New Cloud Solution Allows Agility, Scale, and
Innovation While Enhancing Security
Definity Financial Corporation (“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 Platform
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.
As a newly public company, resulting from the largest Canadian
IPO of 2021, 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.
“At Definity, we are focused on being Canada’s leading digital
insurer poised for sustainable growth and profitability,” said
Tatjana Lalkovic, SVP and CIO, Definity. “Modernizing our core
infrastructure brings opportunity for agility, scale, and
innovation alongside Guidewire’s partner ecosystem.”
This is a milestone in the collaboration between Definity,
Guidewire, and Deloitte in the Definity cloud transformation
journey. Running on Amazon Web Services (AWS) cloud technology,
Guidewire Cloud will give Definity the ability to efficiently scale
the platform to integrate innovative technologies as it pursues its
business objectives of organic and inorganic growth. Cloud
solutions are expected to enhance security and reduce planned and
unplanned outages while addressing accelerating cyber security
risks.
Definity has a strategic objective to be one of the top five
P&C insurance providers in Canada and has been investing in
innovative technologies to achieve this objective. Building on its
industry-leading investments in Sonnet and Vyne, the multi-cloud
architecture foundation being put in place will help support the
resiliency and scalability that will be required to pursue growth
in agile, innovative, and cost-effective ways. Sonnet and Vyne were
both recognized as Guidewire Innovation Award winners in 2016 and
2018, respectively.
“Definity is a leading force in the Canadian P&C insurance
industry ― Guidewire truly admires the company’s industry vision
and its commitment to innovation, and ultimately its mission of
creating exceptional value for its brokers, partners,
policyholders, employees, and shareholders,” said Christina Colby,
Chief Customer Officer, Guidewire. “We thank Definity for its
continued trust in Guidewire and our cloud services capabilities
and look forward to our ongoing collaboration and shared
success.”
ABOUT DEFINITY FINANCIAL CORPORATION
Definity Financial Corporation is incorporated under the
Insurance Companies Act (Canada), and is the parent company of
Definity Insurance Company, Family Insurance Solutions Inc.,
Petline Insurance Company, and Sonnet Insurance Company.
Definity Financial Corporation, through Definity Insurance and
Family Insurance Solutions, distributes property and casualty
insurance through a wide network of broker partners, and directly
to consumers through Sonnet Insurance and Petline Insurance.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information" within
the meaning of applicable securities laws in Canada, which reflects
Definity's current expectations regarding future events, including
statements concerning the impact of the implementation of certain
technology solutions on the performance and security of Definity’s
operations. Forward-looking information is based on a number of
assumptions and is subject to a number of risks and uncertainties,
many of which are beyond Definity's control. Results could differ
materially from those projected herein. Definity does not undertake
any obligation to update such forward-looking information, whether
as a result of new information, future events or otherwise, except
as expressly required under applicable securities laws.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage,
innovate, and grow efficiently. We combine digital, core,
analytics, and AI to deliver our platform as a cloud service. More
than 450 insurers, from new ventures to the largest and most
complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable
their success. We are proud of our unparalleled implementation
track record, with 1,000+ successful projects, supported by the
largest R&D team and partner ecosystem in the industry. Our
marketplace provides hundreds of applications that accelerate
integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow
us on Twitter: @Guidewire_PandC.
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/20220907005275/en/
Diana Stott Director, Communications Guidewire Software, Inc.
+1.650.781.9955 dstott@guidewire.com
Definity media inquiries: Mathieu Genest Manager, Public and
Media Relations (C) 647-224-8975 mathieu.genest@definity.com
Definity investor inquiries: Dennis Westfall Head, Investor
Relations (C) 416-435-5568 dennis.westfall@definity.com
Definity Financial (TSX:DFY)
過去 株価チャート
から 10 2024 まで 11 2024
Definity Financial (TSX:DFY)
過去 株価チャート
から 11 2023 まで 11 2024
