PEKIN INSURANCE partner in this geographic expansion . We ' ve partnered with ValueMomentum to stand up a persistent team , primarily made up of offshore resources to support the expansion in a very cost-effective and flexible way .”
With this persistent team model , Pekin Insurance is funding the team and not a specific scope of work or timeline . This will allow Pekin Insurance to scale at its own pace alongside the rollout . It ' s essentially a flexible model that is enabling the company to quickly respond to any risks it encounters as it grows – which means the speed of expansion can fluctuate according to the climate .
“ We ' re starting on this journey now with plans to complete the migration in Q1 of 2023 . And with this migration to a full Guidewire SaaS solution , we ' re going to realise several opportunities ”
AMY BINGHAM VICE PRESIDENT AND CHIEF INFORMATION OFFICER ( CIO ), PEKIN INSURANCE
“ If we decide to accelerate our expansion , we ' re going to have the ability to easily ramp up this team to increase the pace . This geographic expansion is truly a catalyst in meeting our company ' s strategic growth goals . And I couldn ' t be more excited to be a part of this exciting journey here at Pekin Insurance ,” Bingham says .
Successful technology partnerships A large part of Pekin Insurance ’ s transitional success has been due to the strategic partnerships the company has formed . Bingham is swift to point out the benefits that have been reaped by collaborating with technology providers deemed the perfect fit for Pekin Insurance ’ s growth strategy , saying : “ ValueMomentum really has been our key integration partner as we ' ve gone on this journey with Guidewire .
“ We ’ re heavily leveraging ValueMomentum while continuing to mature our digital transformation journey and our integrations with
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