In an effort to provide the best service and support to members and agents, Nationwide Mutual Insurance Company has decided to expand its partnership with Foster City, California-based Guidewire Software, Inc. (NYSE: GWRE). Under the expanded agreement, Nationwide will use Guidewire PolicyCenter® as its underwriting and policy administration system and Guidewire BillingCenter® for its property and casualty insurance lines.
The company is already in the process of deploying Guidewire ClaimCenter® for claims handling for all property & casualty lines of business.
Guidewire InsuranceSuite™ will enable both Nationwide Insurance and Allied Insurance, Nationwide’s independent agency channel, to:
Bring new products and product enhancements to market more quickly
Make it easier for independent and exclusive agents to acquire and service business more quickly and accurately
Enhance operational efficiency through proactive workload management and automation
Improve data analytics and real-time reporting capabilities
“Our commitment to our members and our agent partners is the number one reason we’re undergoing this transformation,” said Michael Keller, executive vice president and chief information officer, Nationwide Mutual Insurance Company. “InsuranceSuite will help us continue to enhance service and grow our business.”
“Guidewire is honored to have been selected by the Nationwide team to be its core system partner,” said Steve Sherry, vice president, The Americas, Guidewire Software. “We applaud the fact that Nationwide is intent on improving its already impressive levels of service to its members and agents and we are committed to ensuring Nationwide’s success in the years to come.”
Nationwide Mutual Insurance Company, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s. The company provides customers a full range of insurance and financial services, including auto insurance, motorcycle, boat, homeowners, pet, life insurance, farm, commercial insurance, annuities, mortgages, mutual funds, pensions, long-term savings plans and specialty health services. For more information, visit www.nationwide.com.
Nationwide, On Your Side and the Nationwide Framemark are service marks ofNationwide Mutual Insurance Company.