Radian

Product: InsuranceSuite, PolicyCenter, BillingCenter, ClaimCenter
Line of Business: Commercial
Region: Americas

Radian Group Inc., headquartered in Philadelphia, provides private mortgage insurance and related risk mitigation products and services to mortgage lenders nationwide through its principal operating subsidiary, Radian Guaranty Inc. These services help promote and preserve homeownership opportunities for homebuyers, while protecting lenders from default-related losses on residential first mortgages and facilitating the sale of low-down payment mortgages in the secondary market.

Radian has selected Guidewire InsuranceSuite™ as its new platform for underwriting, rating and policy administration, claims management, and billing. The company also selected Guidewire Client Data Management™ to help give it a comprehensive customer view across underwriting, policy administration, claims, and billing processes. Radian selected Guidewire’s InsuranceSuite in order to expedite underwriting turn times, reduce complexities caused by multiple platforms, and enhance its business and technology capabilities.

In addition to the business and IT benefits we know Guidewire InsuranceSuite will bring to us, we selected InsuranceSuite because the governing principles of how Guidewire has architected its software have remained intact since 2002. We were impressed with the way that Guidewire’s software was developed which allows it to be easily customized and integrated with external partners, suppliers and other market solutions for a streamlined insurance experience.
Lawrence DelGatto, Executive Vice President and Chief Information Officer, Radian

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