Friday, July 19, 2024

CopperPoint Adopts Guidewire Cloud to Enhance Business Growth and Agility

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CopperPoint Embraces Guidewire Cloud for Enhanced Agility and Growth

In a significant move towards digital transformation, CopperPoint Insurance Companies, a leader in commercial insurance, teams up with Guidewire to adopt the Guidewire InsuranceSuite on Guidewire Cloud. This transition is set to revolutionize CopperPoint’s core operations, offering a more agile and integrated approach to meeting the dynamic needs of the market and enhancing service delivery to agents, brokers, and policyholders alike.

This collaboration marks a pivotal shift from a self-managed framework to a more streamlined, cloud-based environment, focusing on the Southwest and California regions. With this, CopperPoint aims to integrate recent acquisitions smoothly into its technology landscape, empowered by a successful partnership with Guidewire and PwC, who led the ambitious migration project.

The upgrade to Guidewire Cloud is already showing promising results for CopperPoint, including a 20% increase in the utilization of the ACORD submission intake process and the rapid expansion into new lines of business. This move not only enhances operational efficiency but also paves the way for the integration of cutting-edge insurtech solutions via the Guidewire Marketplace, further solidifying CopperPoint’s position in the insurance industry.

Guidewire and PwC express their optimism about the role of Guidewire Cloud in driving CopperPoint’s digital transformation and continuous growth. This move is not just about technological advancement but also about building on CopperPoint’s 98-year legacy of excellence in the insurance space.

In addition to InsuranceSuite, CopperPoint has also implemented SmartCOMM™ from Smart Communications for superior customer communications management, signaling its commitment to providing outstanding service across all facets of its operations.

With an extensive portfolio and a growing presence across 26 states, CopperPoint is well-positioned to meet the evolving insurance needs of its diverse clientele. This transition to Guidewire Cloud is a testament to CopperPoint’s dedication to innovation, efficiency, and unparalleled service.

Jordan Clark
Jordan Clarkhttps://www.businessorbital.com/
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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