New Mexico Mutual Casualty Company Transforms Business on Guidewire Cloud to Better Serve New Mexico Employers
February 13 2024 - 8:55AM
Business Wire
New Mexico Mutual Group (New Mexico Mutual), the leading
workers’ compensation insurance company in New Mexico, and
Guidewire (NYSE: GWRE) announced that New Mexico Mutual has
successfully migrated Guidewire InsuranceSuite to Guidewire Cloud
to power its core business and simplify IT operations. The company
has been a Guidewire self-managed customer since 2005. Recently, it
migrated its self-managed installations of Guidewire DataHub and
InfoCenter onto Guidewire Cloud as its enterprise-wide data
management and business intelligence systems. Guidewire
PartnerConnect Consulting Global Premier member Ernst & Young
LLP (EY) led the implementation project.
“Migrating to Guidewire Cloud has enabled us to transfer system
maintenance to Guidewire so we can stay current with their latest
technology and innovations enabling our IT staff to focus on the
tasks that will deliver value to our agents and customers as we
adapt to changing market demands,” said Gina Hickman, vice
president and chief financial officer, New Mexico Mutual. “We look
forward to further exploring the analytics and digital capabilities
and functionalities offered on Guidewire Cloud as we leverage them
to help us achieve our strategic goals.”
Karen Schroeder, director, Information Technology, New Mexico
Mutual commented, “The wonderful collaboration between our IT staff
and the Guidewire and EY resources contributed to a phenomenally
successful migration project that concluded on time and on budget.
Our users have provided positive feedback about the look and feel
of the new user interface using InsuranceSuite on Guidewire
Cloud.”
“We are honored that New Mexico Mutual and Guidewire entrusted
us with the success of implementing InsuranceSuite on Guidewire
Cloud,” said Vandana Sule, partner, Technology Consulting, Ernst
& Young LLP. “We look forward to partnering with both companies
as New Mexico Mutual continues along its cloud journey.”
Michael Mahoney, senior vice president and head of Professional
Services, Guidewire concluded, “We congratulate New Mexico Mutual
on its successful cloud transformation. We are excited to help the
company continue its 32-year mission of providing access to high
quality, cost-effective workers’ compensation insurance and
services for its customers.”
About New Mexico Mutual Group
New Mexico Mutual Group was created to stabilize the workers’
compensation market by offering New Mexico employers affordable and
competitive workers’ compensation coverage. Since its founding in
1991, New Mexico Mutual Group has become the largest provider of
workers’ compensation insurance in the state, insuring over 30% of
the insured voluntary market in New Mexico. Insuring all types of
business, with special attention to small and medium sized
businesses, New Mexico Mutual Group enjoys a strong and loyal
partnership with over 600 agents across the state and strives to
provide access to quality, cost-effective workers’ compensation
insurance and services for our customers. Visit New Mexico Mutual
Group online to learn more: www.newmexicomutual.com.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage,
innovate, and grow efficiently. We combine digital, core,
analytics, and machine learning to deliver our platform as a cloud
service. More than 540 insurers in 40 countries, from new ventures
to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable
their success. We are proud of our unparalleled implementation
track record, with more than 1,600 successful projects, supported
by the largest R&D team and partner ecosystem in the industry.
Our marketplace provides hundreds of applications that accelerate
integration, localization, and innovation.
For more information, please visit http://www.guidewire.com/ and
follow us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire’s trademarks, visit
https://www.guidewire.com/legal-notices.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240213753510/en/
Diana Stott Director, Communications Guidewire Software, Inc.
650-781-9955 dstott@guidewire.com
Gina Hickman Vice President and Chief Financial Officer New
Mexico Mutual Group 505-343-2814 ginah@newmexicomutual.com
GuideWire Software (NYSE:GWRE)
Historical Stock Chart
From Apr 2024 to May 2024
GuideWire Software (NYSE:GWRE)
Historical Stock Chart
From May 2023 to May 2024