Accident Compensation Corporation Selects Guidewire for Policy Administration, Underwriting, and Billing Operations
Accident Compensation (ACC), New Zealand's accident insurance scheme provider, has announced its migration of Guidewire PolicyCenter and BillingCenter to Guidewire Cloud for its workers' compensation operations. ACC, a Guidewire customer since 2016, aims to simplify operations by shifting system maintenance to Guidewire. The implementation includes adopting Guidewire Explore for real-time PolicyCenter data management, with Tenzing serving as a key implementation partner.
Compensazione per Incidenti (ACC), il fornitore del sistema di assicurazione contro gli incidenti della Nuova Zelanda, ha annunciato la sua migrazione di Guidewire PolicyCenter e BillingCenter su Guidewire Cloud per le operazioni di indennizzo dei lavoratori. L'ACC, cliente di Guidewire dal 2016, mira a semplificare le operazioni trasferendo la manutenzione del sistema a Guidewire. L'implementazione prevede l'adozione di Guidewire Explore per la gestione dei dati in tempo reale di PolicyCenter, con Tenzing che funge da partner chiave nell'implementazione.
Compensación por Accidentes (ACC), el proveedor del esquema de seguro de accidentes de Nueva Zelanda, ha anunciado su migración de Guidewire PolicyCenter y BillingCenter a Guidewire Cloud para sus operaciones de compensación laboral. ACC, cliente de Guidewire desde 2016, busca simplificar las operaciones al trasladar el mantenimiento del sistema a Guidewire. La implementación incluye la adopción de Guidewire Explore para la gestión de datos en tiempo real de PolicyCenter, con Tenzing como un socio clave en la implementación.
사고 보상 (ACC)은 뉴질랜드의 사고 보험 제도 제공자로서 Guidewire PolicyCenter 및 BillingCenter를 Guidewire Cloud로 이전한다고 발표했습니다. ACC는 2016년부터 Guidewire의 고객으로, 시스템 유지 관리를 Guidewire로 이전하여 운영을 간소화하는 것을 목표로 하고 있습니다. 이번 구현에는 실시간 PolicyCenter 데이터 관리를 위한 Guidewire Explore 채택이 포함되며, Tenzing이 주요 구현 파트너로 활동합니다.
Compensation des Accidents (ACC), le fournisseur du régime d'assurance contre les accidents de Nouvelle-Zélande, a annoncé sa migration de Guidewire PolicyCenter et BillingCenter vers Guidewire Cloud pour ses opérations d'indemnisation des travailleurs. L'ACC, client de Guidewire depuis 2016, vise à simplifier ses opérations en transférant la maintenance du système à Guidewire. La mise en œuvre comprend l'adoption de Guidewire Explore pour la gestion des données en temps réel de PolicyCenter, avec Tenzing comme partenaire clé pour l'implémentation.
Unfallentschädigung (ACC), der Anbieter des Unfallschutzsystems Neuseelands, hat die Migration von Guidewire PolicyCenter und BillingCenter zu Guidewire Cloud für seine Arbeitsunfalloperationen angekündigt. ACC, ein Kunde von Guidewire seit 2016, zielt darauf ab, die Betriebsabläufe zu vereinfachen, indem die Systemwartung an Guidewire übertragen wird. Die Implementierung umfasst die Einführung von Guidewire Explore für das Echtzeit-Datenmanagement von PolicyCenter, wobei Tenzing als wichtiger Implementierungspartner fungiert.
- Migration to cloud platform expected to simplify operations
- Implementation of Guidewire Explore for real-time data management capabilities
- Continuation and expansion of existing technology partnership since 2016
- None.
Insights
This cloud migration deal with New Zealand's ACC represents a significant win for Guidewire's cloud strategy. The transition from on-premises to Guidewire Cloud for both PolicyCenter and BillingCenter platforms indicates strong customer retention and successful cloud adoption. The implementation of Guidewire Explore for real-time data analytics adds recurring revenue potential.
The deal strengthens Guidewire's position in the Asia-Pacific region and showcases the company's ability to upgrade existing customers to their cloud platform. This migration pattern is important for Guidewire's long-term growth strategy as cloud subscriptions typically generate higher lifetime value compared to traditional licenses. ACC's status as a government entity adds credibility to Guidewire's cloud security and reliability claims.
“We’ve been a Guidewire customer since 2016. The flexibility of Guidewire Cloud will help enable us to simplify our operations and shift system maintenance to Guidewire,” said ACC Acting Deputy Chief Executive Technology & Data, Campbell Mackie.
Tenzing Managing Director Suri Bartlett expressed, “We are honored to partner with ACC and Guidewire to deliver the cloud transformation journey. Having supported a number of these large implementations, our team looks forward to the transition of PolicyCenter and BillingCenter on Guidewire Cloud.”
“We thank ACC for its continuing commitment in Guidewire and confidence in our cloud platform,” commented Guidewire Senior Vice President and Managing Director,
As part of ACC’s cloud transformation journey, they will also adopt Guidewire Explore to gather and curate near real-time PolicyCenter data.
About Accident Compensation Corporation
The Accident Compensation Corporation (ACC) is the Crown Entity set up under the Accident Compensation Act 2001, (the AC Act) to deliver New Zealand’s accident insurance scheme. The purpose of the scheme is to deliver injury prevention initiatives and no-fault personal injury cover for everyone in
About Tenzing
Tenzing has partnered with Guidewire since 2007 and our enduring relationship, coupled with our deep understanding of the insurance industry, enables us to focus on what is most important to our clients. We are committed to ensuring we intimately understand the capabilities offered by new Guidewire Cloud releases, ensuring maximum value is extracted from the platform and realised by our clients.
Tenzing is a wholly owned subsidiary of Tech Mahindra.
For more information, please visit https://www.tenzing.co.nz/.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.
We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241024602513/en/
Albert Lin
Public Relations Manager
Guidewire Software, Inc.
+1.415.205.4214
allin@guidewire.com
Source: Guidewire Software
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