Exavalu + Guidewire : A Winning Proposition

The Insurance industry continues to be heavily disrupted through forces of technology and digital transformation, increased regulation, changing consumer behaviors, newer distribution models, industry consolidation, challenged investment returns, structural overcapacity and global macro-economic and political change. In order to survive in a time of such rapid change, insurance companies today are refocusing their efforts on core, digital and data operations to support their clients’ demands and expectations in a much better fashion. Guidewire’s suite of solutions make it easier for insurers to acquire necessary capabilities in core Insurance functions, Digital, and Data. Exavalu understands the key business challenges, interdependencies and value levers of a customer-focused insurance organization. Our expertise spans the entire insurance value chain. Our principals have worked with clients ranging in size from the largest global P&C insurers to small InsurTech players. We work with insurers and reinsurers, brokers/agents, claims management companies, and technology & distribution platforms. We have a large knowledge repository of artifacts, templates, accelerators and leading practices that enable speed to market around delivery while reducing delivery risk.

Partnership:

Exavalu is a member of the Guidewire business associate program since 2019.

Exavalu Guidewire Offerings :

Exavalu’s strong functional expertise in Insurance domain and Guidewire-technology expertise spans across entire Guidewire product suite like GW InsuranceSuite, GW InsuranceNow, GW Digital and GW Data. Our Insurance & Guidewire expertise caters towards Insurance Business/ Technology Advisory, Specialized Advisory around Guidewire (Core, Data, Digital - Technology based transformation) and Technology Delivery Services.

Our Specialized Advisory around Guidewire includes:

  • Guidewire Implementation Review & Best Practice Assessment
  • Insurance Platform Upgrade Assessment
  • Insurance Product Rationalization/ Alignment
  • Insurance Data Conversion Strategy/Plan – Policy, Claims, Billing
  • Deployment and Rollout Strategy (e.g. State-Rollouts)
  • Insurance Platform Cloud Migration
  • Program Inception/ Sprint-0 planning
  • Functional Design (Themes, Epics, Story definition)
  • Claims Fraud Detection and Prevention Design
  • Digital Transformation and User Experience Design spans across Customer Engagement Strategy/ Solution, Agent Portal Solutions and Agency Mgt Integration, CRM – Servicing Strategy/ Solution, Vendor / Service Provider portals, AI/ML/Predictive/ IOT/ Telematics Strategy, Innovation workshops/ Catalyst
  • Customer Communication Management (CCM) Strategy
  • CCM Technology Platform Evaluation/ Solution Definition
  • Integration and API Strategy/ Solution Definition
  • Vendor Services Integration Process Design
  • Rescue/Recovery of Projects AT RISK

Our Technology Delivery Services around Guidewire includes

  • Design, Configuration, Customization & Integration across
    • ClaimCenter processes like Intake/New Claim Entry, Rule based Segmentation & Assignment, Financials, Policy Refresh, Notifications, Activity Management, Reserve, Payments and so on
    • PolicyCenter, BillingCenter, Underwriting Management
    • All Integrations – both external & internal
    • Guidewire Digital (Insured/Agent)
    • Guidewire Datahub & InfoCenter
    • Document & Workflow Management
  • Data conversion