FMG Selects Guidewire Cloud to Maximise Agility and Support Continued Growth
10 Juin 2024 - 10:30PM
Business Wire
FMG and Guidewire (NYSE: GWRE) announced that FMG has selected
Guidewire InsuranceSuite on Guidewire Cloud to power its core
business. A Guidewire customer since 2012, FMG will be migrating
its on-premise installation of InsuranceSuite to Guidewire Cloud,
aligned with its business strategy. Guidewire Cloud will enable FMG
to simplify its IT operations to adapt quickly to changing market
demands and customer expectations to support its continued
growth.
“In 2023, Cyclone Gabrielle and the Auckland Anniversary Weekend
floods combined to represent the largest claims event in FMG’s
119-year history. Honouring our promises to clients and helping
them get back on their feet when the unexpected happens is what we
are here for. Having the Guidewire system to lean on helped our
employees across the Mutual respond effectively to our client’s
needs in extremely challenging circumstances,” said FMG Chief
Executive Officer Adam Heath. “Our move to Guidewire Cloud will not
only enable FMG to meet continuously evolving client expectations
and changes within the New Zealand/Aotearoa insurance market; it
will also provide important capability, enabling FMG to respond
quickly and effectively when we inevitably face another insurance
event of scale.”
"We are privileged to support FMG's strategy of applying
technology innovations to deliver better outcomes for both New
Zealand's farming community and FMG's dedicated staff," said
Guidewire Vice President for Asia Pacific Geoffrey Dirago. "FMG
approaches this from an already impressive starting point and I'm
excited to deepen our 12-year partnership in service of the farmers
and growers of New Zealand."
About FMG
New Zealand's leading rural insurer, serving the insurance needs
of rural communities for 119 years. A Mutual insurer owned by its
Members with a deep commitment to the sustainability, wellbeing and
prosperity of rural New Zealand.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage,
innovate, and grow efficiently. We combine digital, core,
analytics, and machine learning to deliver our platform as a cloud
service. More than 540 insurers in 40 countries, from new ventures
to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable
their success. We are proud of our unparalleled implementation
track record, with more than 1,600 successful projects, supported
by the largest R&D team and partner ecosystem in the industry.
Our marketplace provides hundreds of applications that accelerate
integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow
us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire’s trademarks, visit
https://www.guidewire.com/legal-notices.
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version on businesswire.com: https://www.businesswire.com/news/home/20240610533237/en/
Diana Stott Director, Communications Guidewire Software, Inc.
+1.650.781.9955 dstott@guidewire.com
Ben Christie Corporate Communications Specialist FMG 0800 366
466 ben.christie@fmg.co.nz
GuideWire Software (NYSE:GWRE)
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