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ITA Pro Weekly, August 09, 2019

Nationwide, NIP Group, Guidewire, and other news from the ITA

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Hot Off The Presses!

PEOPLE Magazine Names Nationwide to 2019 Top 50 Companies that Care list

PEOPLE magazine has named Nationwide to its 2019 Top 50 Companies that Care list. The magazine published the annual list with Nationwide ranking 34th. Companies like SalesForce.com, Workday and Intuit also made the list.

“Our caring culture is a differentiator in the marketplace,” said Nationwide Chief Executive Officer Steve Rasmussen. “We don’t just say we care, we show it. We value our people, our partners and our members above all else.”

PEOPLE noted that Nationwide “offers maternity concierge services for new parents, including nurses who give much-needed guidance.” It also highlighted that associates “are rewarded for giving back, with paid days off for volunteering 25 hours or more.”
CEO-Elect Kirt Walker added, “It is in our DNA to put people first in all we do by creating a culture that emphasizes diversity & inclusion, personal development, work-life balance and giving back to the community.”

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Guidewire Appoints Mike Rosenbaum as CEO; Marcus Ryu Transitions to Chairman Role

Guidewire Software, Inc. announced the appointment of Mike Rosenbaum, former EVP Product at Salesforce, as Chief Executive Officer and to the Board of Directors. Marcus Ryu has transitioned to become Chairman of Guidewire’s Board of Directors. Former Chairman, Peter Gassner, will continue to serve as an independent director.

Since joining Salesforce more than a decade ago, Mr. Rosenbaum has held several leadership positions and driven many of Salesforce’s most notable product achievements. Most recently, he served as EVP Product, with responsibility for customer success, vision, and product development for the world’s #1 CRM platform. He was appointed by Guidewire’s Board of Directors after an extensive selection process.  Mr. Rosenbaum’s priorities will include building upon Guidewire’s position as the leading software provider to the global P&C industry, ensuring the success of the Guidewire customer community, and further advancing Guidewire’s cloud offerings.

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NIP Group Brings Policy System In-House with Selection of Instec Platform

Instec, the market leader in insurance software for commercial program and specialty writers, announced today that NIP Group has selected the Instec Policy system, for its Specialty Programs business.

NIP Group’s carrier partner supported the company’s move to own their system. Instec reports that it has seen several carriers take this stance. It provides the carrier relief from the burden of supporting a system for the MGA, while benefiting the MGA through unrestricted access to their data. In NIP Group’s case, since their carrier partner maintains an Instec system for its own use, compliance is simpler because both companies run on the same software.

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