Oklahoma Farm Bureau Insurance Leverages Guidewire InsuranceNow via Guidewire Cloud

Oklahoma Farm Bureau Insurance to use InsuranceNow in the cloud for core operations to increase business agility and enhance user experience

OKLAHOMA CITY & FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 2, 2019-- Oklahoma Farm Bureau Insurance, the state’s largest domestic insurance provider, and Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced that OKFB Insurance will leverage Guidewire InsuranceNow™, a core component of Guidewire InsurancePlatform™, delivered as a Software-as-a-Service (SaaS) solution via Guidewire Cloud™. This move will enable OKFB Insurance to adapt quickly to changing market demands and enhance customer service.

OKFB Insurance has been managing InsuranceNow on premises since 2007 to transform how it does business and enhance its commitment to serving its policyholders, agents and support staff. The company is currently moving InsuranceNow from on premises to Guidewire Cloud across all lines of business in the state of Oklahoma.

Guidewire Cloud is powered by AWS’s highly resilient cloud infrastructure, with SLAs backed by experienced Guidewire teams and SaaS-certified partners spanning application management, system administration, security and compliance, upgrades, QA testing, health checks and other services. With Guidewire Cloud, insurers can focus on business agility while transferring undifferentiating IT responsibilities to Guidewire.

“We have developed a deep partnership with Guidewire through our decade-long use of InsuranceNow, providing us with the opportunity to upgrade our IT capabilities in the cloud so that the company can stay ahead of our competitors and market trends,” said Stephanie Helling, vice president, Information Services, OKFB Insurance. “We are confident that moving to Guidewire Cloud will help increase our IT staff efficiency by freeing them from having to constantly maintain our systems and instead empowering them to be able to focus on driving mission-critical business objectives to further accelerate our growth and continue our commitment of providing the very best insurance products and service we can offer to our policyholders and agents.”

“We applaud OKFB Insurance’s recognition of the advantages in running its business in Guidewire Cloud,” said Steve Sherry, chief sales officer, Guidewire Software. “We are humbled by the company’s vote of confidence in our cloud services capabilities and applaud its mission of providing quality insurance to all Oklahomans.”

About Oklahoma Farm Bureau Insurance

Since 1946, our mission has been to provide quality insurance offerings to all Oklahomans from Home, to Auto, to Life, to Commercial, to Farm & Ranch Insurance and beyond. We stake our reputation on excellent service to policyholders statewide. Oklahoma is our home and our policyholders are more than just clients - they’re our neighbors, community members and peers. With offices in all 77 Oklahoma counties, an OKFB agent is always nearby and ready to provide customizable and dependable insurance that meets your needs. Now, that’s Huge. For more information, please visit https://okfbinsurance.com/.

About Guidewire Software

Guidewire delivers the industry platform that Property and Casualty (P&C) insurers rely upon to adapt and succeed in a time of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and grow their business. We are privileged to serve more than 350 companies in 32 countries. For more information, please visit www.guidewire.com and follow us on twitter: @Guidewire_PandC.

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/20190402005329/en/

Source: Guidewire Software, Inc.

Diana Stott
Director, Communications
Guidewire Software, Inc.
+1.650.356.4941
dstott@guidewire.com

Becky Samples
Vice President of Insurance Marketing and Communications
Oklahoma Farm Bureau Insurance
becky.samples@okfb.com