Pacifico Seguros Deploys Guidewire Products for Underwriting, Rating, Policy Administration, Billing and Claims Management
Guidewire InsuranceSuite™ is helping Peruvian insurer increase its speed to market and expand its traditional portfolio of channels
Pacifico selected and deployed InsuranceSuite as part of an initiative to diversify its business from a predominant focus on commercial lines to now growing its personal lines’ business. The company also wanted to simplify its operational processes and IT architecture, decrease operational costs, and improve its overall new product time to market. Prior to InsuranceSuite, Pacifico’s supporting processes and IT platforms were built exclusively for commercial lines.
Pacifico is currently in production with InsuranceSuite for its personal auto products distributed through its Telemarketing channel. The company will be deploying InsuranceSuite to the rest of its personal lines business, and will then shift to its commercial lines operations.
“We believe that InsuranceSuite’s ‘out of the box’ functionality and
application architecture were key to the success of our project,” said
InsuranceSuite is enabling Pacifico to:
- Expand their distribution channels beyond the traditional agents and brokers;
- Increase speed to market and become easier to do business with; and
- Provide its staff with an intuitive and integrated technology platform to allow them to do their job quickly and efficiently.
“We are pleased that Pacifico Seguros, a leader in the Peruvian
insurance market, has successfully deployed Guidewire InsuranceSuite,
and we congratulate them on their implementation project,” said
Guidewire InsuranceSuite powers the mission-critical operations of property/casualty insurers competing in today’s market. The suite was designed using a modular approach, enabling insurers to select individual applications — Guidewire PolicyCenter®, Guidewire BillingCenter® and Guidewire ClaimCenter®— or a pre-integrated set, driven by their requirements and priorities. InsuranceSuite provides the flexibility insurers need to deliver insurance the way they want to, by rapidly delivering better products and service to their policyholders and agents, while improving underwriting discipline and lowering operational costs.
About Pacifico Seguros
Pacifico Seguros, part of
Guidewire builds software products that help 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 Property/Casualty insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.