The partnership with is geared towards streamlining E.design’s IT functions, enabling swift adaptation to market dynamics, and delivering increased value to both agents and policyholders.
The news follows Guidewire’s announcement of its latest cloud release, Innsbruck, designed to empower insurers to seize market opportunities through advancements in customised digital experiences, risk insights, and claims automation.
The Innsbruck release is set to be generally available on December 1, 2023, with certain limitations that may apply. Guidewire continues to be the go-to platform for P&C insurers, providing the tools to engage, innovate, and grow efficiently.
Guidewire integration to boost E.Design’s agility offering
As a leading innovator in the Property and Casualty (P&C) insurance sector in Japan, E.design is poised to leverage Guidewire Cloud to enhance its agility. The integration will incorporate advanced technologies like AI and IoT, aiming to create innovative and valuable experiences for its customer base. Guidewire Cloud is expected to play a pivotal role in empowering E.design to revolutionise the P&C insurance industry in Japan.
Shigeo Kuwabara, CEO of E.design Insurance, stated, “We will draw on the full capabilities of Guidewire Cloud as we strive to achieve agility while creating value by combining it with cutting-edge technologies such as AI and IoT in order to provide our customers with new and valuable experiences.”
Guidewire Chief Customer Officer Christina Colby, said, “E.design Insurance is one of the leading innovators in Property and Casualty (P&C) insurance in Japan. We thank E.design for placing its trust in our cloud services and look forward to helping to grow the business and drive further success in the Japanese non-life insurance market.”
Innsbruck solution set to streamline digital experiences
Meanwhile, the launch of Innsbruck is scheduled for Guidewire’s customer conference, Connections today, with live streamed keynotes and on-demand availability.
The release introduces a record number of new functional capabilities, with a spotlight on the Jutro Digital Platform (Jutro), enabling insurers to craft digital experiences for users across diverse lines of business and distribution channels.
Predict, another feature in Innsbruck, now incorporates Tune, a framework empowering actuaries to evaluate pricing strategies for optimal growth and profitability. The addition of Analytics Manager allows the embedding of insights into underwriting and claims processes through codeless configuration.
HazardHub facilitates quick and accurate risk assessment for Canadian properties, catering to the needs of underwriters. Autopilot Workflow Service automates business processes throughout the Property and Casualty insurance lifecycle, initially focusing on optimising claims workflows.
Data Studio accelerates time-to-value for business insights and analytics by simplifying the definition of curated operational datasets from InsuranceSuite core data.
InsuranceNow Update Automation feature facilitates a swift transition to the latest Guidewire Cloud release in a matter of weeks, leveraging automated functional testing and the delivery of new environments. For InsuranceNow GO, new products enable insurers to launch a complete commercial package policy up to 50% faster than building from scratch.
With a combination of digital, core, analytics, and machine learning, Guidewire’s cloud service is used by more than 540 insurers in 40 countries, ranging from new ventures to the largest and most complex entities worldwide.
Author: Joanna England
