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Guidewire@Monzo

Monzo Uses PolicyCenter for Policy and Claims

Monzo, a financials organization in the United Kingdom, uses PolicyCenter from Guidewire to support insurance operations for underwriters and claims handlers.

A PolicyCenter rollout at Monzo took insurance operations out of inboxes and into a named queue.

“Financials work at Monzo spans more than one site, even when headquarters sits in the United Kingdom.”
“Underwriters and claims handlers asked for a shared way to run insurance operations without freezing local judgment.”
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Independent write-up. Figures come from public sources or are illustrative.

Value results

CategoryValue result
ProductivityFewer stalled items because policy and claims has a clear owner
ProductivityHandoffs in insurance operations sit in a shared queue instead of a mailbox trail
CapabilityNew joiners can see how insurance operations actually runs

Story

Financials work at Monzo spans more than one site, even when headquarters sits in the United Kingdom. Policy and claims was splitting across regional habits. Underwriters and claims handlers asked for a shared way to run insurance operations without freezing local judgment.

Guidewire (PolicyCenter) is what they standardized on. Guidewire makes core insurance software for policy, billing, and claims used by property and casualty carriers. Monzo uses it as the system of record for policy and claims, with underwriters and claims handlers as the primary operators and other groups coming in through the same queue.

Leaders get a picture they can actually walk. Teams get fewer mystery statuses. The story is about operating change, not an unpublished percentage.

Value Graph

Monzo uses Guidewire, SS&C, BMC, Workday, Anaplan, Zendesk, OpenText, PayPal, Snowflake. Shared with ABN AMRO, Adyen, Afterpay, Airwallex, Allstate. Industry: Financials. Value: Productivity, Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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