Sompo expands Guidewire deal as cloud migration begins

This targets unified underwriting claims and billing workflows across country entities.

Sompo Group and Guidewire have partnered to expand the insurer’s use of Guidewire Cloud Platform across its global operations.

Sompo will migrate existing Guidewire applications from on-premises systems to the cloud and deploy additional tools on the platform to support underwriting, policy administration, claims, and billing. 

The move is intended to standardise systems across Sompo’s local and country entities and improve decision-making across its property and casualty (P&C) businesses.

The initial phase will focus on Sompo’s global commercial lines, including the migration of Guidewire ClaimCenter and PolicyCenter to the cloud.

In Japan, Sompo Direct Insurance will adopt PolicyCenter, BillingCenter, Jutro Digital Platform, and Data Studio as its core systems for automobile, homeowners, and earthquake insurance. 

Sompo Direct had already implemented ClaimCenter on Guidewire Cloud Platform in 2024.

Sompo and Guidewire have worked together for more than 12 years, with several Sompo entities already using Guidewire systems. 

Under the new agreement, Sompo will also adopt Guidewire’s artificial intelligence-enabled applications on its core platform to support automation and analytics across the insurance lifecycle.