News Release
« Back
Jewelers Mutual Deploys Guidewire For Underwriting, Policy Administration, Billing and Claims Management
Guidewire InsuranceSuite™ and accompanying modules support the continual improvement and business growth plans of jewelry insurance specialist
As part of a company-wide business transformation, Jewelers Mutual
selected InsuranceSuite to provide a strong technology platform to
increase its flexibility and operational efficiency and keep pace with
business growth and demands for continuous improvement and system
enhancements. Concurrent with its InsuranceSuite deployment, Jewelers
Mutual installed a new data warehouse, reporting solution, and document
production system, upgraded its document management solution, and also
rebranded its Personal Lines program. Additionally, the company built
and deployed a new eCommerce system that is integrated into
InsuranceSuite and allows for the sale of insurance products when
jewelry is purchased. Jewelers Mutual won a Guidewire
Innovation Award for this extension of functionality in
Beginning its transformation project by implementing InsuranceSuite
systems simultaneously for its Personal Lines business, Jewelers Mutual
is currently in production with Guidewire InsuranceSuite in all of the
50 United States and in 9 Canadian provinces (all provinces except for
“We found a great partner in Guidewire,” said
“The high quality of the Guidewire team and their expertise contributed to a smooth implementation process,” continued Matthies.
“We are looking forward to the benefits of having our core systems on one cohesive platform,” stated Matthies. “The fact that they are pre-integrated and built with a high level of integration to work with our other systems is very beneficial for us and has enabled us to more quickly experience the benefits they provide.”
InsuranceSuite is enabling Jewelers Mutual to:
- Achieve the agility needed to expand its product portfolio into new geographic regions;
- Increase the productivity of its current staff to limit the amount of onboarding needed while maintaining growth;
- Make product changes quickly to increase responsiveness to the market; and
- Enhance operational efficiency across the organization by standardizing policy administration, billing management, and claims handling processes on a common platform.
“We are proud of our successful implementation of Guidewire
InsuranceSuite, a major milestone in our ongoing business
transformation,” said
“We congratulate Jewelers Mutual on successfully implementing Guidewire
InsuranceSuite,” 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 Jewelers Mutual
About
NOTE: © 2012
Source:
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Public
Relations Manager
dstott@guidewire.com
or
Jewelers
Mutual Insurance Company
David Maus-Berkley, 800-558-6411
Marketing
Communications Specialist
dmberkley@jminsure.com