Guidewire Software Announces ACI Worldwide as New Solution Alliance Partner

ACI publishes its first Ready for Guidewire accelerator, helping insurers simplify billing, enhance their customer payment experience, and ease PCI compliance

FOSTER CITY, Calif.--(BUSINESS WIRE)--Jun. 5, 2019-- Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced that ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has joined Guidewire PartnerConnect™ as a Solution Partner. The companies also announced that ACI’s new Ready for Guidewire validated accelerator is now available to insurers in the Guidewire Marketplace.

With the Ready for Guidewire accelerator, P&C insurers can quickly integrate ACI’s UP Bill Payment solution with Guidewire PolicyCenter™, allowing them to provide their policyholders with easier ways to make payments, including one-time and recurring payments via credit card, debit card, or ACH. ACI’s UP Bill Payment enables insurers to accommodate a multitude of ways a policyholder may want to pay their premium, and the integration with PolicyCenter means insurers can offer these options at the time the policy is sold or renewed. Additionally, insurers will be able to simplify PCI compliance as ACI collects, tokenizes and stores payment information leveraging its security capabilities.

“ACI is committed to helping organizations improve their customers’ experience while more easily ensuring PCI compliance,” said Sanjay Gupta, executive vice president, ACI Worldwide. “Making our solution Guidewire-ready, and accessible from within PolicyCenter, allows insurers to provide their policyholders with many flexible payment options to best cater to their needs and preferences.”

The ACI Ready for Guidewire accelerator helps insurers:

• Increase policyholder satisfaction by offering easier ways to pay premiums, such as one-time and recurring payments via credit card, debit card, or ACH;
• Boost retention by securely capturing and storing policyholder payment information for convenient recurring and renewal payments; and
• Simplify their compliance with rigorous PCI Data Security Standards.

ACI is developing additional Ready for Guidewire accelerators for Guidewire BillingCenter™ and ClaimCenter to serve the insurers’ payment requirements across the entire policyholder journey.

“We are pleased to welcome ACI to Guidewire PartnerConnect as a Solution partner,” said Neil Betteridge, vice president, Strategy, Guidewire Software. “ACI’s UP Bill Payment solution is helping companies around the world process payments efficiently and securely, while helping them to meet PCI compliance standards. We are pleased to bring these benefits to our mutual customers via the ACI Ready for Guidewire accelerator.”

About Guidewire PartnerConnect and Ready for Guidewire

Guidewire PartnerConnect™ is a global network of select companies that provide consulting services and solutions to enhance, extend, and complement the capabilities of Guidewire products. Our worldwide community helps contribute to the success of our mutual customers in the P&C insurance industry by delivering Guidewire software implementations, value-add solution and technology offerings, and guidance on insurance industry best practices.

Ready for Guidewire accelerators developed by PartnerConnect Solution members have been rigorously reviewed by Guidewire, adhere to Guidewire software design principles, and meet established criteria. The accelerators are published in the Guidewire Marketplace and are available for download by Guidewire customers at no charge.

Guidewire PartnerConnect is an invitation-only program. For more information about Guidewire PartnerConnect please visit http://www.guidewire.com/partners/.

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. We are privileged to serve more than 350 companies in 40 countries. For more information, please visit www.guidewire.com and follow us on twitter: @Guidewire_PandC.

About ACI Worldwide

ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.

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/20190605005228/en/

Source: Guidewire Software, Inc.

Diana Stott
Director, Communications
Guidewire Software
+1 (650) 356 4941
dstott@guidewire.com

Nidhi Alberti
Sr. Manager, Public Relations
ACI Worldwide
+1 (781) 370 3600
nidhi.alberti@aciworldwide.com