SSQ

Beneva Implements Guidewire Cloud to Strengthen Claims IT Operations

Retrieved on: 
Tuesday, October 31, 2023

Beneva , the largest mutual insurance company in Canada, and Guidewire (NYSE: GWRE) announced that Beneva successfully deployed Guidewire ClaimCenter on Guidewire Cloud to power and simplify its claims business and related IT operations, adapt quickly to changing supply chain conditions, and deliver insights to its advisors and policyholders.

Key Points: 
  • Beneva , the largest mutual insurance company in Canada, and Guidewire (NYSE: GWRE) announced that Beneva successfully deployed Guidewire ClaimCenter on Guidewire Cloud to power and simplify its claims business and related IT operations, adapt quickly to changing supply chain conditions, and deliver insights to its advisors and policyholders.
  • The company, born from the coming together of SSQ and La Capitale (which have been Guidewire customers since 2010 and 2014, respectively), migrated its self-managed ClaimCenter environment onto Guidewire Cloud.
  • Beneva is currently migrating its self-managed Guidewire PolicyCenter and Guidewire BillingCenter environments onto Guidewire Cloud as well.
  • With the completion of that project, the company will be a full Guidewire InsuranceSuite customer on Guidewire Cloud.

AM Best Assigns Credit Ratings to La Capitale General Insurance Inc., La Capitale Civil Service Insurer Inc.; Affirms Credit Ratings of Certain Beneva Inc. Subsidiaries

Retrieved on: 
Friday, September 23, 2022

AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of a (Excellent) to La Capitale General Insurance Inc. (La Capitale General Insurance).

Key Points: 
  • AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of a (Excellent) to La Capitale General Insurance Inc. (La Capitale General Insurance).
  • In addition, AM Best has assigned an FSR of A (Excellent) and a Long-Term ICR of a (Excellent) to La Capitale Civil Service Insurer Inc. (La Capitale Civil Service Insurer).
  • La Capitale Civil Service Insurer operates as a generalist within the individual insurance, group insurance, savings, personal lines and commercial product lines.
  • The ratings of La Capitale Civil Service Insurer, La Capitale General Insurance, Unica and LUnique consider the benefit that each entity receives operating as part of the larger Beneva organization in support of the common business strategy.

Laurence Simons Ramps Up Support to Legal Sector with High Profile C – Suite Appointment

Retrieved on: 
Monday, June 20, 2022

The award-winning legal search firm has welcomed Shilton on a retained basis to advise and lead the executive team through the next phase of its specialist legal sector support.

Key Points: 
  • The award-winning legal search firm has welcomed Shilton on a retained basis to advise and lead the executive team through the next phase of its specialist legal sector support.
  • Laurence Simons Search (LSS) is an award-winning specialist legal, compliance, legal operations and IP search firm which was founded in 1988.
  • Shilton joining the firms executive team at such a crucial time for the legal sector demonstrates the potential of LSS, given he had no plans to re-enter the legal search sector after exiting SSQ in 2018.
  • Having exited SSQ in 2018 to focus on business interests outside the legal search sector, I had not planned to return to it.

AM Best Assigns Credit Ratings to Beneva Inc.’s Operating Subsidiaries

Retrieved on: 
Tuesday, February 22, 2022

The outlook assigned to these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • The ratings of Unica reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Talend Honors Canadian Financial Institution SSQ Insurance with Talend Data Masters Award

Retrieved on: 
Wednesday, July 8, 2020

REDWOOD CITY, Calif., July 8, 2020 /PRNewswire/ -- Talend (NASDAQ: TLND), a global leader indata integration and data integrity, announced today that SSQ Insurance is a winner of a Talend Data Masters award.

Key Points: 
  • REDWOOD CITY, Calif., July 8, 2020 /PRNewswire/ -- Talend (NASDAQ: TLND), a global leader indata integration and data integrity, announced today that SSQ Insurance is a winner of a Talend Data Masters award.
  • SSQ Insurance selected Talend to modernize its data infrastructure for cloud data analytics, while ensuring the highest data confidentiality standards.
  • "Our insurance customers expect a simple, secure, and personalized experience," said Simon Latouche, Data Engineering Director, SSQ Insurance.
  • Using Talend, SSQ Insurance can integrate, standardize, and clean data, which is then loaded to a Snowflake cloud data warehouse in an Azure environment.

AM Best Comments on Credit Ratings of SSQ, Life Insurance Company Inc. Following Announced Merger With La Capitale Insurance & Financial Services Inc.

Retrieved on: 
Wednesday, January 29, 2020

AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a of SSQ, Life Insurance Company Inc. (SSQ) (Quebec, Canada) remain unchanged following SSQs recent announcement of its merger with La Capitale Insurance & Financial Services Inc. (La Capitale).

Key Points: 
  • AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a of SSQ, Life Insurance Company Inc. (SSQ) (Quebec, Canada) remain unchanged following SSQs recent announcement of its merger with La Capitale Insurance & Financial Services Inc. (La Capitale).
  • The new entity will be the largest mutual insurance company in Canada with approximately 4,700 employees, and more than 3.5 million members and clients.
  • La Capitale and SSQ hope to realize operational efficiencies being mutual of a similar size and competing in the same geographic region.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .