub, and Predict, to enhance straight-through processing in underwriting and claims, drive data-driven decisions, and improve digital experience. The rollout will begin with personal lines across all operating states, followed by commercial lines.
Shelter Insurance, un fornitore di assicurazioni P&C attivo in 21 stati, ha scelto Guidewire InsuranceSuite per trasformare le proprie operazioni aziendali fondamentali. Questa implementazione è un componente chiave dell'iniziativa di trasformazione aziendale Monarch di Shelter, mirata a migliorare ed espandere le capacità. PwC guiderà il progetto di implementazione.
L'azienda implementerà la suite di prodotti di Guidewire su Guidewire Cloud, inclusi Canvas, Explore, HazardHub e Predict, per migliorare il processo diretto in underwriting e sinistri, favorendo decisioni basate sui dati e migliorando l'esperienza digitale. Il rollout inizierà con le linee personali in tutti gli stati operativi, seguito dalle linee commerciali.
Shelter Insurance, un proveedor de seguros P&C que opera en 21 estados, ha seleccionado Guidewire InsuranceSuite para transformar sus operaciones comerciales centrales. Esta implementación es un componente clave de la iniciativa de transformación empresarial Monarch de Shelter, con el objetivo de mejorar y expandir capacidades. PwC liderará el proyecto de implementación.
La empresa implementará la suite de productos de Guidewire en Guidewire Cloud, incluidos Canvas, Explore, HazardHub y Predict, para mejorar el procesamiento directo en suscripción y reclamaciones, impulsar decisiones basadas en datos y mejorar la experiencia digital. El despliegue comenzará con líneas personales en todos los estados operativos, seguido de líneas comerciales.
쉘터 보험, 21개 주에서 운영되는 P&C 보험 제공업체가 가이드와이어 인슈어런스 스위트를 선택하여 핵심 비즈니스 운영을 혁신합니다. 이 구현은 쉘터의 Monarch 비즈니스 혁신 이니셔티브의 핵심 요소로, 기능 개선 및 확장을 목표로 합니다. PwC가 구현 프로젝트를 이끌 것입니다.
회사에서는 가이드와이어 클라우드에서 가이드와이어의 제품군을 구현하여, 언더라이팅 및 청구에서 직통 처리 강화를 위한 Canvas, Explore, HazardHub 및 Predict를 포함합니다. 이를 통해 데이터 기반 의사결정을 유도하고 디지털 경험을 개선합니다. 배포는 모든 운영 주에서 개인 라인부터 시작하여 상업 라인으로 이어질 것입니다.
Shelter Insurance, un fournisseur d'assurance P&C opérant dans 21 États, a sélectionné Guidewire InsuranceSuite pour transformer ses opérations commerciales centrales. Cette mise en œuvre est un élément clé de l'initiative de transformation des affaires Monarch de Shelter, visant à améliorer et élargir les capacités. PwC dirigera le projet de mise en œuvre.
L'entreprise mettra en œuvre la suite de produits Guidewire sur Guidewire Cloud, comprenant Canvas, Explore, HazardHub et Predict, afin d'améliorer le traitement direct pour la souscription et les sinistres, d'encourager des décisions basées sur les données et d'améliorer l'expérience numérique. Le déploiement commence par les lignes personnelles dans tous les États d'exploitation, suivi des lignes commerciales.
Shelter Insurance, ein P&C-Versicherungsanbieter, der in 21 Bundesstaaten tätig ist, hat Guidewire InsuranceSuite ausgewählt, um seine Kerngeschäftsoperationen zu transformieren. Diese Implementierung ist ein wichtiger Bestandteil der Monarch-Geschäftstransformationsinitiative von Shelter, die darauf abzielt, Fähigkeiten zu verbessern und zu erweitern. PwC wird das Implementierungsprojekt leiten.
Das Unternehmen wird die Produktpalette von Guidewire auf Guidewire Cloud implementieren, darunter Canvas, Explore, HazardHub und Predict, um die End-to-End-Verarbeitung in der Zeichnung und Schadensabwicklung zu verbessern, datengestützte Entscheidungen voranzutreiben und die digitale Erfahrung zu verbessern. Der Rollout beginnt mit den privaten Linien in allen operativen Staaten und wird durch gewerbliche Linien folgen.
- Strategic technology investment to modernize core business operations
- Implementation of comprehensive cloud-based insurance solutions
- Enhanced data-driven decision-making capabilities
- Improved straight-through processing for underwriting and claims
- Expanded digital capabilities and agent visibility
- None.
