Frankenmuth Insurance, a property and casualty insurer in the US, has chosen Guidewire InsuranceSuite on Guidewire Cloud to migrate its core systems and enhance IT operations.
The migration will move the insurer’s existing InsuranceSuite from an on-premises environment to Guidewire Cloud, covering all lines of business and states where the insurer operates.
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Frankenmuth vice-president and chief information officer Curtis Williams said: “We decided to migrate our current InsuranceSuite instance to Guidewire Cloud now because we are impressed with Guidewire’s cloud maturity and road map, allowing us to leverage the industry-leading cloud core platform.
“By operating InsuranceSuite on Guidewire Cloud, we will be able to shift system maintenance to Guidewire, so we can stay current on the latest innovations and enable our IT staff to focus on tasks that deliver value to our business.”
Williams added: “Our actuaries and data scientists will continue to utilise Guidewire Predict and other Guidewire Analytics products to embed powerful analytics within our processes.”
Having been a Guidewire customer since 2014, Frankenmuth is taking this step as part of its broader strategy to simplify and modernise its technology infrastructure.
The insurer has chosen PwC, a Guidewire PartnerConnect Consulting Global Strategic member, to lead the migration process.
Guidewire chief commercial officer David Laker stated: “We thank Frankenmuth for their partnership over the last several years and appreciate their trust in our cloud technology as they migrate to Guidewire Cloud.
“We look forward to seeing them transform the way they utilise the cloud to do business with their agents and policyholders and continue their mission of being the insurer of choice in protecting the individuals, families and businesses that they serve.”
Earlier this month, Montana State Fund, a non-profit workers’ compensation insurance company, also selected Guidewire InsuranceSuite on Guidewire Cloud.
