San Mateo, CA – Hawaii Employers’ Mutual Insurance Company, Inc. (HEMIC) and Guidewire (NYSE: GWRE) announced that HEMIC has successfully migrated Guidewire InsuranceSuite to Guidewire Cloud to power its core business, simplify IT operations, adapt quickly to changing marketing demands, and deliver value to agents and customers. A Guidewire self-managed customer since 2016, the company also migrated the self-managed installations of its Guidewire DataHub, InfoCenter, CustomerEngage, and ProducerEngage applications onto Guidewire Cloud.
“Migrating to Guidewire Cloud addresses our digital-first strategy for our customers and agents, improving and enhancing their online experience with cloud capabilities,” said HEMIC Chief Transformation Officer Leila Kagawa. “It’s also enabled us to transfer system maintenance to Guidewire so we can stay current with their latest technology and innovations, as well as easily integrate the best-in-class insurtech solutions that are part of Guidewire Marketplace and the PartnerConnect ecosystem into our workflows for streamlined processing.”
In addition, HEMIC is in the process of deploying a pricing model using Guidewire Predict for issuing quotes on new business. HEMIC Vice President of Underwriting Regina Harris commented, “One of our reasons for moving to Guidewire Cloud is to leverage predictive analytics with full integration into Guidewire PolicyCenter to improve underwriting outcomes. We expect the predictions from the pricing model to improve our small business risk selection and increase the straight-through processing rate.”
“We congratulate HEMIC on its successful cloud transformation,” said Guidewire Head of Services Michael Mahoney. “We are excited to help the company continue its 27-year mission of serving Hawaii’s businesses with the core values of excellence and integrity.”