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Guidewire@New York Life

Guidewire Supports Planning and Forecasting at New York Life

New York Life, a financials organization in the United States, uses InsuranceSuite from Guidewire to support planning and forecasting for FP&A.

Guidewire is how New York Life keeps financial planning visible to people who have to act on it.

“From the United States, financials teams still had to serve customers and internal partners who expected a straight answer.”
“Guidewire makes core insurance software for policy, billing, and claims used by property and casualty carriers.”
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Independent write-up. Figures come from public sources or are illustrative.

Value results

CategoryValue result
ProductivityFewer stalled items because financial planning has a clear owner
ProductivityHandoffs in planning and forecasting sit in a shared queue instead of a mailbox trail
Risk and complianceInsuranceSuite is the governed place FP&A use for planning and forecasting

Story

New York Life grew financial planning faster than the local tools around it. From the United States, financials teams still had to serve customers and internal partners who expected a straight answer. FP&A were the ones stitching the picture together by hand.

Rolling out InsuranceSuite put planning and forecasting on Guidewire. Guidewire makes core insurance software for policy, billing, and claims used by property and casualty carriers. New York Life keeps the product in the path where work already happens, so FP&A do not context-switch into a graveyard system used only for audits.

The visible result is steadier planning and forecasting. Financial planning is easier to inspect, and adjacent groups can join FP&A without a guided tour of someone's desktop.

Value Graph

New York Life uses Guidewire, Asana, Temenos, Anaplan, PayPal, Wiz, Fiserv. Shared with ABN AMRO, Adyen, Afterpay, Airwallex, Allstate. Industry: Financials. Value: Productivity, Risk and compliance. Drag nodes, filter types, or expand a node to follow more commonalities.

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