GuideOne Insurance Deploys Guidewire Solution for Underwriting Policy Administration and Standards-Based Templates

GuideOne Insurance (GuideOne), a leading national insurer of churches, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced that GuideOne has successfully deployed Guidewire PolicyCenter® as its new underwriting and policy administration solution. GuideOne also deployed Rating Management, Client Data Management, and is the first Guidewire customer to deploy Standard-based Templates. GuideOne had previously deployed Guidewire ClaimCenter® successfully in 2013. Guidewire PartnerConnect™ Consulting member, PwC US, led the implementation, in close collaboration with GuideOne and Guidewire.

Following the successful deployment of ClaimCenter in 2013, GuideOne selected PolicyCenter to modernize its policy administration system to support its aggressive growth plans for 2015 and beyond. The project is being implemented in phased approach. The pilot phase is currently being implemented for workers’ compensation in four states: Arizona, Florida, Georgia and Missouri, with 11 additional states to be deployed by the end of April. Following workers’ compensation, PolicyCenter will be implemented in Commercial Package Policy and umbrella, and concluding with commercial auto. GuideOne leveraged Standards-based Templates to accelerate their product deployment and gain control over their standards-based lines of business.

“Our initial PolicyCenter implementation has gone very smoothly and user feedback has been positive,” said Brian Murray, senior manager, Commercial Operations, GuideOne Insurance. “We are excited to be an early adopter of Standard-based Templates and appreciate Guidewire and PwC’s levels of engagement with us throughout the implementation process, giving us the speed-to-market, agility, and cost advantage necessary to enable our business strategy.”

”We are honored by GuideOne’s confidence in entrusting PwC with their Guidewire product implementations,” said Jim Quick, principal, PwC US. “We look forward to working with them as they progress along their transformation journey.”

PolicyCenter is enabling GuideOne to:

• Continue top-line and bottom-line growth;

• Increase speed-to-market through Standard-based Templates;

• Improve staffing level and utilization; and

• Bring new products and product enhancements to market more quickly.

“We congratulate GuideOne Insurance on their successful deployments of PolicyCenter and Standard-based Templates,” said Mike Polelle, chief delivery officer, Guidewire Software. “We are proud to work with them to help them achieve their customer service and business transformation goals.”

Guidewire PolicyCenter is a flexible underwriting and policy administration system that enables Property/Casualty insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers. Designed to support both commercial and personal lines, PolicyCenter helps insurers streamline front and back office processes, from new business submission and quoting through policy renewals. PolicyCenter is available as a standalone system or as part of Guidewire InsuranceSuite™, and can be integrated to an insurer’s legacy systems or third party applications.