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Aviva UK Selects Guidewire for Rating, Underwriting, Policy Administration and Claims Management for Its UK General Insurance Business
Guidewire PolicyCenter® and Guidewire ClaimCenter®
to help the largest general insurer in the
Aviva sought to replace its existing claims and policy systems with one
cohesive platform that would help streamline its underwriting, policy
administration, and claims management operations for its
“Finding the right partner to help us consolidate our existing
underwriting, policy administration, and claims systems played a
significant role in the selection process,” said
“We are excited about the possibilities PolicyCenter and ClaimCenter will bring and believe this new technology platform will help us as we continue to grow our business,” continued Simpkin.
PolicyCenter and ClaimCenter will help Aviva to:
- Leverage underwriting and claims handling best practices across its organisation to help reduce loss ratios and prevent underwriting and claims leakage;
- Increase its business agility for long-term growth and changes as well as for reduced time to market for new products;
- Create operational efficiencies through the consolidation of disparate systems; and
- Enhance user experience and self-sufficiency (for both agents and customers) with the depth and breadth of the systems’ functionality and easy-to-use features.
“We are pleased to welcome Aviva to the Guidewire family,” said
Guidewire PolicyCenter is a flexible underwriting and policy administration system that enables general (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.
Guidewire ClaimCenter is a leading end-to-end claims management system, built from the ground up to meet the specific needs of today’s general (Property/Casualty) insurers. ClaimCenter’s flexible business rules enable insurers to refine claim handling practices in order to optimise and monitor claim processes. ClaimCenter is used by insurers of all sizes across all product lines to improve speed and accuracy, reduce loss adjustment expense, and enable proactive claims management. ClaimCenter is available as a standalone system or as part of the Guidewire InsuranceSuite™, and can be integrated into an insurer’s legacy systems or third party applications.
About
NOTE: Guidewire,
Source:
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Public
Relations Manager
dstott@guidewire.com