guidewire paas
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Capgemini Australia launches Guidewire Insurance suite on Amazon web services(AWS), first of it's kind globallyTRANSCRIPT
Guidewire-as-a-service
Sydney, 1 October 2013
2 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
Why Fix What Ain’t Broke?
Longer
product
development
Challenge
scaling up
Inconsistent
and non-
standard
architecture
High run cost
High business
risk from
technology
obsolescence
Challenge
with integration
(external
systems and
newer
technologies)
Do it better, smarter and cheaper
3 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
What choice does the CIO have?
Maintain legacy
Business frustrated by long
TAT for enhancement
Build satellite systems to
take care of functionalities
Increased architectural
complexity
Increased cost of
maintenance
Pressure builds from
operations, sales and CFO
Do nothing
Selects new core system
Often as old as the one
being replaced
Undersized project
Schedule overrun, budget
overrun
Pressure builds from
operations, sales and CFO
Core system replacement
Do nothing is no more a choice if you want to stay ahead
4 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
What is the ideal solution?
It isn’t too good to be true, it is true
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
5 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
How would the solution look like?
Advance the capabilities
that drive measurable
market value
Focus on the Business of
insurance and the brand based
Expert Services that Drive
Value/Differentiation
Rapid Access to Market Leading
Technical Capabilities with a low
cost of entry... At Scale
Reduce operating costs while
improving throughput via
standardization and automation
Guidewire InsuranceSuite
Customer Acquisition
Risk Selection and Pricing
Product Manufacturing
Policy Lifecycle Management
Claim Lifecycle Management
A pre-integrated platform supporting the policy lifecycle with a pre-
configured Guidewire suite of services in a hosted environment.
Guiding Principles
Ease of Change
For Measurable
Results
Leverage the capabilities
that drive a reliable and
stable operating platform
Cloud Based infrastructure
Integrated Platform
PolicyCenter
BillingCenter
ClaimCenter
6 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
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.
9%
14%
37%
23%
Policy System Claims System
Current Next 12 months
7 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
Why Guidewire?
Focus Quality
No legacy code. Products
and platform built on state-of-
the-art technology. Optimized
for flexibility
End-to-end coverage. Billing,
policy and claims fully
integrated
More than 100 global
implementation success. No
failed projects.
Leading product in Australia
and New Zealand
Trusted by customers,
partners and industry
analysts
Leader in Gartner magic
quadrant
Track record Trusted
Focused on one industry
(General Insurance)
8 Copyright © Capgemini 2013. All Rights Reserved
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Why AWS?
Industry Leadership
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.
By far the largest IaaS service
provider globally.
Used extensively by other
Financial Services companies in
Australia
Trusted by customers, partners and industry analysts
Clear leader in Gartner Magic Quadrant (2013 – published 29 August 2013)
Track record Trusted
Effectively created the IaaS
industry in 2004.
9 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
What have we heard from you?
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?
Cloud is good Yes, it is cheaper It is scalable
It is good for my non-core
systems
10 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
Our view to your concerns
Data Security
Entire environment is PCI-
DSS 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
11 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
Why Capgemini?
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
Guidewire
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
AWS
Capgemini & Guidewire
Leading Global Implementation
Partner
Established CoE &
Offshore Competency
Center
Global Resources and
Industry Expertise
Faster Implementation with Innovation
and Acceleration
Product and Domain
Expertise
Strategic Planning for
Product Introduction
End to end Lifecycle –Strategy,
Implementation to Maintenance
Capgemini is the FIRST partner 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
12 Copyright © Capgemini 2013. All Rights Reserved
Guidewire-as-a-Service | Oct 1, 2013
Contact details
Dipak Sahoo Director- Industry Practice Insurance
Insert
contact
picture
The information contained in this presentation is proprietary.
Copyright © 2013 Capgemini. All rights reserved.
Rightshore® is a trademark belonging to Capgemini.
www.capgemini.com
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.