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GEICO Deploys Guidewire

GEICO Deploys Guidewire

GEICO’s national team of claims counselors now using Guidewire ClaimCenter® to maximize customer service
SAN MATEO Calif., June 10, 2008

Guidewire Software®, a leading global solution provider to property and casualty (P&C) insurers, today announced that GEICO, the fourth-largest private passenger auto insurer in the United States, has deployed Guidewire ClaimCenter, a market-leading, modern claims system. GEICO’s national team of claims counselors across the country are now using Guidewire’s intuitive, Web-based claims solution to help provide a smoother and shorter loss reporting process for GEICO’s policyholders. The software is also designed to integrate service/repair scheduling into the loss reporting process, and increase claim handling efficiency.

In seeking out customer service applications, GEICO, a leader in a number of national customer satisfaction surveys, selected Guidewire® for greater functionality and flexibility. In addition to loss reporting, assignment and scheduling functionality, Guidewire will assist GEICO and extend its ClaimCenter capabilities by:

  • adding loss reporting enhancements,

  • integrating Emergency Roadside Assistance capabilities,

  • improving the speed, execution, and accuracy of claims payment,

  • increasing timely collection, quality, and consistency of claim data, and

  • further streamlining its claims handling process.

“We found Guidewire to be a high quality solution provider that cares about its customers,” said Jess Reed, GEICO group vice president and chief information officer. “Guidewire is aligned with our business needs and they worked with us side-by-side to ensure our success.”

“ClaimCenter is the modern technology foundation we need to retool and expand our claims processes and customer services,” adds Debra Magidson, director, Claims IT, GEICO. “With Guidewire, we have been able to shorten our loss reporting process, reduce service agent training times, and provide integrated repair scheduling as a service convenience for our customers.”

Guidewire ClaimCenter is a leading end-to-end claims system for property/casualty insurance companies. ClaimCenter’s flexible business rules enable claims organizations to optimize and monitor the claims process. Claims executives can define, enforce, and continually refine their preferred claim handling practices. In addition, a modern technology architecture, providing 100% Web client, and Web services interface enables lower total cost of ownership in any environment.

"We are very excited about the success that GEICO has had to date with the implementation of ClaimCenter,” commented John Raguin, chief executive officer, Guidewire Software. "GEICO has a tremendous focus on delivering top quality customer service and we’re proud of the part that Guidewire is playing in this regard."

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. ​We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC.

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