Ornikar Selects Guidewire InsuranceSuite on Guidewire Cloud

Rhea-AI Summary

Guidewire (NYSE: GWRE) announces a partnership with Ornikar, a French motor mobility innovator, to implement Guidewire InsuranceSuite on Guidewire Cloud. This collaboration aims to enhance core operations, speed to market, and customer experience. Ornikar, known for its online driving school and road safety education, plans to transform motor insurance offerings. The partnership will provide Ornikar access to superior scalability, operational efficiency, and seamless integration with other SaaS applications, thereby boosting their product innovation and customer-centric operations.

Positive

• Partnership with Ornikar enhances Guidewire's market presence in France.
• Ornikar benefits from advanced cloud services, improving efficiency and scalability.
• Guidewire's reputation strengthens Ornikar's insurance product offerings.

Negative

• Potential reliance on Ornikar's execution for future growth.

French insurer set to utilise Guidewire for operations visibility, speed to market, and continuously improved customer experience

DUBLIN & PARIS--(BUSINESS WIRE)-- Ornikar, French motor mobility innovator, and Guidewire (NYSE: GWRE) announced that Ornikar has selected Guidewire InsuranceSuite on Guidewire Cloud for its core operating system; with the flexibility and agility to design and deliver new products to best fit customer need and support rolling enhancement to customer experience.

Having introduced an innovative, online driving school model and become a leader in road safety education in France, Ornikar plans to take advantage of its unique position to transform the motor insurance offering.

“Guidewire’s focus on continued investment in, and development of, its cloud platform are fundamental in our choice of software vendor,” said Alexander Andin, Head of Ornikar Core Insurance Platform. “Our Guidewire selection will allow us to benefit from the latest upgrades and best-in-class functionality. Furthermore, we anticipate better integration with other SaaS applications alongside enhanced potential scalability as we expand our business internationally.”

“Guidewire’s reputation as a prominent insurance suite platform in the market is key in our decision. In building strong operations based on Guidewire, we enhance our risk carriers’ trust towards Ornikar’s insurance policy administration and claims management capabilities,” added Pierre Vasserot, Head of Ornikar Insurance Customer Support & Claims.

“In our view, by outsourcing non-business-specific activities we free space to focus on our unique customer experience and product innovation activities,” added Frédéric Artru, Head of Ornikar Insurance Offer & Pricing. “At the same time, we will benefit from Guidewire’s superior expertise, as well as access its out-of-the-box core system capabilities to ensure speed to market, efficiency, and transparent operations throughout.”

“We are delighted to welcome an innovation leader such as Ornikar to the Guidewire customer community and to the Guidewire Cloud,” said Emmanuel Naudin, RVP Sales – EMEA, Guidewire. “We thank Ornikar for their trust in our cloud services capabilities to support their aim of building and delivering the best insurance products and services for their customers.”

About Ornikar

Ornikar has been an expert in driving instruction since 2013 and in car insurance since 2020. It aims to become the world leader in access to mobility thanks to its global approach combining theoretical training for the highway code, practical driving training and car insurance. In less than ten years, the company led by Benjamin Gaignault and Flavien le Rendu has revolutionised the traditional driving school model by becoming the benchmark platform for driver training in France, with more than 2.5 million clients. Ornikar is a member of the Next40, a government label promoting the 40 most promising young companies likely to become technological leaders, since 2022. www.ornikar.com.

About Guidewire

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 500 insurers in 38 countries, 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.

For more information, please visit www.guidewire.com and follow us on 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/20221013005080/en/

Ornikar

Agence Image Sept

Roxane Planas

+33 1 53 70 74 84

rplanas@image7.fr

Agence OneChocolate

Elodie Buch

+33 1 41 31 75 06

elodie@onechocolate.fr

Guidewire

Louise Bradley

PR & Communications – EMEA

+44(0)7474 837 860

lbradley@guidewire.com

Source: Guidewire

FAQ

What is the recent partnership between Guidewire and Ornikar about?

Guidewire has partnered with Ornikar to implement InsuranceSuite on Guidewire Cloud, aiming to enhance operations and customer experience.

How will Ornikar benefit from using Guidewire's platform?

Ornikar will gain operational efficiency, scalability, and the latest upgrades to enhance its motor insurance offerings.

What does this partnership mean for Guidewire's stock (GWRE)?

This collaboration may improve Guidewire's market presence and reputation, potentially benefiting its stock performance.

What products will Ornikar develop with Guidewire's systems?

Ornikar plans to develop innovative motor insurance products leveraging Guidewire's cloud capabilities.