LARAMIE, Wyo. & SAN MATEO, Calif.–(BUSINESS WIRE)–Mountain West Farm Bureau Mutual Insurance (Mountain West), a Wyoming-based multiline insurer, and Guidewire (NYSE: GWRE) announced that Mountain West and its subsidiary 360 Insurance Company (360) have successfully deployed InsuranceSuite on Guidewire Cloud to power their core operations and simplify IT operations, adapt faster to changing market demands, and deliver more value to agents and policyholders. The companies have implemented the product for their five personal lines of business in the states of Colorado, Montana and Wyoming, and are currently implementing the system for their commercial lines of business.
“With its cloud-based technical architecture and robust integrated software features, Guidewire Cloud is a game-changer for Mountain West and 360. Most notably, it reduces the implementation time associated with a project of this scale,” said Tim. Hays, vice-president. information technology at Mountain West. “With Guidewire Cloud, we are stepping out of the software development realm. We now actually run software rather than build it. »
Hays added, “There are a lot of new Guidewire fans within our businesses. Our teams are excited about the capabilities they now have at their fingertips, such as straight-through processing, the intelligence they get from Explore dashboards, and improved capabilities in terms of quoting to link and issue management subscription. With Advanced Product Designer, we separated out a packaged font that included home, auto, outbuildings, and inland marine all in one font, and moved to a structure with an account that has individual monoline fonts . This is a totally fundamental change and overhaul to the way we operate, and we were able to make this change efficiently, accurately and quickly.
“We’re thrilled that Mountain West and 360 are leveraging Guidewire to modernize and grow their personal and business businesses,” said Christina Colby, Chief Client Officer, Guidewire. “As Mountain West prepares to celebrate 75 years of service next year, we congratulate them on reaching this milestone in their digital transformation journey to continue their mission of providing financial peace of mind to their customers with competitive and quality products and services.”
Mountain West and 360 have also deployed SmartCOMM™ from Smart Communications for customer communications management. Guidewire is a reseller of Smart Communications, a Guidewire PartnerConnect The solution member.
About Mountain West Farm Bureau Mutual Insurance
Mountain West is a multi-line insurance company serving the needs of individuals, families and businesses in Wyoming and Montana for over 70 years and (most recently) Colorado through a wholly owned company – 360 Insurance. Our mission is to provide peace of mind to our customers with competitive and quality products and services. For more information, please visit http://www.mwfbic.com.
About 360 Insurance Company
360 Insurance Company was established in July 2011 with the primary goal of providing financial security to every policyholder through quality insurance products and a professional sales force. The company is a wholly owned subsidiary of a leading insurance company based in Laramie, Wyoming. The parent company was established on August 27, 1948 and has grown with a stable and successful history. 360 Insurance Company was formed to provide insurance primarily in the western Colorado region, giving the parent company a new opportunity to expand its business beyond current borders. For more information, please visit https://www.360insuranceco.com/.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate and grow effectively. We combine digital, core, analytics and AI to deliver our platform as a cloud service. Approximately 520 insurers in 38 countries, from new businesses to the largest and most complex in the world, use Guidewire.
As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with over 1,000 successful projects, backed by the industry’s largest R&D team and partner ecosystem. Our marketplace provides hundreds of apps that accelerate onboarding, localization, and innovation.
For more information, visit www.guidewire.com and follow us on Twitter and LinkedIn.
NOTE: For more information on Guidewire trademarks, see https://www.guidewire.com/legal-notices.