Guidewire InsuranceSuite™ to help Arizona workers’ compensation
provider enhance customer service capabilities and anticipate business
growth and change
PHOENIX & SAN MATEO, Calif.--(BUSINESS WIRE)--Mar. 27, 2012--
The Arizona State Compensation Fund (SCF Arizona), an insurance company
that provides workers' compensation insurance in Arizona, and Guidewire
Software, Inc. (NYSE: GWRE), a provider of core system software to
property/casualty (P/C) insurers, today announced that SCF Arizona has
selected Guidewire InsuranceSuite™ as its new platform for
rating, underwriting, policy administration, billing and claims
management. The company will deploy PolicyCenter (with Rating Management
and Underwriting) and BillingCenter first, followed by ClaimCenter.
SCF Arizona selected Guidewire to support their current business and
future product development and to provide enhanced operational
efficiencies for their growing agency distribution channel.
“We selected Guidewire based on the maturity of its products and the
company’s industry knowledge and experience,” said Arnold Jee, director,
IT/Applications and Product Development. “We are confident that
InsuranceSuite will help us configure and build resources efficiently,
keeping costs and time investments to a minimum.”
“We want to provide a great experience for both our agents and
customers,” said Rick Jones, senior vice president chief sales and
business development officer. “Guidewire InsuranceSuite will enable us
to do so as it provides deep and broad functionality for our core
operations and has the flexibility to help us quickly and effectively
deliver enhanced customer service.”
Guidewire InsuranceSuite will enable SCF Arizona to:
-
Keep pace with changing business needs with system flexibility and
configurability;
-
Increase operational efficiency through automation across a common
platform;
-
Enable its staff to focus on the most important task of serving its
customers leveraging the ease of use the systems offer; and
-
Better respond to the unique needs of its policyholders and agents –
with increased speed and accuracy.
“We are proud to have SCF Arizona as a Guidewire InsuranceSuite
customer,” said Marcus Ryu, chief executive officer, Guidewire Software.
“We recognize that customer satisfaction is a key priority for SCF
Arizona, and InsuranceSuite will help them to reach their customer
service goals.”
Guidewire InsuranceSuite provides the flexible core systems essential
for the mission-critical operations of property/casualty insurers
competing in today’s market: underwriting, policy administration,
billing and claims. 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 SCF Arizona
SCF Arizona is the leading provider of Arizona workers' comp insurance.
Founded in 1925, SCF has approximately 25,000 workers' compensation
policyholders and covers more than 30 percent of the Arizona work comp
market.
As a leading advocate of workplace safety, SCF is proactive in keeping
Arizona’s workers' compensation insurance rates among the lowest in the
nation. SCF covers only businesses operating in Arizona and has offices
in Phoenix, Prescott, Flagstaff, and Tucson. For more information
please, visit www.scfaz.com.
About Guidewire Software
Guidewire Software is a provider of core system software to the global
Property/Casualty (general) insurance industry. Designed to be flexible
and scalable, Guidewire solutions give insurers the capability to
deliver excellent service, increase market share and lower operating
costs. Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®,
Guidewire ClaimCenter® and Guidewire BillingCenter® spans the key
functional areas in insurance – underwriting and policy administration,
claims management, and billing. Guidewire is headquartered in San Mateo,
California, with offices in Beijing, Dublin, Hong Kong, London, Munich,
Paris, Sydney, Tokyo, and Toronto. For more information, please visit www.guidewire.com.
NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, Guidewire InsuranceSuite, Deliver
Insurance Your Way, Guidewire PartnerConnect, and the Guidewire logo are
trademarks or registered trademarks of Guidewire Software, Inc.
Source: Guidewire Software, Inc.
SCF Arizona
Bruce Trethewy
Sr. Communication Specialist
Btrethewy@scfaz.com
or
Guidewire
Software, Inc.
Diana Stott
Public Relations Manager
+1
(650) 356 4941
dstott@guidewire.com
