(Image source: Rockford Mutual homepage.)
Rockford Mutual Insurance Company, a regional property/casualty insurer based in Rockford, Ill., has deployed Guidewire (Foster City, Calif.) InsuranceNow, a core component of Guidewire InsurancePlatform via Guidewire Cloud, to its commercial package policy and farm lines of business. InsuranceNow has now been implemented across the company to modernize its technology platform and support transformation across all of its lines of business, according to a vendor statement.
“It is important for insurers to recognize that unless they evolve their technology, it will be difficult for them to compete in the marketplace in the future,” comments William Hanby, CIO, Rockford Mutual. “Our previous environment consisted of disparate systems and processes that required a wide variety of technical skills to maintain, leading to a high level of complexity that affected our speed to market.”
“The all-in-one nature of InsuranceNow and using configuration to make changes made the implementation process faster and less risky, giving us a high level of confidence in a successful project,” Hanby adds. “Feedback from our users has been positive so far; they really like the system’s intuitiveness and the new features and functionality available to them.”
Adaptation for Success
“We congratulate Rockford Mutual on the successful conclusion of its InsuranceNow implementation project,” comments David Burns, VP, Professional Services, InsuranceNow, Guidewire Software. “We applaud the company’s mission of providing exceptional service, innovation, security, and ease of doing business to its agents and customers, and are pleased that our P&C core Software-as-a-Service platform is enabling Rockford Mutual to adapt and succeed in a rapidly-changing insurance market.”