Guidewire Software Extends ClaimCenter for London Market
London Market Messaging is a specialised add-on for Guidewire ClaimCenter - providing out of the box functionality to address requirements of international insurers, and the London Market
Following a number of highly successful implementations of ClaimCenter in the London Market, Guidewire has invested to produce London Market Messaging, a separately licensed add-on for Guidewire ClaimCenter - one of the three modules comprising Guidewire InsuranceSuite™, the Company's suite of core insurance systems for the global
"London Market Messaging provides us with a good solution, particularly when considering our long term support model," said
London Market Messaging will enable Guidewire ClaimCenter customers to address the unique requirements of this market, which include:
- Message processing and action framework, providing enhanced configuration to manage incoming market claims messages through a message processing framework;
- Message handling for both claims messages and settlement messages, covering the Lloyd's market and the Companies market;
- Message cleansing, message business rules, and manual message editing.
"We are pleased to offer our London Market insurance customers a solution to help them more quickly transform their business, and more fully leverage their investment in Guidewire," said
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 claims organisations to define, enforce, and continually refine their preferred claim handling practices in order to optimise and monitor their claim processes. ClaimCenter is in use by insurers of all sizes across all product lines to improve speed and accuracy, reduce loss adjustment expense, and enable proactive management of claims. ClaimCenter is available as a standalone system or as part of the Guidewire InsuranceSuite™, and can be integrated to an insurer's legacy systems or third party applications.
Guidewire recognised for 6th consecutive time as "Strong Positive" - highest possible rating - in the Gartner MarketScope for North American Property and Casualty Insurance Claims Management Modules report.
About the MarketScope
Guidewire builds software products that help General (Property/Casualty) insurers replace their legacy core systems and transform their business. Designed to be flexible and scalable, Guidewire products enable insurers to deliver excellent service, increase market share and lower operating costs. Guidewire InsuranceSuite™ provides the core systems used by insurers as operational systems of record. Additional products provide support for data management, business intelligence, anytime/anywhere access, and guidance and monitoring. More than 150 General (Property/Casualty) insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.
Guidewire Software, Inc.
Diana Stott, +1 650-356-4941