Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

ETHIAS CHOOSES GUIDEWIRE CORE AND DATA PRODUCTS

Belgian insurer to use Guidewire software for operational efficiency and product innovation

Ethias SA, a Belgian public sector insurance company, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced that Ethias has chosen GuidewireInsuranceSuite™ as its platform for underwriting, policy administration, claims management, and billing. The insurer also selected Guidewire Client Data Management™, Guidewire Rating Management™, and Guidewire Reinsurance Management™. In addition, Ethias has selected GuidewireDataHub™ to support its enterprise-wide data management strategy.

Ethias, is the main insurer for Belgium’s public sector, founded on a culture of mutually beneficial relationships of trust for all stakeholders; policyholders, staff and shareholders. In selecting GuidewireInsuranceSuite, Ethias plans to maintain and further grow its market position, responding to current and future customer demand. It plans to implement Guidewire software over several phases, across each line of business.

“We were attracted by Guidewire’s momentum in the Belgian market, as well as their implementation and upgrade track record,” said Benoit Piret, Business Transformation Manager, Ethias. “Guidewire’s comprehensive and mature solution can support us both now and into the future.”

 Guidewire Core and Data products will enable Ethias to:

  • Better understand and manage claims leakage, and reduce high risk claims;
  • Boost responsiveness by shortening time to market for enhanced and new products;
  • Increase efficiency throughout policy and claims life-cycles by automating routine tasks and streamlining processes; and
  • Leverage digitalisation and multi-channel capabilities.

“Our strategic plan is to simplify and streamline our underwriting, claims and billing processes, and the Guidewire platform will support us to this end,” commented Benoit Piret, Business Transformation Manager, Ethias. “In addition, Guidewire technology will enable us to implement our digitalisation blueprint, to engage effectively with the IoT, and provide our customers with the products they want now and in the years to come.”

“We are pleased to welcome Ethias as our latest Belgian customer,” said Keith Stonell, managing director, EMEA, Guidewire Software. “Belgium is a significant market for us in Europe, and the experience with Ethias so far has helped us deepen our knowledge of the local general insurance market, as well as strengthen our local network of expert partner consultants. We look forward to supporting Ethias as they continue to develop and innovate their products and services in response to customer need.”