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NFU Mutual to Further Improve Customer Service by Moving to Guidewire Cloud Platform
Businesswire· 2026-01-27 07:31
Core Insights - NFU Mutual is migrating its on-premises deployment of Guidewire InsuranceSuite to the Guidewire Cloud Platform, strengthening their long-term partnership [1][3] - The migration aims to enhance operational efficiency and customer service, aligning with NFU Mutual's growth strategy [5] Company Overview - NFU Mutual is the UK's leading rural insurer, owned by 900,000 members, offering a variety of products including general insurance for home, motor, and business [2][6] - The company has a network of 300 agencies, benefiting from improved process efficiency and premium collection services through its partnership with Guidewire [2] Technological Advancements - The Guidewire Cloud Platform will enable NFU Mutual to modernize its core systems, focusing on scalability, security, and rapid updates [3] - NFU Mutual is investing in data management and digital capabilities, utilizing the Guidewire Data Platform for critical data capture and insights [4] Strategic Goals - The move to the Guidewire Cloud Platform is part of NFU Mutual's commitment to best-in-class customer service and enhancing user experience for employees and agents [5] - The partnership with Guidewire is expected to support NFU Mutual's growth in commercial lines and high-net-worth offerings [5]
Why is Guidewire Software (GWRE) One of the Best Strong Buy Growth Stocks to Buy According to Hedge Funds?
Yahoo Finance· 2026-01-19 09:19
Core Insights - Guidewire Software, Inc. (NYSE:GWRE) is recognized as a strong buy growth stock by hedge funds, particularly following its partnership with Vaudoise, which has become the first Swiss insurer to implement the Guidewire Cloud Platform [1] - The implementation of Guidewire ClaimCenter and ongoing integration of Guidewire PolicyCenter at Vaudoise is expected to enhance the efficiency of processing motor insurance claims through increased automation and fully digital processes [2] - Wells Fargo has adjusted its price target for Guidewire to $250 from $275 while maintaining an Overweight rating, emphasizing the importance of AI in future performance [3] - RBC Capital has reiterated a Buy rating for Guidewire with a price target of $300, indicating confidence in the company's growth potential [3] - Guidewire offers a technology platform that integrates core systems with analytics, digital, and AI applications, including products like Guidewire InsuranceSuite and Guidewire InsuranceNow [4]
Guidewire to Develop PolicyCenter Functionality for Japanese Market, Simplifying Innovation and Speeding Digital Transformation
Businesswire· 2025-09-17 00:00
Core Insights - Guidewire is developing PolicyCenter functionality specifically for the Japanese insurance market, collaborating with Capgemini and Nomura Research Institute to enhance digital transformation efforts [1][3][4] Group 1: Development Initiative - The new functionality will be integrated directly into PolicyCenter, building on previous accelerators offered to Japanese insurers [2] - This initiative aims to simplify the core and digital transformation journeys for Japanese insurers, addressing complex regulatory and operational needs [3] Group 2: Strategic Collaboration - Guidewire is deepening its partnership with Capgemini and nurturing its relationship with NRI to expedite the delivery of tailored solutions for Japanese insurers [3][4] - The collaboration combines global insurance technology expertise with local market knowledge to better serve the unique needs of Japanese insurers [4] Group 3: Company Overview - Guidewire is a trusted platform for property and casualty insurers, with over 570 insurance brands in 43 countries relying on its products [5] - The company boasts a strong implementation record with over 1,700 successful projects supported by a large R&D team and partner ecosystem [5]
Farm Bureau Insurance Company of Idaho Enables Business Agility With Successful Guidewire Cloud Platform Migration
Prnewswire· 2025-06-04 12:00
Core Insights - Farm Bureau Insurance Company of Idaho successfully upgraded to Guidewire Cloud Platform, enhancing its operational capabilities and customer experience [1][2][3] - The migration was completed in under 12 months, demonstrating effective collaboration between Farm Bureau and ValueMomentum [2][3] - The upgrade positions Farm Bureau to leverage Guidewire's latest innovations, improving product delivery speed and business agility [2][3] Company Overview - Farm Bureau Insurance Company of Idaho has been serving Idaho families, farms, and businesses since 1947, focusing on providing financial peace of mind [4] - The company is the largest property-casualty insurer headquartered in Idaho and ranks among the top three in overall premium within the state [5] - In 2023, Farm Bureau expanded into Washington state under the name Western Community Insurance, broadening its market reach [5] Performance Recognition - In 2025, Farm Bureau was ranked 3 statewide and 5 in East Idaho on the Best Places to Work in Idaho list [6] - The company received an upgrade in its Financial Strength Rating from AM Best, moving from A- (Excellent) to A (Excellent) due to improved underwriting and operating performance [6] Guidewire and ValueMomentum - Guidewire is a trusted platform for P&C insurers, with over 570 insurers in 42 countries relying on its products [7] - ValueMomentum is a leading solutions provider for the global property and casualty insurance industry, having served over 100 insurers [10]