OneSpan’s Cloud-Native Guidewire Integration to Drive Cloud Adoption for P&C Insurance Carriers
OneSpan (NASDAQ: OSPN) has launched new cloud-native integrations with Guidewire InsuranceSuite to accelerate cloud adoption in the P&C insurance sector. The integration enables end-to-end digital workflows through OneSpan Sign's eSignature solution, promising reduced IT costs up to 40% according to McKinsey & Company. The low-code/no-code approach allows easy implementation into existing policy and claim workflows, minimizing developer resource needs. The partnership aims to enhance ROI, automate processes, and improve customer productivity for P&C carriers.
OneSpan (NASDAQ: OSPN) ha lanciato nuove integrazioni nativamente nel cloud con Guidewire InsuranceSuite per accelerare l'adozione del cloud nel settore assicurativo P&C. L'integrazione consente flussi di lavoro digitali end-to-end attraverso la soluzione di eSignature di OneSpan, promettendo una riduzione dei costi IT fino al 40% secondo McKinsey & Company. L'approccio low-code/no-code facilita l'implementazione nelle esistenti procedure di polizza e sinistro, riducendo al minimo le necessità di risorse per gli sviluppatori. La partnership mira a migliorare il ROI, automatizzare i processi e aumentare la produttività dei clienti per i carrier P&C.
OneSpan (NASDAQ: OSPN) ha lanzado nuevas integraciones nativas en la nube con Guidewire InsuranceSuite para acelerar la adopción de la nube en el sector de seguros P&C. La integración permite flujos de trabajo digitales de principio a fin a través de la solución de firma electrónica de OneSpan, prometiendo una reducción de costos de TI de hasta el 40% según McKinsey & Company. El enfoque de bajo código/sin código permite una fácil implementación en los flujos de trabajo de pólizas y reclamaciones existentes, minimizando las necesidades de recursos de desarrollo. La asociación busca mejorar el ROI, automatizar procesos y aumentar la productividad de los clientes para los carriers P&C.
원스패너 (NASDAQ: OSPN)는 P&C 보험 부문의 클라우드 도입을 가속화하기 위해 가이드와이어 보험 스위트와 새로운 클라우드 네이티브 통합을 출시했습니다. 이 통합은 원스패너 사의 전자서명 솔루션을 통해 끝에서 끝까지 디지털 워크플로를 가능하게 하며, 맥킨지 앤 컴퍼니에 따르면 IT 비용을 최대 40%까지 줄일 수 있다고 약속합니다. 로우코드/노코드 접근 방식은 기존의 정책 및 청구 워크플로에 쉽게 구현할 수 있도록 하여 개발자 자원의 필요성을 최소화합니다. 이 파트너십은 ROI 향상, 프로세스 자동화 및 P&C 보험사의 고객 생산성 향상을 목표로 합니다.
OneSpan (NASDAQ: OSPN) a lancé de nouvelles intégrations natives dans le cloud avec Guidewire InsuranceSuite pour accélérer l'adoption du cloud dans le secteur de l'assurance P&C. L'intégration permet des flux de travail numériques de bout en bout grâce à la solution de signature électronique de OneSpan, promettant une réduction des coûts informatiques pouvant aller jusqu'à 40 % selon McKinsey & Company. L'approche low-code/no-code permet une mise en œuvre facile dans les workflows de police et de réclamation existants, minimisant ainsi les besoins en ressources développeur. Le partenariat vise à améliorer le ROI, à automatiser les processus et à accroître la productivité des clients pour les assureurs P&C.
OneSpan (NASDAQ: OSPN) hat neue cloud-native Integrationen mit Guidewire InsuranceSuite gestartet, um die Cloud-Adoption im P&C-Versicherungssektor zu beschleunigen. Die Integration ermöglicht End-to-End-Digital-Workflows über die eSignature-Lösung von OneSpan und verspricht laut McKinsey & Company eine Reduktion der IT-Kosten um bis zu 40 %. Der Low-Code/No-Code-Ansatz ermöglicht eine einfache Implementierung in bestehende Policen- und Schadensworkflows und minimiert den Ressourcenbedarf von Entwicklern. Die Partnerschaft zielt darauf ab, den ROI zu steigern, Prozesse zu automatisieren und die Produktivität der Kunden für P&C-Anbieter zu verbessern.
- New cloud integration can reduce IT costs by up to 40%
- Low-code/no-code approach reduces implementation costs and developer needs
- Partnership with Guidewire enhances market position in P&C insurance sector
- Integration covers over 30 use cases across insurer operations
- None.
Insights
The new cloud-native integration between OneSpan Sign and Guidewire InsuranceSuite represents a significant technological advancement for P&C insurance carriers. This partnership addresses critical industry pain points by offering 40% potential IT cost reduction while enabling faster market deployment and improved customer experience.
The low-code/no-code approach is particularly valuable as it reduces implementation complexity and technical debt. With 30+ eSignature use cases across insurance operations, this integration streamlines workflow automation and compliance management. The cloud-native architecture ensures scalability and modern security standards, which are important for insurance operations.
New eSignature integrations provide insurers with a modernized and paperless experience across any channel
In a rapidly changing digital world, it’s become critical for insurance carriers to transition to the cloud to remain competitive and meet customer demands. According to a report by McKinsey & Company, insurers that embrace cloud technology can reduce their IT costs by up to
The OneSpan integrations with ClaimCenter and PolicyCenter offer a low-code/no-code approach to implement OneSpan Sign directly into existing policy and claim workflows with reduced need for developer resources. By combining Guidewire’s leading P&C insurance technology and OneSpan’s eSignature solution, this partnership provides an enhanced and modernized end to end experience allowing P&C carriers to increase ROI, automate processes, and boost customer productivity.
“Congratulations to the OneSpan team on the release of their new cloud-native Guidewire integrations. We thank them for their sponsorship of Guidewire Connections 2024,” said Will Murphy, VP, Global Technology Alliances at Guidewire. “Our continued collaboration with OneSpan ensures that our customers can access their latest innovations in cloud technology while streamlining policy and claims, simplifying processes, and improving the overall customer experience.”
“Guidewire is a leading technology solution for P&C carriers and OneSpan Sign is built on 20 years of experience helping insurers implement complex workflows,” said Sameer Hajarnis, SVP and GM of Digital Agreements at OneSpan. “With over 30 use cases that can benefit from eSignatures across an insurer’s organization, eSignatures is a foundational part of an insurer’s digital technology stack, creating a legally enforceable agreement between two or more parties. Bridging on nearly a decade of experience partnering with Guidewire, carriers that make the move to cloud will experience higher customer satisfaction and retention.”
These pre-built integrations are low-code solutions, enabling accelerated time to market for insurers. These powerful, configurable integrations create a streamlined and cost-effective approach to elevating productivity in managing new digital policies or redesigning a claims resolution process. Employees can focus on their core insurance processes without the need for continued training on how to use the eSignature service to ensure the processes remain compliant and secure.
OneSpan is a proud Bronze sponsor of Guidewire Connections 2024, taking place November 17-20 in
About OneSpan
OneSpan provides security, identity, electronic signature, and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to workflows that are complex or require higher levels of security. Trusted by global blue-chip enterprises, including more than
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Source: OneSpan Inc.
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