Scandinavia’s leading supplier of IT solutions in the insurance and pension industry to bring Guidewire InsuranceSuite to Nordic insurers in a SaaS delivery model

Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to non-life insurers, and FDC, Scandinavia’s leading supplier of IT solutions in the insurance and pension industry, today announced that FDC has joined Guidewire PartnerConnect™ as a Consulting partner and Guidewire InsuranceCloud™ Solutions partner program, becoming the first InsuranceCloud Solutions partner outside of North America.

FDC’s insurance industry expertise and demonstrable track record in Scandinavia make them a convincing choice for Guidewire’s PartnerConnect Program.  In joining the InsuranceCloud Solution Partner Program, FDC gains access to the InsuranceSuite platform to put at the center of a new, efficient and cost-effective SaaS solution for insurers in the fast-paced non-life insurance industry. FDC brings deep knowledge and assets in the non-life market and will couple InsuranceSuite with local content and integrations together with their application hosting and maintenance expertise as a complete InsuranceCloud solution.

Birthe Elkjær, CEO, FDC, states, “FDC, as well as the market, both need a new IT solution that builds on the latest technology from the most recognised player in the insurance market.” She adds, “Customers will certainly benefit from using Guidewire products and leveraging our insight and customisation expertise in supporting the requirements in the Nordic countries. Together we can provide modern digital solutions that will make life easier for insurers.”

With more than 50 years of experience in the industry, FDC successfully provides IT insurance and pension solutions to the majority of Scandinavian insurance companies like Gjensidige, Storebrand and Frende. Through FDC’s dedicated work, it has gained a unique position in the market due to its profound understanding of the key drivers amongst its clients. The ability to provide Guidewire InsuranceSuite products will further enhance FDC’s market position, in a modern and efficient way.

Linda Matzen, Sales Director, FDC, explains, “The reason for selecting Guidewire as our technology platform is due to its highly developed techniques and expertise that is proven to meet insurers’ needs in digitalisation and customer experience enhancement.” She continues, “We need new and improved products that are based on the industry’s needs to adapt to an ever-changing environment. With Guidewire, we can now provide a full suite offering configured to our clients’ needs with less development compared to other solutions on the market. This will make implementation faster and the daily working processes more efficient and more stable. We believe that Guidewire enables insurance companies to deliver high levels of customer service and demonstrate digital maturity, which is an industry demand. If you want to gain revenue in business, you have to think anew.”

“We are pleased to welcome FDC to our PartnerConnect and InsuranceCloud programs,” said Jeff Proudfoot, vice president, Global Alliances and Business Development, Guidewire Software. “We are excited to offer insurers in the Nordics strong implementation support and innovative delivery options in partnership with FDC. Together, we will help insurers to reduce their overall core system total cost of ownership and serve their customers better.”

About Guidewire PartnerConnect

Guidewire PartnerConnectTM is a global network of select partner companies that provide consulting services and solutions to enhance, extend, and complement the capabilities of Guidewire products. Our worldwide partner community helps contribute to the success of our mutual customers in the non-life insurance industry by delivering Guidewire software implementations, value-add solution and technology offerings, and guidance on insurance industry best practices.

Guidewire PartnerConnect is an invitation-only program. For more information about Guidewire PartnerConnect please visit www.guidewire.com/partners/.

About Guidewire InsuranceCloud™ Solutions

Guidewire InsuranceCloud™ solutions combine Guidewire products, complementary software, and related services delivered in the cloud. With Guidewire at the core, InsuranceCloud Solutions are designed and delivered by a select group of authorized partners to enable non-life insurers to replace their legacy systems, transform their business, and optimize costs to increase return on their IT investment.

InsuranceCloud Solutions partners are select Guidewire PartnerConnect™ Consulting partners who will deliver cloud solutions that combine Guidewire products with their own differentiated content and services, and complementary third-party systems for non-life insurers in a hosted environment. Partners participating in the program will deploy and maintain Guidewire software, along with the other third-party products that round out their respective offerings.

About FDC

FDC is the leading supplier of IT solutions to the insurance and pension sectors in Scandinavia. FDC holds a unique position on the market due to more than 50 years of experience and the provision efficient products. For more information about the company and our clients, please visit our website at www.fdc.dk.

About Guidewire Software

Guidewire delivers the software that non-life insurers need to adapt and succeed in a time of rapid industry change. We combine three elements – core processing, data and analytics, and digital engagement – into a technology platform that enhances insurers’ ability to engage and empower their customers and employees. More than 200 non-life insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.

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