Insights
This strategic partnership marks a significant technological transformation for Shelter Insurance, adopting Guidewire's comprehensive cloud-based insurance platform. The implementation of InsuranceSuite, along with additional Guidewire products, represents a major operational overhaul that will modernize Shelter's core insurance operations across 21 states. The selection of PwC as implementation partner adds credibility to this large-scale project.
The integration of Guidewire's data analytics tools (Canvas, Explore, HazardHub and Predict) indicates a strong focus on leveraging data-driven decision-making and automation. This should significantly enhance operational efficiency through improved straight-through processing and digital capabilities. For Guidewire, securing a multi-state insurer like Shelter validates their market position and could lead to recurring revenue through their cloud subscription model.
This deal strengthens Guidewire's position in the P&C insurance software market and demonstrates continued momentum in cloud adoption among mid-sized insurers. The comprehensive nature of the implementation - covering personal and commercial lines across all states - suggests a substantial contract value. The selection of multiple Guidewire products indicates strong cross-selling success and potential for sustained revenue growth through cloud subscriptions.
For Guidewire shareholders, this win represents positive momentum in the company's cloud transition strategy. The gradual implementation approach, starting with personal lines before commercial, suggests a well-planned rollout that could minimize execution risks while providing steady implementation revenue streams.
Shelter Executive Vice President Teresa Magruder said, “Shelter believes using technology and data to re-imagine business processes and workflows is the key to value creation for our agents, employees and customers. Guidewire fits with our Monarch business transformation initiative to highlight our strategic investment in technology and delivery of new business processes and models to keep Shelter in an industry-leading position now and into the future.”
“We selected Guidewire to transform our technology platform to meet our long-term business needs,” added Shelter Vice President of Strategy Matthew Schwartz. “Guidewire is a forward-thinking technology partner and provides a collection of leading solutions focused on P&C insurance and will continue to innovate and improve with every cloud release to accelerate our transformation effort.”
Shelter Vice President of Technology Strategy John Rooney mentioned, “Shelter believes using the Guidewire cloud platform to enhance straight-through processing in underwriting and claims, drive more data-driven decisions throughout operations, increase overall digital experience and adoption, and improve agent visibility into customer interactions and transactions, is the key to value creation for our agents, employees and customers.”
“We are pleased to help guide Shelter’s technological transformation. In today's dynamic and ever-changing business environment, cloud transformation has become an essential requirement rather than a luxury,” commented PwC Global Guidewire Practice Leader Imran Ilyas. “We remain dedicated to providing Shelter with unmatched expertise and support as they embark on this transformative project.”
Guidewire Chief Commercial Officer David Laker concluded, “We are pleased that Shelter has chosen Guidewire to serve as the technology foundation to continue its mission of building enduring relationships with its customers by providing exceptional service and value.”
Shelter also selected Guidewire Canvas, Guidewire Explore, Guidewire HazardHub and Guidewire Predict to embed insights—and the data behind those insights—directly into policy and claims workflows, as well as Guidewire Digital applications. The company plans to implement all of the Guidewire products on Guidewire Cloud for each of its P&C brands, beginning with all of the personal lines of business in each of the states where it operates individually, followed by all of the commercial lines of business.
About Shelter Mutual Insurance Company
Shelter Insurance® is a group of companies with four personal lines property and casualty companies, a reinsurance company and a life insurance company. Shelter markets through Shelter Insurance®, AmShield Insurance®, Haulers Insurance and offers auto, home, life, farm and business insurance services to customers in 21 states via a network of more than 2,000 local insurance agents and 2,100 employees. The firm’s headquarters is in
About PwC
At PwC, our purpose—to build trust in society and solve important problems—is at the core of everything we do. It guides how we serve our clients, our people and the world. To help our clients build trust and deliver sustained outcomes, PwC provides professional services across two segments: Trust Solutions and Consulting Solutions. Within these segments we bring a range of capabilities to help organizations solve faster, solve more and realize more value. These capabilities include cloud and digital, deals, ESG, cybersecurity and privacy, governance/boards, risk, transformation, tax services and much more. Across our global network of nearly 328,000 professionals in 152 countries, we are committed to advancing quality in everything we do.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.
We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241209192574/en/
Albert Lin
Public Relations Manager
Guidewire Software, Inc.
+1.415.205.4214
allin@guidewire.com
Jay MacLellan
Director of Public Relations
Shelter Insurance®
573-214-4393
jmaclellan@shelterinsurance.com
Source: Guidewire
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