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Definity Becomes the First Canadian P&C Insurer to Transition Core Insurance Platform to Guidewire Cloud
Definity Becomes the First Canadian P&C Insurer to Transition Core Insurance Platform...
About this update from Definity Financial Corp.
[{"type":"text","content":"\n \n \n \n Definity Becomes the First Canadian P&C Insurer to Transition Core Insurance Platform to Guidewire Cloud\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n Definity Becomes the First Canadian P&C Insurer to Transition Core Insurance Platform to Guidewire Cloud\n \n \n Canada NewsWire\n \n \n \n \n \n New Cloud Solution Allows Agility, Scale, and Innovation While Enhancing Security\n \n \n \n \n \n WATERLOO, ON\n \n and\n \n SAN MATEO, Calif.\n \n \n ,\n \n \n Sept. 7, 2022\n \n \n /CNW/ -\n \n Definity Financial Corporation\n \n (\"Definity\") (TSX: DFY) and Guidewire (NYSE: GWRE) announced that Definity has successfully transitioned the Economical digital broker offering, Vyne, and its digital direct platform, Sonnet, to the latest cloud-based technologies. As the first Canadian P&C insurer to have its core insurance platform take advantage of Guidewire Cloud capabilities, Definity expects to be better positioned to continue to scale its business, enhance the quality of service to broker partners and customers, and continue to innovate with agility.\n \n \n \n \n \n \n \n \n \n As a newly public company, resulting from the largest Canadian IPO of 2021, and as\n \n Canada's\n \n leading digital insurer, Definity aspires to stay on the forefront of business innovation by working with like-minded organizations to find new ways of making insurance better. The transition to cloud-based services is expected to give Definity early access to products, features, capabilities, and broader connectivity with insurtech ecosystems with minimal interruption to brokers and customers.\n \n \n \"At Definity, we are focused on being\n \n Canada's\n \n leading digital insurer poised for sustainable growth and profitability,\" said\n \n Tatjana Lalkovic\n \n , SVP and CIO, Definity. \"Modernizing our core infrastructure brings opportunity for agility, scale, and innovation alongside Guidewire's partner ecosystem.\"\n \n \n This is a milestone in the collaboration between Definity, Guidewire, and Deloitte in the Definity clo...