L’olivier Assurances Selects Guidewire Products for Underwriting, Policy Administration, Claims Management, and Billing

Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced that L'olivier Assurances, the French subsidiary of Admiral Group and an auto insurance provider, has selected Guidewire InsuranceSuite™ as its new platform for underwriting, policy administration, claims management, billing, rating, and client data management.

L’olivier Assurances has selected InsuranceSuite as the technology platform on which to grow its business. The company sought a stable foundation that would help it deliver superior customer service by enabling them to apply their market expertise for their customers. L’olivier Assurances will be deploying Guidewire PolicyCenter®, BillingCenter, and ClaimCenter concurrently. L’olivier Assurances will be leading the implementation and Guidewire PartnerConnect™ alliance member, Capgemini, and Guidewire will be supporting the project.

“One of the key reasons we selected Guidewire InsuranceSuite was because we were impressed with the rich features and completeness of the individual systems that make up the suite. The strength of each system coupled with the benefits of having our core systems on one cohesive platform, including productivity and efficiency gains, was confirmation that InsuranceSuite was the ideal choice to help us meet our needs” said Toussaint Mathieu, IT director, L’olivier Assurances.

“We are looking forward to leveraging Guidewire’s built-in best practices in business processes to help us streamline and standardize our core system operations” added Mathieu.

InsuranceSuite will enable L’olivier Assurances to:

• Deliver better customer service due to the ability to handle requests and closing claims files more quickly;

• Increase flexibility for new billing and payment plans;

• Enhance operational efficiency by standardizing policy administration, billing management and claims handling processes on a common platform; and

• Gain real-time visibility into core operations and information to make better business decisions.

“We are honored that L’olivier Assurances has selected Guidewire InsuranceSuite to help them meet their core system transformation goals,” said Keith Stonell, managing director EMEA, Guidewire Software. “We are looking forward to working with L’olivier Assurances and helping them achieve their business objectives and deliver unique customer service.”

Guidewire InsuranceSuite powers the mission-critical operations of property/casualty insurers competing in today’s market. The suite was designed using a modular approach, enabling insurers to select individual applications — Guidewire PolicyCenter®, Guidewire BillingCenter® and Guidewire ClaimCenter®— or a pre-integrated set, driven by their requirements and priorities. InsuranceSuite provides the flexibility insurers need to deliver insurance the way they want to, by rapidly delivering better products and service to their policyholders and agents, while improving underwriting discipline and lowering operational costs.

About L’olivier Assurances

Launched in 2011, L’olivier is the Admiral Insurance Group's first car insurance company in France. The company aims to offer drivers in France insurance tailored to their needs including attractive prices and high levels of customer service. Admiral Insurance Group, L’olivier’s parent company is a European specialist car insurance that operates in 5 countries (UK, Spain, Italy, USA, and France) through five subsidiaries. For more information, please visit https://www.lolivier.fr/.