U.S. multi-line insurer group selects Guidewire for enterprise-wide
claims management
FOSTER CITY, Calif.--(BUSINESS WIRE)--Jun. 14, 2017--
Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to
Property and Casualty (P&C) insurers, today announced that Farmers
Insurance has selected Guidewire ClaimCenter® as its enterprise claims
management system.
Guidewire ClaimCenter will replace multiple claims management systems
within Farmers® to better enable the organization’s customer-centric
service approach, reduce system ownership costs, and help the insurer
group’s agents and employees provide exceptional service to customers.
The selection of ClaimCenter builds on the organization’s previously
announced investment in Guidewire PolicyCenter® and Guidewire Rating
Management™ for its Personal Lines business.
“Farmers is focused on making sure that our customers receive the best
possible service during good times and times of loss, and we recognize
the importance of utilizing the right technology,” said Keith Daly,
chief claims officer for Farmers. “We are therefore excited to be
utilizing Guidewire, and to be gaining the additional technological
strength that will help us deliver on our customer-focused commitments.”
“Guidewire is honored to be chosen by Farmers,” said Marcus Ryu, chief
executive officer, Guidewire Software. “We admire the organization’s
track record in delivering top-class service to its customers and look
forward to providing the platform that enables Farmers to continually
evolve in the years ahead.”
Leading Industry analyst firm Gartner positioned Guidewire as the sole
“Leader” in its Magic Quadrant Report for Property and Casualty
Insurance Claims Management Modules in July 2016. This recognition
marked the third consecutive year Guidewire has been recognized as a
leader. Guidewire has consistently achieved the highest overall position
for its vision and ability to execute.
About Farmers Insurance
“Farmers Insurance®” and “Farmers®” are tradenames
for a group of affiliated insurers providing insurance for automobiles,
homes and small businesses and a wide range of other insurance and
financial services and products. Farmers Insurance is proud to serve
more than 10 million households with over 19 million individual
policies, nationally, through the efforts of more than 48,000 exclusive
and independent agents and approximately 21,000 employees. Farmers
Insurance Exchange®, the largest of the three primary insurers that make
up Farmers Insurance, is recognized as one of the largest U.S. companies
on the 2016 Fortune 500 list.
Insurance is underwritten by Farmers Ins. Exchange, Fire Ins. Exchange,
Truck Ins. Exchange, Mid-Century Ins. Co., Civic Property & Casualty
Co., Exact Property & Casualty Co., Neighborhood Property & Casualty
Co., & affiliates. TX: insurance is underwritten by Farmers
Ins. Exchange, Fire Ins. Exchange, Truck Ins. Exchange, Mid-Century Ins.
Co., Texas County Mutual Ins. Co., Mid-Century Ins. Co. of Texas, &
Texas Farmers Ins. Co. NY: insurance is underwritten by
Farmers Ins. Exchange, Truck Ins. Exchange, Mid-Century Ins. Co., &
Farmers New Century Ins. Co., home office Los Angeles, CA. Life
insurance issued by Farmers New World Life Ins. Co., 3003 77th
Ave. SE, Mercer Island, WA 98040. Each insurer has sole financial
responsibility for its own insurance. List of all insurers at
farmers.com. Not all insurers are authorized in all states. Not all
products, coverages, & discounts are available in every state.
Restrictions, exclusions, limits, and conditions apply. See agent for
details.
For more information about Farmers Insurance, visit Farmers.com, Twitter
and Instagram, @WeAreFarmers, or Facebook.com/FarmersInsurance.
About Guidewire Software
Guidewire delivers the software that Property and Casualty (P&C)
insurers need to adapt and succeed in a time of rapid industry change.
We combine three elements – core operations, data and analytics, and
digital engagement – into a technology platform that enhances insurers’
ability to engage and empower their customers and employees. More than
300 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170614005299/en/
Source: Guidewire Software, Inc.
Guidewire Software
Diana Stott, +1 650-356-4941
Director,
Communications
dstott@guidewire.com
