Accenture has announced the acquisition of Chicago-based Blackcomb Consultants, an independent Guidewire partner in North America. The terms of the transaction were not disclosed.
The acquisition will bolster Accenture’s ability to deliver Guidewire technology to insurers globally in order to help them become “cloud-first” businesses. Guidewire’s platform combines digital, core analytics, and artificial intelligence capabilities across the billing, claims and customer relationship management functions.
Blackcomb Consultants is a specialist technology services provider for P&C carriers. A Guidewire “Advantage” partner, Blackcomb Consultants’ offerings include policy administration system implementations and upgrades, product support, cloud-hosted services, performance improvement and organizational change services. The company also has specialized capabilities in delivering Guidewire applications and services on Amazon Web Services and Microsoft Azure.
Blackcomb’s 150 employees will join Accenture’s Industry & Function Platforms Group, where they will focus on Guidewire project delivery.
“This acquisition strengthens our ability to help insurance carriers use technologies like artificial intelligence and analytics to improve productivity and provide hyper-personalized offerings to their customers,” said John Koepke, technology lead for North America at Accenture.
“Blackcomb Consultants’ highly regarded Guidewire capabilities will allow us to deliver even greater agility and speed to market for our clients,” said Jim Bramblet, who leads Accenture’s insurance industry group in North America.
“Amid market disruption and heightened consumer expectations, insurers are turning to platforms such as Guidewire to drive strategic digital and business transformation,” said Victor Voss, co-founder of Blackcomb Consultants. “Accenture and Blackcomb Consultants share a vision focused on delivering innovation to P&C carriers of all sizes, and by joining Accenture, we will be able to scale and expand our solutions for insurers worldwide, helping them create a sustained competitive advantage.”