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OP Life Assurance adopts Guidewire Jutro Platform
Yahoo Financeยท 2025-10-10 09:39
Core Insights - OP Life Assurance has adopted the Guidewire Jutro Digital Platform to enhance its digital capabilities and improve sales team performance [1][2] - The implementation of Guidewire PolicyCenter and BillingCenter on the Guidewire Cloud Platform aims to transform OP Life Assurance's term life insurance offerings [1][2] Digital Transformation - The Jutro Digital Platform is designed to enhance sales channel capabilities, aiding in new business acquisition, customer retention, and partner engagement [2][4] - Customers can now purchase life insurance and additional coverage for critical illness and disabilities through both digital channels and insurance sales agents [3] Competitive Advantage - The Jutro Platform allows for the updating and deployment of products across all digital channels and partner networks, facilitating the creation and testing of digital customer journeys [3][4] - OP Life Assurance is the first life insurance company to implement the Guidewire Jutro Platform, positioning itself to innovate in IT and reduce the risk of losing market share to competitors [2][4] Partnership and Support - CGI, a partner of Guidewire, assisted OP Life Assurance in the implementation of the Jutro Digital Platform [4][5] - The platform enables insurers to build reusable and brandable applications, integrating seamlessly with Guidewire's core policy, claims, and billing systems [5]