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Guidewire-as-a-service Sydney, 1 October 2013

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

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Page 1: Guidewire PaaS

Guidewire-as-a-service

Sydney, 1 October 2013

Page 2: Guidewire PaaS

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

Page 3: Guidewire PaaS

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

Page 4: Guidewire PaaS

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

Page 5: Guidewire PaaS

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

Page 6: Guidewire PaaS

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

Page 7: Guidewire PaaS

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)

Page 8: Guidewire PaaS

8 Copyright © Capgemini 2013. All Rights Reserved

Guidewire-as-a-Service | Oct 1, 2013

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.

Page 9: Guidewire PaaS

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

Page 10: Guidewire PaaS

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

Page 11: Guidewire PaaS

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

Page 12: Guidewire PaaS

12 Copyright © Capgemini 2013. All Rights Reserved

Guidewire-as-a-Service | Oct 1, 2013

Contact details

Dipak Sahoo Director- Industry Practice Insurance

[email protected]

Insert

contact

picture

Page 13: Guidewire PaaS

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.