Thursday, May 23, 2024

CopperPoint Adopts Guidewire Cloud to Boost Business Flexibility and Expansion


CopperPoint Embraces Cloud Technology for Enhanced Business Growth with Guidewire

CopperPoint Insurance Companies, a prominent commercial insurance company, has successfully transitioned its core business operations to Guidewire Cloud, leveraging Guidewire InsuranceSuite. This strategic move, led by PwC and announced alongside Guidewire (NYSE: GWRE), aims to enhance CopperPoint’s business agility, streamline IT operations, and better serve customers and partners in the Southwest and California regions.

This cloud migration is part of CopperPoint’s initiative to integrate recent acquisitions seamlessly into its technology framework, with a focus on enriching features, usability, and market responsiveness. President and CEO Marc Schmittlein highlighted the project’s ambitious nature and its successful execution through the collaboration with Guidewire and PwC. Chief Information Officer Brad Lontz emphasized the tangible benefits, including a significant increase in the adoption of the ACORD submission intake process and the ability to rapidly expand into new lines of business.

Guidewire’s cloud transformation services are celebrated for enabling organizations to adopt cloud technology, driving digital transformation and operational efficiency. CopperPoint’s adoption of Guidewire Cloud not only underscores its commitment to leveraging state-of-the-art technology for business growth but also emphasizes its 98-year legacy of excellence in insurance services. The incorporation of SmartCOMMâ„¢ for customer communications further exemplifies CopperPoint’s dedication to modernizing customer interactions.

About CopperPoint Insurance Companies: CopperPoint, established in 1925, is a leading insurer specializing in workers’ compensation and commercial property and casualty insurance. With a robust portfolio and a growing presence across 26 states, its financial strength includes $5.1 billion in total assets and an enterprise surplus of $1.6 billion.

About Guidewire Software: Guidewire stands as the trusted provider of digital solutions for the P&C insurance sector, supporting over 540 insurers worldwide to engage, innovate, and grow efficiently. Through continuous evolution and a strong implementation record, Guidewire advances the insurance industry’s adoption of cloud technology.

Jordan Clark
Jordan Clark
Jordan Clark brings a dynamic and investigative approach to business reporting. Holding a degree in Business Administration and a certification in Data Analysis, Jordan has an eye for detail and a knack for uncovering the stories behind the numbers. His career began in the bustling world of Silicon Valley startups, giving him firsthand experience in tech entrepreneurship and venture capital. Jordan's reports often focus on technology's impact on business, startup culture, and emerging

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