Accenture Acquires Blackcomb Consultants to Help Insurance Carriers Accelerate Digital Transformation in the Cloud
NEW YORK & CHICAGO--(BUSINESS WIRE)--Oct 4, 2022--
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.”
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
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