Guidewire Software Announces InsurPay, A Division of Invenger Technologies Inc., as New Solution Alliance Partner

InsurPay, a division of Invenger Technologies Inc., and a provider of a comprehensive payments platform that helps insurance companies replace checks for outbound payments, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, today announced that InsurPay has joined Guidewire PartnerConnect™ as a Solution Partner. The companies also announced that InsurPay’s accelerator has successfully completed the Ready for Guidewire accelerator validation process and is eligible to use the Ready for Guidewire validation mark. This designates that the offering has been through a rigorous review process that supports readiness for integration with Guidewire InsuranceSuite™ products.

InsurPay is providing a Ready for Guidewire accelerator to make it easier for any insurance company using Guidewire ClaimCenter® to integrate with its fully functioning payments solution that replaces checks for outbound payments. Replacing checks with electronic payments helps carriers increase customer satisfaction, improve operational efficiency, and settle claims faster.

“We are pleased to bring our offering to Guidewire ClaimCenter customers, enabling them to replace checks with multiple electronic payment options,” said Krishna Pai, CEO, InsurPay, a division of Invenger Technologies Inc. “We are focused on serving the insurance industry, and this singular focus allows us to best help insurers elevate customer experience, improve internal workflow efficiencies, and save costs.”

InsurPay’s ‘Ready for Guidewire’ accelerator supports insurers by enabling the following benefits:

• Gives insurers the ability to pay anyone—insureds, claimants, vendors, and lienholders—with one solution for either a single payee or multiple payees;

• Provides a choice of payment methods letting insurers’ customers decide how to receive payments, which in turn improves the adoption rate for electronic payments; and

• Adjusters can use the InsurPay solution on any device anywhere.

“We are pleased to welcome InsurPay to the Guidewire PartnerConnect program as a Solution partner. This alliance will make it simpler and faster for our mutual customers to integrate ClaimCenter with InsurPay’s comprehensive payments platform,” said Neil Betteridge, vice president, Strategy, Guidewire Software. “We respect InsurPay’s dedication to delivering the payment software that P&C insurers need in a changing industry and their commitment to helping them reduce operational costs and enhance customer experience.”