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Endurance Deploys Guidewire Solution for Underwriting and Policy Management
Guidewire PolicyCenter® implemented in nine months – on time and under budget, contributing to lowering global specialty Property/Casualty insurer’s total cost of ownership
Following a successful ClaimCenter deployment, Endurance selected
PolicyCenter to replace its previous policy administration systems,
which consisted of multiple, discrete systems requiring significant
testing and maintenance to ensure peak performance. Endurance
successfully deployed PolicyCenter for its retail and wholesale excess
casualty insurance lines of business, with approximately 40 concurrent
users. This number is expected to grow to 100 users with future
deployments. As part of the next phase of the implementation project,
Endurance will focus on implementing PolicyCenter for its professional
liability insurance line of business in
“Our PolicyCenter implementation has gone smoothly and user feedback has
been very positive. In fact, the feedback on the first day of deployment
was the best I have received since I began my insurance career,” said
PolicyCenter is enabling Endurance to:
- Enhance customer service levels and satisfaction by providing a fully automated solution rich in functionality;
- Increase business agility by bringing new products and product enhancements to market more quickly by minimizing custom development and multiple phase approaches;
- Improve operational efficiencies and lower the cost per transaction by significantly reducing manual intervention; and
- Enhance data and analytical capabilities by standardizing on a modern, well-built software technology platform that provides a vast and granular data set.
“I commend the Guidewire technical and account teams, who provided immensely valuable advice and support throughout the implementation process, thereby establishing a strong partnership overall,” continued Goxhaj. “This implementation is a significant step in our journey to simplify our underwriting systems and processes onto a common set of platforms, giving us the speed-to-market, agility, and cost advantage necessary to enable our business strategy.”
“We congratulate Endurance on their quick and successful PolicyCenter
deployment,” said
About
About
Guidewire delivers the software that Property/Casualty (P/C) insurers need to adapt and succeed in a time of rapid industry change. We combine three elements – core processing, data and analytics, and digital engagement – into a technology platform that enhances insurers’ ability to engage and empower their customers and employees. More than 200 P/C insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.
NOTE: Guidewire,
View source version on businesswire.com: http://www.businesswire.com/news/home/20151211005117/en/
Source:
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Director,
Communications
dstott@guidewire.com