Santam Deploys Guidewire Solution for Rating, Underwriting, Policy Administration, and Billing Management
Guidewire PolicyCenter and BillingCenter enable South African insurer to modernize, simplify and improve product offerings and capabilities across policy life-cycle
“Successfully implementing PolicyCenter and BillingCenter for our
Personal Lines business is a huge milestone for our team,” said
PolicyCenter and BillingCenter are enabling
- Increase ease of business transactions for policy-holders and brokers;
- Achieve underwriting excellence by implementing innovative underwriting techniques and providing consistency in underwriting guidelines;
- Manage premium rating bases more dynamically; and
- Improve productivity, facilitating more focus on value-added activities.
Guidewire PolicyCenter® is a flexible underwriting and policy administration system that enables general insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with customers and brokers. Designed to support both commercial and personal lines, PolicyCenter helps insurers streamline front- and back-office processes, from new business submission and quoting through to policy renewals. PolicyCenter is available as a standalone system or as part of Guidewire InsuranceSuite™, and can be integrated with an insurer’s legacy systems or third party applications.
Guidewire BillingCenter® is a comprehensive billing and receivables management system built on the core design principles of automation, control and flexibility. BillingCenter allows you to deliver insurance your way by making it easier to automate the billing lifecycle; design flexible billing, payment and payment plans; manage agent commissions; and enable rapid integration with external payment systems. BillingCenter is available as a standalone system or as part of Guidewire InsuranceSuite™, and can be integrated to a general (Property/Casualty) insurer’s legacy systems or third party applications.
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 180 Property/Casualty insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.