Increase speed-to-market with a preconfigured insurance suite and lines of business on AWS

PwC's CloudConnect offering can accelerate insurance core system deployment on AWS

The PwC CloudConnect offering provides a pre-configured Guidewire solution on AWS for customers to deploy. This offering provides an approach to set up preconfigured lines of business and full core processing for policy administration, billing, claims, documents, and reports managed by PwC on AWS. Featuring 40+ integrations with 3rd party vendors, self-service digital portals for agents, policyholders and claimants, secure-by-design AWS security, and automated AWS infrastructure setup, CloudConnect helps reduce delivery risk. From start to finish, PwC's CloudConnect offering can help your organization optimize and recognize the value from your transformation and help you provide a market ready solution in 6-8 months instead of 18-24 months.

PwC’s CloudConnect offering is run and managed by a team of skilled PwC professionals which alleviates all infrastructure maintenance and management ownership from the customer. The PwC team owns responsibility for all capacity planning, software maintenance, and patching involved in operating CloudConnect, which in turn allows the customer to focus on their core competencies.

PwC is an APN Premier Consulting Partner and has achieved AWS Financial Services, SAP, and Security competencies.
View APN Partner profile »

PwC
AWS Partner Network Competency

Benefits

Accelerate speed-to-market

Accelerate speed-to-market and the development and deployment of new products with assets like preconfigured lines of business and AWS Cloud formation templates.

Enhance scalability

Rapidly explore new markets and products with the ability to scale up or down based on demand and performance.

Digital assets

Readily available 40+ pre-built common vendor Integrations (Doc-Gen, GL, Prefill, MVR, etc.), preconfigured reports, robust customer experience journeys, next-gen microservices (Rating, Submission, Payment, etc.), and industry leading architecture blueprints.

Offering highlights

The PwC CloudConnect offering can help set up a fully integrated insurance platform, enabling insurance carriers to quickly measure ROI and scale cloud operations enterprise-wide with a range of core, data, digital, cloud, and analytic platform enhancements. CloudConnect allows carriers to:

  • Accelerate speed-to-market with full core processing for policy administration, underwriting, rating/quoting, billing/invoicing, commissions, contact management, and claims management
  • Upgrade on-premises Guidewire workloads by easily provisioning development and testing environments using automated deployment templates
  • Experience self-service digital portals for agents, policyholders, and claimants along with automated AWS infrastructure setup capabilities with predictive and prescriptive analytics enabled within AWS
  • Secured by enterprise level CIS security control options tailored to your needs

View solution brief »

PwC Solution Diagram Workflow

Case study: National insurance company

Challenges

A national insurance company wanted to race forward with the release of a new specialty line of business. The organization identified an underserved market and, with an appetite for innovation and experience, decided to work on accelerated timelines in the hopes of implementing a new company and multiple new insurance lines of business products within six months.

Solution

PwC’s CloudConnect offering enabled a ready-made and managed insurance ecosystem to deliver a completely new insurance suite and new lines of business for the insurance company. Given the client’s objective and timeline, leveraging the solution’s pre-configured capabilities and pre-built ISO compliance, the implementation team was able to support the aggressive timeline.

Results

A "templatized model" to deployment on AWS reduced implementation time by 70%. The new company began to issue its commercial auto product in four states on schedule (within 6 months), and reached 70% of its direct written premium goal within 4 months of go-live. The new company is en route to license its new product country-wide.

Built by AWS solutions architects and partners to help you deploy popular technologies on AWS, these accelerators reduce hundreds of manual procedures so you can build your production environment quickly.

AWS Solutions help you solve common problems and build faster. Every AWS solution comes with detailed architecture, a deployment guide, and instructions for both automated and manual deployment.

AWS Marketplace provides a sales channel for partners to sell their solutions to AWS customers. We make it easy for customers to find, buy, deploy and manage software solutions, including SaaS.

The AWS Competency Program validates and verifies AWS Partner Network (APN) Partners who have demonstrated technical proficiency and proven customer success in specialized areas.

The APN helps you identify and choose high-quality APN Partners with deep AWS expertise, uniquely positioned to help your company at any stage of your Cloud Adoption Journey.

Whether you are beginning to build your business or expanding your practice on AWS, the APN is a great place to start. Join at no cost and advance your APN Partner journey with AWS.

Learn more about Financial Services Partner Solutions