{"id":23325,"date":"2025-03-31T17:00:24","date_gmt":"2025-03-31T17:00:24","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=82789"},"modified":"2025-03-31T17:00:24","modified_gmt":"2025-03-31T17:00:24","slug":"hdi-global-insurance-company-selects-guidewire-for-policy-administration-and-underwriting","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/03\/31\/hdi-global-insurance-company-selects-guidewire-for-policy-administration-and-underwriting\/","title":{"rendered":"HDI Global Insurance Company Selects Guidewire for Policy Administration and Underwriting"},"content":{"rendered":"

Corporate & Specialty insurer, HDI Global selects Guidewire PolicyCenter on Guidewire Cloud to enhance operational efficiency, improve customer experience, facilitate scalability, and leverage data-driven insights<\/i><\/strong><\/p>\n

San Francisco, CA (Mar. 27, 2025) \u2014 HDI Global Insurance Company (HGIC), the U.S. subsidiary of international Corporate & Specialty insurer, HDI Global SE (HDI), and Guidewire are pleased to announce that HGIC has selected Guidewire PolicyCenter as its new system for policy administration and underwriting. The company will implement PolicyCenter on Guidewire Cloud by line of business, beginning with general liability. HGIC selected Guidewire PartnerConnect Consulting Global Strategic member Ernst & Young LLP (EY US) to lead the implementation project.<\/p>\n

\u201cWe selected PolicyCenter on Guidewire Cloud because Guidewire has the modern, resilient, scalable, and secure platform and market leadership, cloud and product maturity, and track record of successful implementation projects that we were looking for,\u201d said HGIC Chief Underwriting Officer Marco Hensel. \u201cPolicyCenter will impact our combined ratio over time through better, smarter underwriting, while reducing cost through increased efficiencies.\u201d<\/p>\n

HGIC Chief Information and Transformation Officer (CITO) Kashif Syed added, \u201cHDI is committed to innovation and excellence in the insurance sector. Our partnership with Guidewire aligns with our strategic vision to be a leader in the insurance market through innovative solutions and act as our clients preferred Partner in Transformation. As the industry continues to evolve, leveraging cutting-edge technology is essential for maintaining a competitive edge. Guidewire\u2019s advanced technology platform will empower HDI U.S. to streamline policy management processes, enabling us to deliver faster and more accurate services to our clients. With Guidewire handling system maintenance, we can stay current on their technology and shift our resources to tasks that will deliver value to our employees, brokers, and policyholders.\u201d<\/p>\n

\u201cWe are honored that HDI and Guidewire have entrusted us with implementing PolicyCenter on Guidewire Cloud,\u201d said Ernst & Young LLP Technology Consulting Partner Vandana Sule. \u201cWe look forward to supporting both companies as HDI begins its cloud journey.\u201d<\/p>\n

\u201cWe thank HDI for its confidence in Guidewire and our cloud platform,\u201d commented Guidewire Chief Commercial Officer David Laker. \u201cWe are pleased to work with HDI to help it continue serving as a partner to its brokers and policyholders with innovative and proven solutions; to create real value and to maintain it.\u201d<\/p>\n

About HDI Global SE (HDI)<\/b><\/h4>\n

Corporate & Specialty Insurer HDI Global SE (HDI) meets the needs of SMEs, larger companies, middle market and corporate clients with insurance solutions that are specifically tailored to their requirements. In addition to HDI\u2019s prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 175 countries through its own HDI foreign branch offices, subsidiaries, affiliated companies, and network partners.<\/p>\n

In the United States, HDI operates through its three (3) wholly owned subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, IL and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands, HDI Global Select Insurance Company, a commercial property and casualty insurer licensed in Washington D.C., and in all US states, and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer which provides both primary and excess coverage to specialized industries and is also authorized to write business nationwide.<\/p>\n

Acting as the Partner in Transformation, HDI Global SE leads more than 5,100 International Programs and offers its multinational client\u2019s compliant coverage worldwide. HDI Global SE is the Corporate & Specialty Division of the Talanx Group and has been a leading insurer for several decades. Approximately 5,000 employees in this division generated insurance revenue (gross) of approx. EUR 9.1 billion in the year 2023 (according to IFRS 17).<\/p>\n

The rating agency Standard & Poor\u2019s has given the Talanx Primary Group a financial strength rating of AA-\/stable (very strong), and AM Best has assigned the A+ Rating. Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX. For more information, visit www.hdi-specialty.com<\/a>.<\/p>\n

About HDI Global Specialty<\/b><\/h4>\n

HDI Global Specialty SE is a specialty lines insurer. It is a joint venture of Hannover Re and HDI Global SE, both strong and established players in the insurance and reinsurance market, which are part of the Talanx Group. HDI Global Specialty\u2019s focus is on writing agency and specialty insurance businesswith operations in 9 locations and access to a global network of more than 150 countries through the HDI Global SE network. HDI Global Specialty also enjoys the same financial strength as HDI Global SE.<\/p>\n

About Guidewire Software<\/b><\/h4>\n

Guidewire (NYSE: GWRE)<\/em> 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.<\/p>\n

We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry\u2019s 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<\/a>.<\/p>\n

For information about Guidewire\u2019s trademarks, visit www.guidewire.com\/legal-notices\/<\/a>.<\/p>\n

Source: Guidewire Software, Inc.<\/em><\/p>\n

Tags: Guidewire<\/a>, HDI Global Specialty<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Corporate & Specialty insurer, HDI Global selects Guidewire PolicyCenter on Guidewire Cloud to enhance operational efficiency, improve customer experience, facilitate scalability, and leverage data-driven insights San Francisco, CA (Mar. 27, 2025) \u2014 HDI Global...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23325"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=23325"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23325\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=23325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=23325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=23325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}