Affordable, ready-to-go cloud system offers Midwest insurers superior architecture and all-in-one application for core operations
BEDFORD PARK, Ill. & SAN MATEO, Calif.--(BUSINESS WIRE)--Feb. 18, 2020--
First Chicago Insurance Company (FCIC), a Property and Casualty (P&C) company, United Security Health and Casualty Company (USH&C), a health and casualty company, and Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform P&C insurers rely upon, today announced that FCIC and USH&C have selected Guidewire InsuranceNow to increase business agility and enhance operational efficiencies. The companies plan to begin implementing InsuranceNow’s All-in-One functionality for their non-standard auto line of business, followed by their preferred auto, general liability, taxi, and commercial auto lines of business.
“We selected InsuranceNow because we needed a comprehensive, highly configurable, user-friendly, and affordable system that could not only handle expansion, but also increase efficiency and productivity for our core business functions and workflows. InsuranceNow met or exceeded all of the performance and implementation timeline criteria we were looking for,” said James Hallberg, Chief Executive Officer, Warrior Invictus Holding Company, parent company of FCIC and USH&C. “Increasing our technological agility will allow FCIC and USH&C to enter new states and introduce new rates and products to the market with greater efficiency. This strategic investment allows us to pursue an ambitious business model without having to dramatically increase our workforce.”
Hallberg added, “The cloud and All-in-One aspects of InsuranceNow were critical to our decision-making. Its superior cloud architecture has a holistic, uniform approach of methods across modules, offering a faster, more seamless transition and straightforward maintenance moving forward. This will enable us to reorganize our workflow structure to free up resources and streamline productivity. The integration of an All-in-One solution is invaluable, as it provides a single application to handle all of our core operations, while offering data integrity and a strategy to deliver on modern APIs.”
Steve Sherry, Chief Sales Officer, Guidewire Software, remarked, “We are pleased to welcome First Chicago Insurance Company and United Security Health and Casualty Company to the Guidewire customer community. We admire the companies’ commitment to consistently exceeding customer expectations through exceptional service, innovative marketing, competitive products and new programs, and leading-edge automation, and look forward to beginning our work together.”
About First Chicago Insurance Company
First Chicago Insurance Company (FCIC), whose roots trace back to 1920, is celebrating their 100th anniversary. Over the timespan, FCIC has evolved into a multi-line carrier, now offering General Liability, Workers’ Compensation, and writing various classes of Commercial Auto, in response to the needs of the commercial segment. In personal lines, FCIC has responded to the changing exposures and needs of their independent producers by adding niche insurance products such as Contents PLUS Renters, Transportation Network Coverage, as well as Short Term Health insurance to enhance their personal lines offerings. FCIC currently offers insurance via independent agencies and the Internet throughout Illinois, Indiana, Iowa, Kansas, Louisiana, Missouri, Pennsylvania, and Wisconsin. Headquartered in Bedford Park, FCIC is located at 6640 S. Cicero, Ave., Bedford Park, IL 60638. 1-888-262-8864 http://www.FirstChicagoInsurance.com
About United Security Health and Casualty Company (USH&C)
USH&C is a regional insurer that has been in business since 1973, licensed to sell products in Arizona, Arkansas, Illinois, Indiana, Missouri, Nebraska, Oklahoma, and Texas. USH&C specializes in providing individuals and families a variety of products and plan choices to meet their individual needs. USH&C’s primary focus has been, and continues to be, providing quality products and excellent service to our policyholders. USH&C’s product portfolio includes: Short Term Medical, Personal Accident and Medical Insurance, Dental Plus Vision and Hearing, Cancer, Critical Illness, Accident Hospital Indemnity, Disability Income, Fixed Indemnity, and Personal Auto products. USH&C is headquartered in Bedford Park at 6640 S. Cicero Ave, Bedford Park, IL 60638. 800-875-4422 http://www.USHandC.com.
About Guidewire Software
Guidewire delivers the industry platform that Property and Casualty (P&C) insurers rely upon to adapt and succeed in a time of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and grow their business. As of the end of our fiscal year 2019, we were privileged to serve more than 380 companies in 34 countries. For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC.
NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200218005100/en/
Source: Guidewire Software, Inc.
Melissa Cobb
Senior Public Relations Manager
Guidewire Software, Inc.
+1.650.357.5324
mcobb@guidewire.com
Cody Mroczka
Public Relations
Warrior Invictus Holding Company
+1.708.552.2470
CMroczka@priscorp.net
