Supercharge Operational Efficiency with SMA Technologies’ New Guidewire Marketplace Accelerator

Rhea-AI Summary

Guidewire and SMA Technologies have announced the release of SMA's new Ready for Guidewire validated accelerator, compatible with Guidewire Cloud. The OpCon accelerator helps insurers streamline processes and eliminate manual tasks, improving efficiency and reducing costs.

Positive

• The OpCon accelerator enables insurers to improve accuracy and cost savings, reduce IT complexity and risk, and optimize operational efficiency throughout the enterprise.

Negative

• None.

SAN MATEO, Calif. & HOUSTON--(BUSINESS WIRE)-- Guidewire (NYSE: GWRE) and SMA Technologies (SMA) announced that SMA’s new Ready for Guidewire validated accelerator, compatible with Guidewire Cloud, is now live in the Guidewire Marketplace.

SMA’s powerful workload automation solution, OpCon, helps insurers to streamline processes and eliminate manual tasks, saving users time and manual labor. Integrated with Guidewire Cloud, the OpCon accelerator provides a single point of control for monitoring and enhancing the execution of multiple batch processes and work queues within InsuranceSuite, unlocking even more value from modernization initiatives.

SMA’s OpCon Accelerator for Guidewire Cloud enables insurers to:

• Improve accuracy and cost savings;
• Reduce IT complexity and risk; and
• Optimize operational efficiency throughout the enterprise.

The OpCon accelerator can be applied to the core systems in InsuranceSuite Cloud - ClaimCenter, BillingCenter, and PolicyCenter. It empowers users to synchronize ClaimCenter data to reduce claim cycle time, boost the efficiency and accuracy of BillingCenter teams, and orchestrate PolicyCenter-dependent processes. It also facilitates automated end-of-day/week/month processing, speedy reporting and simplified auditing, and automated commission and third-party payments.

“OpCon customers who harness the full power of automation can save $30,000 or more a month by automating manual tasks and orchestrating workflows across systems and applications," said Todd Dauchy, CEO of SMA Technologies. "We are excited to partner with Guidewire to put the power of automation in their customers’ hands to drive operational efficiency and accelerate the business contribution of IT.”

“Congratulations to SMA Technologies on the release of its new Guidewire Cloud accelerator,” said Will Murphy, Vice President, Global Technology Alliances, Guidewire. “Insurers must continually reckon with ever-changing economic conditions and high customer expectations, making innovative technology and strategic process changes critical for success. SMA’s OpCon accelerator enables process automation, freeing up internal bandwidth to further address these objectives.”

SMA Technologies is a Silver level sponsor of Guidewire Connections 2023. For more information on the integration, visit the SMA Technologies booth (S26) at Connections.

About SMA Technologies

SMA Technologies is the maker of OpCon, the leading workload automation and orchestration platform for banks, credit unions, insurance companies and other financial services businesses. The platform delivers enterprise power and scalability without the complexity or cost. OpCon enables companies to easily automate manual tasks and seamlessly orchestrate workloads across business-critical operations, saving time and reducing cost by eliminating human error and deploying IT resources on strategic initiatives. More than 1,000 clients trust SMA with their mission-critical operations. Please visit www.smatechnologies.com to learn more.

About Guidewire PartnerConnect ecosystem and Ready for Guidewire

Guidewire’s solution ecosystem is the largest in the P&C industry, with over 185 solution partners providing over 215 integrations in the Guidewire Marketplace. Guidewire PartnerConnect Solution partners provide software, technology, and data solutions as well as insurance support services. Our Solution partners help drive business value and innovation for insurers by developing and delivering integrations, extensions, apps, and other complementary solutions for Guidewire products. All of our Ready for Guidewire partner solutions are validated for security, quality, and compatibility with Guidewire, and can be found on the Guidewire Marketplace.

For more information about Guidewire PartnerConnect, please visit http://www.guidewire.com/partners.

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and machine learning to deliver our platform as a cloud service. More than 540 insurers in 40 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 more than 1,600 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 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/20231024589735/en/

Melissa Cobb

Senior Public Relations Manager

Guidewire Software, Inc.

+1.650.464.1177

mcobb@guidewire.com

Coleman Pyeatt

Account Manager

anthonyBarnum Public Relations

214.797.9848

coleman.pyeatt@anthonybarnum.com

Source: Guidewire Software

FAQ

What is the new accelerator released by Guidewire and SMA Technologies?

The new accelerator released by Guidewire and SMA Technologies is SMA's OpCon accelerator, which is compatible with Guidewire Cloud.

What are the benefits of using the OpCon accelerator?

The OpCon accelerator helps insurers streamline processes, eliminate manual tasks, improve accuracy and cost savings, reduce IT complexity and risk, and optimize operational efficiency throughout the enterprise.

What systems can the OpCon accelerator be applied to?

The OpCon accelerator can be applied to the core systems in InsuranceSuite Cloud - ClaimCenter, BillingCenter, and PolicyCenter.

What is the potential cost savings of using automation with the OpCon accelerator?

OpCon customers who harness the full power of automation can save $30,000 or more a month by automating manual tasks and orchestrating workflows across systems and applications.