Accenture Acquires Blackcomb Consultants to Help Insurance Carriers Accelerate Digital Transformation in the Cloud
Accenture (NYSE: ACN) has acquired Blackcomb Consultants, a leading independent Guidewire partner in North America. Terms of the transaction were not disclosed.
The acquisition enhances Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become “cloud-first” businesses. Guidewire’s end-to-end technology platform combines digital, core analytics and artificial intelligence capabilities across the underwriting, billing, claims and customer relationship management functions, helping property and casualty (P&C) insurers reimagine their operations in the cloud.
Headquartered in Chicago, Illinois, Blackcomb Consultants is a specialist technology services provider to P&C insurance carriers, helping them improve operational agility and get their products and services to market more quickly. A Guidewire ‘Advantage’ partner, Blackcomb Consultants’ offerings include policy administration system implementations and upgrades, production support, cloud-hosted services, performance-improvement and organizational-change services. Blackcomb Consultants also has specialized capabilities in delivering Guidewire applications and services on Amazon Web Services and Microsoft Azure. Its 158 employees will join Accenture’s Industry & Function Platforms Group, where they will be focused on Guidewire project delivery.
“This acquisition strengthens our ability to help insurance carriers use technologies like artificial intelligence and analytics to improve productivity and provide hyper personalized offerings to their customers,” said John Koepke, Accenture’s Technology lead for Insurance in North America.
Jim Bramblet, who leads Accenture’s Insurance industry group in North America, added, “Blackcomb Consultants’ highly regarded Guidewire capabilities will allow us to deliver even greater agility and speed to market for our clients.”
Victor Voss, a co-founder of Blackcomb Consultants, said, “Amid market disruption and heightened consumer expectations, insurers are turning to platforms such as Guidewire to drive strategic digital and business transformation. Accenture and Blackcomb Consultants share a vision focused on delivering innovation to P&C carriers of all sizes, and by joining Accenture, we will be able to scale and expand our solutions for insurers worldwide, helping them create a sustained competitive advantage.”
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