Franklin Mutual Insurance Group and Guidewire announced that Franklin Mutual Insurance has selected Guidewire Cloud to power its core operations and simplify its IT operations, adapt more quickly to changing market demands, and deliver more value to its policyholders. Franklin Mutual Insurance first deployed self-managed Guidewire product installations in 2020 for underwriting, policy administration, claims, billing, rating, and reinsurance management, enterprise-wide data management and analytics, and to offer a seamless omnichannel digital experience to its agents, customer service representatives, policyholders, and vendors. Franklin Mutual is planning to simultaneously migrate all the self-managed Guidewire products onto Guidewire Cloud for all lines of business.

The company has chosen to move to Guidewire Cloud now to benefit from the cost savings and product improvements resulting from the upgrade, and then to be able to keep the platform up-to-date.