Economical Insurance Move to Guidewire for Brokers in ON, AB, NS, NB, PE, QC

Economical Insurance has published a time table outlining the rollover from the Legacy System to their new Guidewire Vyne System on a province by province basis. It is all commencing very soon with NB and PE starting on June 4th, ON and NS starting on July 3rd, and AB and QC starting on September 1st. Any brokerage that represents Economical, Perth, Waterloo or Missisquoi will need to download and install a Power Broker update prior to the dates listed above, for the province that you are in. Without downloading and installing this update, you WILL NOT have the software you need to properly participate in the Guidewire Vyne from within Power Broker. We will be changing the Power Broker version number to 4.34 to signify that it is from that release number on onwards that the Economical Guidewire Vyne software exists. You will also be required to upgrade your MasterCom to the latest version at that time as well.

In Preparation for a smoother transition to Vyne, you will need to ensure that for any of the 4 Insurance Companies listed, that you are using the Insurance Company Codes below in Power Broker. You can use the "Change Insurer Code" option on the Utilities Menu, to change any codes that are different in your system. For the policies to properly rollover from the Legacy System to new Guidewire Vyne ststem you must use these codes.

ECON - Economical
PERT - Perth
WAT - Waterloo
MISS - Missisquoi

Wawanesa Insurance Move to Guidewire in Alberta:

We have recently learned that Wawanesa Insurance has been rolling out a move to the Guidewire System for Alberta brokerages, which I believe changes the Policy Number when the policy rolls over to Guidewire.  When merging the daily download, Power Broker recognizes that the Policy Number has been changed and automatically run the “Assign Policy to New Market” option, which clones the existing policy under the new policy number, leaving the original policy number in place in the database. The problem with this though is that the Fixed ID’s are not preserved, so we are unable to match the Vehicles, Drivers, Properties, Scheduled Articles, etc.  Unless you have “Manual Matching” turned on in the Define Your Company Information Screen, so that you can associate the downloading Vehicles, Drivers.., with the matching ones in your database, your Vehicles, Drivers.., will be replaced with only the exact information coming on the daily download from Wawanesa. So you need to go into the EDI page of the Define Your Company Information Screen, and turn Manual Matching on, to prevent this data loss. The reason there is data loss, is that the Insurance Companies keep a lot less information on the Vehicles, Drivers, etc. that brokers normally keep in their systems.

We are trying to get Wawanesa to work on testing the Guidewire daily download with us, the thought here is that we can run “Change Policy Number” automatically when merging the download instead of “Assign Policy to New Market”. I believe this will preserve the Fixed IDs and eliminate the need to do the Manual Matching. We do need to go through the testing process though so that we can guarantee that this will work.

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