Aioi Nissay Dowa NZ adopts new insurance technology platform

Implementation process took roughly 18 months

Aioi Nissay Dowa NZ adopts new insurance technology platform

Insurance News

By Gabriel Olano

Aioi Nissay Dowa Management New Zealand has completed the adoption of Guidewire’s InsuranceSuite on Guidewire Cloud as its technology platform.

The platform will be used in Aioi Nissay Dowa Management NZ’s domestic motor, commercial motor, and payment protection lines of business. The implementation project was led by Guidewire PartnerConnect Consulting partner Tenzing, which is part of the Tech Mahindra group.

“Guidewire is providing improved security, flexibility, and business process optimization, enabling us to adapt rapidly to changing customer and market needs and stay ahead of our competition by implementing new product innovations quickly. Their innovative solutions, like Advanced Product Designer, means that we can spin up new products quickly,” said Simone Labady, CEO of Aioi Nissay Dowa Management NZ. “Partnering with Guidewire and having access to InsuranceSuite signifies much more than just a decision to implement a core insurance system – it is an alignment of cultures and visions for the future. This was imperative when we were looking for a partner, and Guidewire is a tier-one solution provider who I know will stay ahead of the curve with respect to product development.”

Aioi Nissay Dowa Management NZ said it selected InsuranceSuite on Guidewire Cloud in November 2020 to power its core operations and as part of its thrust to deliver more value to agents, brokers, and policyholders.

“We are honoured to have led this highly successful project to implement InsuranceSuite on Guidewire Cloud at Aioi Nissay Dowa Management NZ,” said Chris Day, managing director of Tenzing. “The seamless way the wider Aioi, Tenzing, and Guidewire team came together allowed us to collectively focus on what mattered to the Aioi business.”

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