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Radian Selects Guidewire Solution for Underwriting, Rating, Policy Administration, Billing, and Claims Management
Guidewire InsuranceSuite™ to help private mortgage insurer enhance operational efficiencies, increase agility, and consolidate multiple platforms
Radian selected Guidewire’s InsuranceSuite in order to expedite underwriting turn times, reduce complexities caused by multiple platforms, and enhance its business and technology capabilities.
“In addition to the business and IT benefits we know Guidewire
InsuranceSuite will bring to us, we selected InsuranceSuite because the
governing principles of how Guidewire has architected its software have
remained intact since 2002,” said
“We are pleased to welcome Radian to the Guidewire family as an
InsuranceSuite customer,” 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 Radian
Forward-Looking Statements
Some of the statements in this press release may constitute
“forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities and Exchange Act
of 1934 and the United States Private Securities Litigation Reform Act
of 1995. Words such as "will," "expects," "believes" and similar
expressions are used to identify these forward-looking statements. These
forward-looking statements, which may include without limitation,
projections regarding our future performance and financial condition,
are made on the basis of management’s current views and assumptions with
respect to future events. Any forward-looking statement is not a
guarantee of future performance and actual results could differ
materially from those contained in the forward-looking statement. These
statements speak only as of the date they were made, and we undertake no
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. We operate
in a changing environment. New risks emerge from time to time and it is
not possible for us to predict all risks that may affect us. For more
information regarding these risks and uncertainties as well as certain
additional risks that we face, you should refer to the Risk Factors
detailed in Item 1A of Part I of our Annual Report on Form 10-K for the
year ended
About
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.
Source:
Guidewire Software, Inc.
Diana Stott, +1 650-356-4941
Director,
Communications
dstott@guidewire.com
or
Radian
Emily
Riley, +1 215-231-1035
emily.riley@radian.biz