New London County Mutual Insurance Company (NLC), a New England Property and Casualty (P&C) insurer, and Guidewire Software, Inc. (NYSE: GWRE ), provider of the industry platform P&C insurers rely upon, today announced that NLC has successfully deployed Guidewire InsurancePlatform™ as its new software applications for underwriting, policy administration, claims, billing, and rating management. The company deployed Guidewire InsuranceSuite™ and Guidewire Rating Management™ to help modernize its core operations to better address the evolving needs of its agents and customers and increase business agility.
“We are a small company, yet leveraging best-in-class technology, so from an IT perspective, that is very exciting,” said James Parylak, vice president and chief information officer, NLC. “We have received positive feedback from users and are looking forward to expanding upon what has been delivered.”
“We congratulate NLC on its successful InsuranceSuite deployment,” said Mike Polelle, chief delivery officer, Guidewire Software. “We applaud the company’s over 190 years of providing quality and superior service to its agents and policyholders, and look forward to seeing it succeed in a rapidly-changing insurance industry.”
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.