Guidewire core, data, and digital products to help Illinois-based
Property/Casualty insurer simplify business processes for generating
top-line growth, speed-to-market, and cost savings
PEKIN, Ill. & FOSTER CITY, Calif.--(BUSINESS WIRE)--Sep. 30, 2015--
Pekin Insurance, an Illinois-based multi-state Property/Casualty
insurer, and Guidewire Software, Inc. (NYSE:GWRE), a provider of
software products to Property/Casualty (P/C) insurers, today announced
that Pekin Insurance has selected Guidewire core processing, data and
analytics, and digital engagement products to adapt its business for
success in today’s rapidly-changing insurance marketplace. Pekin
Insurance is simplifying its infrastructure to reduce system maintenance
costs, streamline business processes, and gain the flexibility needed to
remain competitive in an evolving market. The selected Guidewire
products will be implemented for commercial lines first; personal lines
will follow.
Guidewire PartnerConnect™ Premier Consulting alliance
member, PwC, will lead the implementation, and Guidewire PartnerConnect
Solution and Ready for Guidewire program member, Thunderhead, is
providing its Smart Communications solution to create, manage, and
deliver all outbound policyholder correspondence.
Pekin Insurance has selected Guidewire InsuranceSuite™ as its new
platform for underwriting, rating, policy administration, claims,
billing, and client data management. Guidewire Live Spotlight™ will
empower Pekin Insurance’s underwriters to make more informed decisions
by automating the assessment of location-based risk. Guidewire DataHub™
and InfoCenter will support their enterprise-wide data management and
business intelligence needs. Additionally, the company will leverage
Guidewire Account Management Portal for Policyholders™, Claim Portal for
Agents, and Gateway Portal for Agents to enhance the digital experience
for its policyholders and agents.
“We selected Guidewire because we wanted a tightly integrated suite of
products to improve operational effectiveness and efficiency while
improving customer service through a client-centric view of policyholder
information,” said Neal Kaderabek, vice president and chief information
officer, Pekin Insurance. “Guidewire’s product maturity, market share,
and track record of successful implementations were important factors in
our decision-making process, and we believe this strategic relationship
will assist Pekin Insurance in continuing our mission of providing
dependable insurance coverage to our policyholders.”
“We are extremely proud that Pekin Insurance has chosen us as their
trusted implementation partner,” said Imran Ilyas, principal, PwC. “By
selecting Guidewire, Pekin Insurance will be better able to meet the
needs of its agents and policyholders in a fast-moving insurance market.”
“We are pleased that Pekin Insurance has selected Guidewire core, data,
and digital products,” said Steve Sherry, group vice president, Americas
Sales. “Together these products form the technology platform that will
help Pekin Insurance deliver on its business objectives and provide the
unique customer service it has built its reputation on. We look forward
to working with Pekin Insurance and PwC on this project.”
About Pekin Insurance
Pekin Insurance, located in Pekin, Illinois, has been providing
dependable insurance coverage to families in their six-state marketing
area since 1921. Pekin Insurance has grown into a company of more than
700 employees, 1,500 agencies, and 8,500 independent agents. For more
information, visit www.pekininsurance.com.
About PwC US
PwC US helps organizations and individuals create the value they're
looking for. We're a member of the PwC network of firms, which has firms
in 157 countries with more than 195,000 people. We're committed to
delivering quality in assurance, tax and advisory services. Find out
more and tell us what matters to you by visiting us at www.pwc.com/US.
About Thunderhead
Thunderhead’s mission is to enable brands and their customers to live
and work in harmony. Thunderhead is a privately-owned and
British-founded software company that has become, since launching in
2004, the global leader in the customer and business communication
solutions market. To learn more, please visit www.thunderhead.com/smart-communications.
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, Guidewire BillingCenter, are registered trademarks of
Guidewire Software, Inc. in the United States and/or other countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150930005194/en/
Source: Guidewire Software, Inc.
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Director,
Communications
dstott@guidewire.com
