Guidewire®

PolicyCenter Features

Guidewire PolicyCenter is a J2EE (Java 2 Platform, Enterprise Edition) application. Written entirely in Java, it runs on the insurance industry's leading platforms. PolicyCenter's web-based architecture and extensive configurability ensure lower total cost of ownership for insurance carriers. All aspects of the system can be configured using XML instead of custom programming, and business rules can be managed by business users for maximum flexibility in adapting to changing needs.

PolicyCenter includes:

• Support for all policy transactions: new business, endorsements, renewals, and cancellations;
• Complete system-of-record with full out-of-sequence endorsement handling;
• Automated renewal processing;
• Intuitive and highly configurable web-based user interface and product model;
• Agent desktop with account view;
• Rule-based "funneling" of applications through eligibility, prequalification, and risk suitability criteria;
• Point-in-time and "difference" views of policy versions;
• Producer, account, and policy views;
• Advanced configurable workflow;
• Integration to document/imaging solutions;
• Flexibility to adapt product definitions, business rules, and user interface through upgrade-safe configuration; and
• Platform-level support for conversion and migration from legacy policy administration systems.

PolicyCenter's design specifically targets the most prevalent areas of dissatisfaction with existing legacy systems: arcane user interfaces, lack of workflow, opacity to external parties, and generally poor flexibility for management of data and business logic. PolicyCenter takes the paper files, manual processes, and guesswork out of the policy administration process.