Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property/Casualty (P/C) insurers, announced today that American Modern Insurance Group, a leading provider of residential and recreational specialty insurance, has successfully deployed Guidewire PolicyCenter® and Guidewire BillingCenter®.
“We applaud American Modern on their success with Guidewire products and look forward to other successful milestones in their journey to adapt and succeed in today’s rapidly-changing insurance marketplace,” said Mike Polelle, chief delivery officer, Guidewire Software.
American Modern also launched Guidewire DataHub™ and InfoCenter as its new data management and business intelligence solutions. Together, PolicyCenter, BillingCenter, DataHub, and InfoCenter provide agent partners with a more advanced product suite and user-friendly experience. As part of the first deployment, American Modern has rolled out eleven different personal lines products for three states, with additional rollouts scheduled across all 50 states over the next few years.
“Implementing the Guidewire platform represents a significant milestone in our company’s long-term business transformation initiative,” said Stephen Russell, chief actuary for American Modern. “This new streamlined system will enable future growth for American Modern for years to come.”
Guidewire Core and Data products:
Enhance operational efficiency, employee productivity, and collaboration throughout the organization to transform its business by standardizing on a modern software technology platform;
Simplify the underwriting process by automating manual processes; and
Increase responsiveness to changing business and technical requirements by bringing new products and product enhancements to market more quickly.
Guidewire PartnerConnect™ Consulting member, Ernst & Young LLP worked with American Modern to lead the implementation. “We are honored to help American Modern deploy these Guidewire software solutions. We look forward to watching them expand their business capabilities, ultimately empowering future growth,” said Brajesh Kumar, Principal, Ernst & Young LLP.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and machine learning to deliver our platform as a cloud service. More than 540 insurers in 40 countries, 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 1,600+ 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.
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