BearingPoint and Guidewire Software, Inc. will jointly approach the insurance market in Europe, the Middle East and Africa (EMEA) to provide customers with an integrated delivery approach for their Guidewire core-system augmentation and replacement projects.
The cooperation includes the insurance markets in Germany, Austria, Switzerland, UK, France, Spain and Russia.
Guidewire is a rapidly expanding company in the United States and has already successfully expanded into Canada, Australia and New Zealand. BearingPoint has extensive project experience in the EMEA insurance market and is building a global Guidewire practice.
Numerous joint implementations are already under way in the United States. Building on this joint success in the United States, BearingPoint and Guidewire will now collaborate closely in Europe.
“Insurance companies are finding that transforming their core systems and processes is critically important for success in the 21st century, and that selecting the right underwriting, billing or claims system is a necessary first step in such a transformation,” says Marcel Nickler, BearingPoint Financial Services’ EMEA leader. “BearingPoint and Guidewire are helping companies build more flexibility into core processes and systems to meet constantly changing business and regulatory requirements and compete more effectively.”