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Guidewire Achieves London Market Electronic Claims File Write-Back Accreditation
Guidewire speeds up claims processing for its London Market customers
Lloyd’s Syndicates and the
Guidewire’s ECF Write-Back functionality is the latest investment from Guidewire in providing seamless London Market connectivity for its customers who benefit from the capability to employ Guidewire technology across their business globally, supporting full cycle personal, commercial and London Market businesses.
The new Write-Back functionality is designed to provide London Market businesses with greater flexibility when managing and handling claims. It removes duplication and inefficiencies by offering enriched claims data, transparency, and management information while giving near real-time claim notifications.
Through integration with Guidewire ClaimCenter, brokers’ data and documents can flow into the insurers’ own systems within minutes, enabling insurers to interact much more quickly while having the flexibility to build their view of the claim from enhanced pre-agreed data. Each insurer can then respond to the claim, sending data back into the market’s central systems, improving the electronic claim handling and management process, and increasing the degree of interaction.
“Beazley has worked closely with Guidewire to add ECF Write-Back to the
Guidewire London Market claims functionality,” commented
“ECF Write-Back represents a significant advance for claims processing
and resolution in the London Market,” said
“During the last year we have worked very closely with the London Market
and our customers there to develop and optimise the integration between
Guidewire and London Market claims systems,” said
The London Market claims community gathered in the Lloyd’s
About
Guidewire delivers the software that general 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 260 general insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.
NOTE: Guidewire,
iIMR is the Insurers’ Market Repository. This supports the electronic processing of premiums, policies and claims for insurers and brokers in the London Market.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170314005340/en/
Source:
onechocolate Communications
Daniel Couzens, +44(0)20 7437 0227
guidewire@onechocolatecomms.co.uk
or
Guidewire
Software, Inc.
Louise Bradley, +44(0)7474 837 860
PR &
Communications – EMEA
lbradley@guidewire.com