AND-E Chooses Guidewire InsurancePlatform to Transform Core, Data, and Digital Capabilities
AND-E will deploy the Guidewire products, starting with its ITB (insurethebox) motor line of business in the UK.
Aioi Nissay Dowa Europe (AND-E), the European subsidiary of MS&AD
Insurance Group Holdings Inc., one of Asia's largest insurers, and
Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform
general insurers rely upon, are pleased to announce that AND-E has
selected Guidewire InsurancePlatform™ Core, Data, and Digital products*
to replace its legacy systems and streamline its business. AND-E
will deploy the Guidewire products, starting with its ITB (insurethebox)
motor line of business in the UK.
“A key driver in our selection of InsurancePlatform was the need for a
vendor solution encompassing all the core insurance platform
capabilities as well as having a European footprint aligned to our
group,” said Mike Swanborough, CEO, AND-E. “This platform will provide
the opportunity for us to leverage greater efficiency, flexibility,
agility, and system performance; to support our business growth and
profitability.”
Guidewire InsurancePlatform will enable AND-E to:
-
Build a unified business architecture and new foundation for its
current and future needs; -
Implement a streamlined solution across all lines of business within a
reasonable timeframe; and -
Develop greater customer engagement solutions as well as focus on more
value-add activities to lead the way in connected mobility protection.
“Our current business architecture is diverse and complex, so the
ability to unify and streamline it is central to our selection,”
commented Frank Kaczorek, Head of IT, AND-E. “In addition, it was
important to have as much 'out of the box' functionality as possible
from the start. Guidewire products fulfil both requirements, and will
support our sizing, scaling aspects, business models, and service
vision.”
“Guidewire is delighted to welcome AND-E to our customer community,”
said Keith Stonell, managing director, EMEA, Guidewire. “We look forward
to supporting them in this phase and in their roll out across Europe, as
well as working with them as they develop the technological foundation
that will help them achieve their strategic business goals.”
*AND-E selected Guidewire PolicyCenter™, Guidewire Client Data
Management™, Guidewire Rating Management™, Guidewire Reinsurance
Management™, Guidewire ClaimCenter™, and BillingCenter™ as its new
underwriting, policy administration, client data, rating, reinsurance,
claims, and billing management systems. The company also chose Guidewire
DataHub™ and Guidewire InfoCenter™ for enterprise-wide data management
and business intelligence. In addition, AND-E selected Guidewire
EnterpriseEngage™ to support omnichannel digital service to its
customers and vendors.
About Aioi Nissay Dowa Europe
The Aioi Nissay Dowa Europe Group (AND-E) is a group of companies,
headed by Aioi Nissay Dowa Europe Limited (ANDEL), who are subsidiaries
of the Japanese insurance giant MS&AD Insurance Group Holdings, Inc.,
one of Asia’s largest insurance groups. With a principal focus on
providing auto-centric insurance and protection products, either
directly or on behalf of strategic partners, AND-E offers both retail
and corporate products with the approach tailored to best meet local
needs. AND-E’s vision is ‘To lead the way in connected mobility
protection’.
AND-E has a close working partnership with Toyota Motor Corporation, the
largest single shareholder of MS&AD Insurance Group Holdings, Inc.
Through its majority shareholding in Toyota Insurance Management SE
(TIM), it provides Toyota's insurance expertise across Europe, and the
same for Lexus under the trading style of Lexus Insurance Management.
AND-E acquired Insure The Box Limited, the largest telematics insurance
provider in the UK. Other subsidiaries include the life insurance
company, Aioi Nissay Dowa Life Insurance of Europe AG (ANDLIE).
About Guidewire Software
Guidewire delivers the industry platform that general insurers rely upon
to adapt and succeed in a time of accelerating change. We provide the
software, services, and partner ecosystem to enable our customers to
run, differentiate, and grow their business. We are privileged to serve
more than 350 companies in 40 countries. For more information, please
visit www.guidewire.com
and follow us on twitter: @Guidewire_PandC.
NOTE: For all information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
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