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New Mexico Mutual adopts Guidewire Cloud for operations

EditorRachael Rajan
Published 02/13/2024, 09:09 AM
© Reuters.
GWRE
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ALBUQUERQUE, N.M. & SAN MATEO, Calif. - New Mexico Mutual Group, a prominent workers' compensation insurer in New Mexico, has transitioned to Guidewire (NYSE:GWRE) Cloud for its core operations, including data management and business intelligence. This move is aimed at streamlining IT functions and keeping pace with technological advancements.

The migration was facilitated by Ernst & Young LLP (EY), a Guidewire PartnerConnect Consulting Global Premier member.

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."

According to Gina Hickman, Vice President and CFO of New Mexico Mutual, the shift to Guidewire Cloud allows the company to focus on delivering value to agents and customers in response to evolving market needs.

New Mexico Mutual, since its inception in 1991, has grown to insure over 30% of the insured voluntary market in New Mexico. It partners with over 600 agents statewide, focusing on small to medium-sized businesses.

Guidewire Software combines digital, core, analytics, and machine learning to deliver its platform as a cloud service. It boasts a strong implementation track record, with over 1,600 successful projects and a significant R&D team and partner ecosystem.

The information for this report is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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