{"id":690045,"date":"2022-09-29T04:34:04","date_gmt":"2022-09-29T08:34:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/macif-success-insurer-cuts-cost-and-gains-flexibility-with-guidewire-cloud-launch\/"},"modified":"2022-09-29T04:34:04","modified_gmt":"2022-09-29T08:34:04","slug":"macif-success-insurer-cuts-cost-and-gains-flexibility-with-guidewire-cloud-launch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/macif-success-insurer-cuts-cost-and-gains-flexibility-with-guidewire-cloud-launch\/","title":{"rendered":"Macif Success: Insurer Cuts Cost and Gains Flexibility With Guidewire Cloud Launch"},"content":{"rendered":"

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Macif Success: Insurer Cuts Cost and Gains Flexibility With Guidewire Cloud Launch<\/b><\/p>\n

GFT helps French mutual insurer Macif migrate their largest business line to Guidewire InsuranceSuite on the cloud<\/i><\/p>\n

STUTTGART, Germany & NIORT, France & PARIS–(BUSINESS WIRE<\/a>)–
\nOver 180,000 quotations, 70,000 contracts, and 300 claims submitted in the first three weeks. French mutual insurer Macif is now using Europe\u2019s leading core insurance platform on the cloud<\/b>.\n<\/p>\n

Macif<\/a> has deployed Guidewire InsuranceSuite for their largest business line, Mobility, on Guidewire Cloud. The successful project, which was managed by global digital transformation leader GFT, sets new standards<\/b> in the industry and brings substantial savings<\/b> and competitive advantages<\/b> for Macif.\n<\/p>\n

\n\u201cThis new solution should allow us to go to market faster with new value propositions, and offer more customised solutions to our members through the technical architecture of Guidewire\u2018s products,\u201d says Yann Arnaud, Macif Chief Marketing and Innovation Officer. \u201cIn addition, this should improve the quality of our underwriting, policyholder lifecycle tracking, and claims handling, through the intuitive nature of the applications; indeed, their ease of use has surpassed our expectation.\u201d\n<\/p>\n

\n\u201cWe wanted to be able to focus more on our core competency \u2013 taking care of our members \u2013 and spending less time on managing IT systems,\u201d adds Fabrice Leyglene, Macif CIO. \u201cThis cloud solution also makes the white-labelling of our products and services for re-sellers much easier. So this migration directly serves to further our business strategy. And finally, we will be able to integrate relatively easily the most advanced cloud solutions in the market into the various elements of our value chain.\u201d\n<\/p>\n

\nEmmanuel Naudin, Regional Vice President, Sales \u2013 EMEA, Guidewire, added: \u201cThis is the largest implementation of Guidewire InsuranceSuite on the cloud in Europe so far. Macif are showing with this that they are at the forefront of technological innovation in the insurance industry. The solution ran very well from day one, and that is a testament to the great collaboration between Macif, our partner GFT, and Guidewire.\u201d\n<\/p>\n

\n\u201cThis was an ambitious undertaking. The magnitude of this cloud implementation is a milestone for Guidewire in Europe. But we knew we could do it, Macif trusted that we could, and by using resources and experts from five countries in Europe and America, we got the job done,\u201d says Mathieu Liabaud, Managing Director GFT France.\n<\/p>\n

Free up resources, focus on core competencies, cut costs<\/b><\/p>\n

\nWith this step, Macif gains numerous cost and business benefits. Specifically, the benefits are:\n<\/p>\n