Guidewire®

PolicyCenter Benefits

PolicyCenter was built from the ground up to help your business improve overall accuracy and efficiency, increase premiums at lower loss cost and lower expense, eliminate barriers to booking new business and retain the flexibility to adapt to future requirements.

PolicyCenter enables all P&C insurers to increase operating margins dramatically by attacking the key sources of underwriting error, productivity loss, and agent/policyholder frustration. PolicyCenter delivers:

• Agent ease of doing business - PolicyCenter streamlines agent interactions including application submission, endorsement request and renewal handling.
• Efficiency - PolicyCenter provides underwriting staff a central web environment that supports straight through processing to conduct all key activities. PolicyCenter through integration with document management and imaging solutions creates a truly paperless process.
• Accuracy - PolicyCenter allows carriers to enforce best practices through underwriter business rules which automatically determine if an application, endorsement or renewal is acceptable or requires attention by an underwriter.
• Core system flexibility - PolicyCenter is designed to meet a carriers initial system implementation requirement and retain the flexibility to adapt to requirements not yet anticipated.

"Given Guidewire's strong traction after just a few years in the claims software market, there is strong interest in their new offering for the PAS market. PolicyCenter is one of a handful of built-from-scratch, modern policy administration systems available to carriers to replace legacy systems or to add additional products or lines of business that their old systems don't support. With a modern system, both personal and commercial lines available, and a large (and happy) claims client base to draw upon, the buzz is not surprising."
- Chad Hersh, senior insurance analyst, Celent, a research and consulting firm.