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Back Posted: 24/04/2024

The Challenge the Customer Faced

The insurer aimed to build its internal capabilities and intellectual property solutions as part of its investment strategy, which extended across more than 10 countries. To achieve this, it engaged Alchemy to devise and implement a business strategy centred around Guidewire. Due to Alchemy's knowledge of Guidewire and the insurance industry, the insurer was able to successfully formulate a comprehensive and effective strategy.

Why The Company Chose Alchemy

The insurer's decision to partner with Alchemy was influenced by multiple factors. Having worked with Alchemy’s senior leadership team on previous projects, the insurer was familiar with their extensive experience and expertise in the insurance sector. Moreover, the shared principles and culture between Alchemy and the insurer paved the way for an effective partnership.  The Global Head of Technology at the company praised the collaboration, highlighting the shared values and the seamless integration of Alchemy into their Guidewire strategy, anticipating continued success from this partnership.

How Alchemy Responded

In response to the insurer's needs, Alchemy offered consistent support throughout the development of the Global Guidewire strategy. Alchemy's contribution, which included setting up a dedicated internal team from its skilled resources, significantly sped up the insurer's progress. The synergy in values and behaviours between Alchemy and the insurer was key to achieving success. 

John Harkin, CEO of Alchemy, celebrated the partnership, emphasising the shared culture and values between the two entities. John praised the Alchemy team's reputation for adaptability, collaboration, and transparency in the client engagements.

The Results

The collaboration led to significant outcomes, with both parties committing to a 3-year plan involving the recruitment of additional staff. Leveraging Alchemy's proven success record, the insurer aims to strengthen its internal Guidewire capabilities team, positioning it as a cornerstone of their global Guidewire strategy.

Contact Alchemy Today

Don’t miss out on the opportunity to leverage the knowledge and experience of the Alchemy team to strengthen your product and drive growth.  Reach out to us at info@alchemytechs.com to discuss how we can get involved in your projects and take them to the next level.  Let’s collaborate towards a bright and successful future!

Contact Alchemy Today

Don't miss out on the opportunity to leverage the knowledge and experience of the Alchemy team to strengthen your product and drive growth. Reach out to us at info@alchemytechs.com to discuss how we can get involved in your projects and take them to the next level. Let's collaborate towards a bright and successful future!