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April 21, 2016 at 8:55 AM EDT

Safety National Selects Guidewire Systems for Claims Management and Policy Administration

Guidewire ClaimCenter® and PolicyCenter to increase speed to market and enhance operational efficiencies

COLUMBIA, S.C. & FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 21, 2016-- Safety National Casualty Corporation, a leading provider of specialized insurance and reinsurance solutions, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced that Safety National has selected Guidewire ClaimCenter® and PolicyCenter as its new claims management and policy administration systems. Safety National also selected Guidewire Rating Management™ and Standards Based Templates. Smart Communications, a division of Thunderhead and Guidewire PartnerConnect™ Solution and Ready for Guidewire program member, will provide its industry-leading solution for customer and business communications.

ClaimCenter and PolicyCenter will replace Safety National’s internally-developed claims management and policy administration systems, offering the company new capabilities to more efficiently and effectively access data and deliver on its service commitments to policyholders. Safety National is implementing the products concurrently nationwide. ClaimCenter will be implemented for all lines of business in the initial phase, while PolicyCenter will be implemented for the excess & surplus line of business. Following that, PolicyCenter will be implemented for the casualty and workers’ compensation lines of business.

“We are a specialty carrier, so having a configurable system supported by a solution that enables us to stay current on industry standards appealed to us greatly,” said Chris Griffith, chief information officer, Safety National. “It is excellent to be on a platform that is recognized as an insurance industry leader. By selecting Guidewire, we know we are working with a true partner and don’t have to worry that our partner doesn’t understand our business or isn’t listening to us. Guidewire has already shown that they listen to us.”

ClaimCenter and PolicyCenter will enable Safety National to:

  • Leverage industry claims management best practices to obtain better visibility into claims handling operations;
  • Improve operational efficiencies and reduce overall costs by standardizing on a modern software technology platform to enrich the overall claims experience for policyholders; and
  • Bring new products and product enhancements to market more quickly.

“We welcome Safety National as a ClaimCenter and PolicyCenter customer,” said Steve Sherry, senior vice president, Worldwide Sales, Guidewire Software. “We look forward to helping Safety National improve their business efficiencies.”

About Safety National

Safety National is a leading provider of alternative risk funding products such as excess workers’ compensation, deductible casualty, loss portfolio transfers and reinsurance. Safety National is a member of the Tokio Marine Group and is rated “A+” (Superior), FSC XIV by A.M. Best. Learn more at www.safetynational.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

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