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Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
Guidewire PaaS
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Guidewire PaaS

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Capgemini Australia launches Guidewire Insurance suite on Amazon web services(AWS), first of it's kind globally

Capgemini Australia launches Guidewire Insurance suite on Amazon web services(AWS), first of it's kind globally

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  • 1. Guidewire-as-a-service Sydney, 1 October 2013
  • 2. Why Fix What Ain’t Broke? Challenge scaling up Inconsistent and nonstandard architecture Longer product development High run cost High business risk from technology obsolescence Challenge with integration (external systems and newer technologies) Do it better, smarter and cheaper Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 2
  • 3. What choice does the CIO have? Do nothing Core system replacement  Maintain legacy  Selects new core system  Business frustrated by long TAT for enhancement  Often as old as the one being replaced  Build satellite systems to take care of functionalities  Undersized project  Increased architectural complexity  Increased cost of maintenance  Schedule overrun, budget overrun  Pressure builds from operations, sales and CFO  Pressure builds from operations, sales and CFO Do nothing is no more a choice if you want to stay ahead Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 3
  • 4. What is the ideal solution?  Best of breed product  Industry best practice  Cutting edge technology  Highly configurable/Less enhancement  Low upfront investment  Low run cost  Flexible capacity model  Service on the go It isn’t too good to be true, it is true Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 4
  • 5. How would the solution look like? A pre-integrated platform supporting the policy lifecycle with a preconfigured Guidewire suite of services in a hosted environment. Guiding Principles Focus on the Business of insurance and the brand based Expert Services that Drive Value/Differentiation Guidewire InsuranceSuite Advance the capabilities that drive measurable market value Leverage the capabilities that drive a reliable and stable operating platform Cloud Based infrastructure Integrated Platform Customer Acquisition PolicyCenter Risk Selection and Pricing Reduce operating costs while improving throughput via standardization and automation Product Manufacturing Ease of Change For Measurable Results BillingCenter ClaimCenter Policy Lifecycle Management Rapid Access to Market Leading Technical Capabilities with a low cost of entry... At Scale Claim Lifecycle Management Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 5
  • 6. Let’s look at some industry statistics  Most General insurance organisations are testing the SaaS waters with non-core or non-revenue producing applications  Only 25% of those surveyed are using SaaS for a vertical specific application relating to core insurance business functions, e.g. policy administration, claims management and processing, billing and payments, rating and underwriting  Common barriers to deployment of cloud services for core insurance business systems are: • Extensive customisations to the core applications which makes the deployment effort and TCO much expensive • Regulatory requirements around data  Despite challenges, many general insurers are displaying interest to deploy cloud services for an insurance core function-specific application in near to medium term. 37% 23% 14% 9% Policy System Current Claims System Next 12 months Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 6
  • 7. Why Guidewire? Focus  Focused on one industry (General Insurance) Quality  No legacy code. Products and platform built on state-ofthe-art technology. Optimized for flexibility  End-to-end coverage. Billing, policy and claims fully integrated Track record Trusted  More than 100 global implementation success. No failed projects.  Trusted by customers, partners and industry analysts  Leading product in Australia and New Zealand  Leader in Gartner magic quadrant Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 7
  • 8. Why AWS? Industry Leadership  Effectively created the IaaS industry in 2004. Certainty of data location  AWS offers their services based on geographic regions. Data is never transferred out of a region (unless specifically actioned by a client).  Australia region is based in Sydney, so local data only resides in NSW. Track record  By far the largest IaaS service provider globally.  Used extensively by other Financial Services companies in Australia Trusted  Trusted by customers, partners and industry analysts  Clear leader in Gartner Magic Quadrant (2013 – published 29 August 2013) Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 8
  • 9. What have we heard from you? Cloud is good Yes, it is cheaper It is scalable It is good for my non-core systems BUT  How about data security?  Is the regulator ok with it?  How reliable is it?  Do I have control over my environment?  How easy is it to change provider both for application and hosting? Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 9
  • 10. Our view to your concerns Data Security  Entire environment is PCIDSS compliant  Data security is integral to AWS’ core business Regulatory Approval  APRA approval would depend on the solution architecture Reliability  Reliability is based on architected solution. It is entirely feasible to architect a solution to 99.999%  Do I have control over my environment? • Client has absolute control over their own environment  Is it suitable for core systems? • A number of large companies already run large/all parts of their business on AWS Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 10
  • 11. Why Capgemini? Capgemini is the FIRST partner Leading Global Implementation Partner End to end Lifecycle – Strategy, Implementation to Maintenance Strategic Planning for Product Introduction Established CoE & Offshore Competency Center Capgemini & Guidewire Product and Domain Expertise Faster Implementation with Innovation and Acceleration Global Resources and Industry Expertise  Included in Guidewire Beta Program  To implement Policycenter  To lead a Guidewire InsuranceSuite implementation  To complete a partner led upgrade  Sign a multi-year Application Maintenance Services agreement Only Guidewire SI that has taken on projects from other SIs and GW Professional Services but not been replaced by others Established partnership with AWS since 2009 and a Premium Partner since 2011 to bring Cloud Computing to the Enterprise Capgemini has successfully piloted AWS with Clients for: - Guidewire - Oracle® Applications - Big data analytics - Microsoft SharePoint and Application Development Testing Guidewire   900+: Guidewire practitioners world-wide, including… 500+: Certified and Trained consultants across GW ClaimCenter, BillingCenter and PolicyCenter. Many practioners are certified in more than 1 application.  200+: Business Analysts, Testers, Data Conversion Specialists, Integration Developers & Reporting Analysts  Over 45 Guidewire Projects completed by Capgemini globally AWS  Cloud Computing Center of Excellence with Amazon Web Services trained and educated personnel  40 years experience designing and operating Enterprise IT  Established reference architecture and project templates Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 11
  • 12. Contact details Dipak Sahoo Insert contact picture Director- Industry Practice Insurance dipak.sahoo@capgemini.com Guidewire-as-a-Service | Oct 1, 2013 Copyright © Capgemini 2013. All Rights Reserved 12
  • 13. About Capgemini With more than 125,000 people in 44 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2012 global revenues of EUR 10.3 billion. Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business Experience™, and draws on Rightshore®, its worldwide delivery model. Learn more about us at www.capgemini.com. www.capgemini.com The information contained in this presentation is proprietary. Copyright © 2013 Capgemini. All rights reserved. Rightshore® is a trademark belonging to Capgemini.

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