Investor Relations

Overview

News Release

  View printer-friendly version

« Back

April 7, 2016 at 8:56 AM EDT

Nationwide Selects Guidewire Digital Products to Accelerate Their Digital Strategy

Well-known national insurer to enhance customer experience and improve self-service capability with increased commitment to Guidewire solutions

FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 7, 2016-- Nationwide Mutual Insurance Company, one of the largest insurance and financial services companies in the United States, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced that Nationwide has expanded their commitment to Guidewire solutions by selecting the complete set of Guidewire Digital Portals™ to complement their investment in Guidewire InsuranceSuite. The company is already in production with ClaimCenter and PolicyCenter.

Nationwide selected Guidewire Account Management Portal for Policyholders™, Quote and Buy Portal for Policyholders, Gateway Portal for Agents, and Claim Portal for Vendors to accelerate and augment the implementation of their aggressive digital strategy.

“The integration of Digital Portals with Guidewire InsuranceSuite™ provides a single source of change for our business rules across both core systems and digital channels. This improves our agility and speed to market of future changes,” said Jim Korcykoski, Enterprise Chief Technology Officer, Nationwide Insurance.

Guidewire Digital Portals will enable Nationwide to:

  • Empower agents, policyholders and vendors with self-service claim, policy servicing and quoting capabilities;
  • Increase website traffic and better compete in the market; and
  • Improve market responsiveness and lower total cost of ownership.

“We are impressed with the progress and direction of Guidewire’s Digital Portal products. After a long and detailed evaluation, we feel that they can accelerate our digital strategy while allowing us to retain the ability to create unique market-leading digital experiences for our members,” said Jeff Cain, AVP, Personal Lines & Direct CTO, Nationwide Insurance.

“We are proud to partner with Nationwide Insurance on their transformation journey and applaud their commitment to innovative customer engagement,” said Marcus Ryu, CEO and co-founder, Guidewire Software.

About Nationwide

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s. The company provides a full range of insurance and financial services, including auto, commercial, homeowners and life insurance; public and private sector retirement plans, annuities and mutual funds; banking and mortgages; specialty health; pet, motorcycle, boat and farm insurance. For more information, visit www.nationwide.com.

About Guidewire Software

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, Guidewire Software, Guidewire ClaimCenter, Guidewire PolicyCenter, and Guidewire BillingCenter are registered trademarks of Guidewire Software, Inc. in the United States and/or other countries.

Source: Guidewire Software, Inc.

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