Transformation and modernisation of core insurance systems

Modernise core insurance systems to accelerate time to market of new products

• One of France’s largest insurance companies wanted to transform its business core systems to be able to accelerate the time to market for new commercial auto products.
• The new core system had to respond to the requirements of the digital era, in particular with regards to multi-channel capabilities, automation and product flexibility.
• GFT validated that the Guidewire suite could support the insurer's future business intents and business model.

Implementation of the full Guidewire InsuranceSuite on the Cloud

• GFT designed and leads a 3+ year full business and IT transformation roadmap
• Multidisciplinary and agile implementation teams in France, Canada and Poland, involving project managers, insurance business experts and Guidewire/technical professionals.
• A first release of two new commercial auto products, including an upgrade from v9 to v10, executed on a 10 months timeframe.
• Complex environment of 220+ Integration points
• Build new product models, Business Gap Analysis, Guidewire functional/technical training and Full inception leading to staffing and implementation plan of Guidewire PolicyCenter, ClaimCenter, BillingCenter, Digital Portals, Datahub and GuidewireSuite Integration.
• Customer Data migration projects (greenfield, customer, billing, policy, claim) using Big-bang and on-renewal approaches
• Moved from on-premise to cloud infrastructure during implementation and currently building a DevOps practice

Greater business agility to rapidly launch products, using digital channels, in response to market demand

• New digital and multi-channel capabilities
• Automation and flexibility regarding product offerings per distribution channels
• Lower TCO by moving to Guidewire cloud offering and AWS infrastructure
• High performance, highly available solution