Groupe Macif (MACIF), French mutual insurer, and Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform general insurers rely upon, today announced that MACIF has selected Guidewire InsurancePlatform™, delivered as a Software-as-a-Service (SaaS) solution via Guidewire Cloud™. The first Guidewire Cloud customer in France and Europe, MACIF selected InsurancePlatform to replace their legacy systems and transform their entire book of business as well as enable new partnerships with white-labeling capabilities. Guidewire PartnerConnect™ Consulting* alliance member, GFT, has been selected to support the implementation programme.
"Our ambition is to build a modern, efficient organization that is firmly mutualist and recognized for being competitive, with accessible insurance solutions for our members throughout their lives," said Yann Arnaud, Head of P&C Products, Economics, Performance & Risks, Groupe Macif. "Guidewire InsurancePlatform supports this goal, and Guidewire’s ambitious roadmap for upgrades via Guidewire Cloud has reinforced our choice, as well as the ease of implementation of its digital products and their perfect fit with our business needs."
Guidewire InsurancePlatform will enable MACIF to:
Support an omnichannel digital strategy by creating innovative, flexible digital insurance solutions;
Increase responsiveness to changing market need through faster development and delivery of products;
Provide straightforward and simplified training for employees through easier, intuitive core system processes, and
Achieve significant savings in project costs and duration through modernized, streamlined core systems.
"We undertook a long vendor selection among the P&C solution vendors in France and identified Guidewire for the completeness of its technology and its leadership in the French market compared to other solutions," commented Yann Arnaud. "Our selection has been validated already in that, with GFT, we have implemented successfully Core and Digital products for our commercial motor line of business within 10 months, including full adoption of the out of the box features."
"A clear proof-point of our traction in the insurance market is our cooperation with MACIF and Guidewire. We successfully combined our European delivery capacity with our deep knowledge of Guidewire from our existing Canadian operation to deliver a really disruptive solution – the first Guidewire Cloud implementation in Europe," commented Marika Lulay, CEO of GFT.
"We thank MACIF for selecting Guidewire, and for their vote of confidence in our cloud services capabilities," said Keith Stonell, Managing Director, EMEA, Guidewire. "We look forward to collaborating with MACIF as they work towards their objective of modernising their business and positioning themselves to provide differentiated and rich digital products and services to their members."
*MACIF selected Guidewire PolicyCenter™, Guidewire Client Data Management™, Guidewire Rating Management™, Guidewire ClaimCenter™, and Guidewire BillingCenter™ as its new underwriting, policy administration, client data, rating, claims, and billing management systems. The company also chose Guidewire DataHub™ and Guidewire InfoCenter™ for enterprise-wide data management and business intelligence. In addition, MACIF selected Guidewire EnterpriseEngage™ to support omnichannel digital service to its customers and vendors.
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 400 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.