Guidewire InsurancePlatform™ to help BPO solution provider enhance
operational efficiencies and improve business agility
COLUMBIA, S.C. & FOSTER CITY, Calif.--(BUSINESS WIRE)--Oct. 19, 2016--
The Seibels Bruce Group, Inc. (Seibels), an insurance services provider
of Business Process Outsourcing (BPO) solutions, and Guidewire Software,
Inc. (NYSE:GWRE), a provider of software products to Property/Casualty
(P/C) insurers, today announced that Seibels has expanded its
relationship with the selection of additional Guidewire core operations,
data and analytics, and digital engagement products. The company is
implementing these products for its current Property and Casualty lines
of business in all states in which it operates, and plans to implement
these products for its future Workers’ Compensation lines of business.
Seibels will also use the Guidewire platform to power the products it
offers its BPO customers.
By standardizing its offerings on Guidewire’s modern software technology
platform, Seibels, a Guidewire preferred BPO provider, is able to
strengthen its position in the marketplace as a best-in-class insurance
services provider of BPO solutions. This foundation will enable Seibels
to:
-
Provide exceptional customer service by offering clients access to
technology powered by Guidewire. Guidewire was identified as a leader
in the January 2016Gartner “Magic Quadrant for P&C Insurance Policy
Management Modules, North America1”;
-
Bring new products and product enhancements to market more quickly;
-
Provide enhanced data and analytics to better understand results and
drive business decisions;
-
Provide a full featured multimedia agency portal; and
-
Provide unmatched self-service capability to customers and their
agents and policyholders.
To meet its objectives, Seibels selected Guidewire PolicyCenter® as its
new underwriting, rating, and policy administration system and Guidewire
BillingCenter® to manage its billing operations, including agency and
direct bill and commission calculations. These products will replace the
company’s internally-developed policy administration and billing
management systems. With these selections, Seibels will be able to
expand its BPO offering to provide the benefits of Guidewire
InsuranceSuite™ to its customers.
Seibels selected Guidewire DataHub™ and InfoCenter as its new data
warehouse and business intelligence solutions, and Guidewire Gateway
Portal for Agents™ to provide agents with more self-service
functionality and greater collaboration capabilities. The company also
selected Smart
Communications™ for customer communications management2.
Guidewire PartnerConnect Consulting member, Cynosure,
a boutique global consulting firm specializing in the implementation of
Guidewire InsurancePlatform™ products, will lead the implementation.
“Guidewire’s long-term commitment to its products was attractive to us,”
said Nan Brunson, Vice President of Business Development, Sales and
Marketing, Seibels. “Selecting these additional Guidewire products will
provide us with improved growth opportunities and increased
functionality, credibility, and reliability.”
Dallas Covington, Vice President of Project Management Office, Seibels,
said, “Together, ClaimCenter, PolicyCenter, and BillingCenter provide
the core system foundation on which Seibels will be able to grow our
business efficiently and provide innovative, best-in-class products to
our customers.”
“We are honored that Seibels has entrusted us with their Guidewire
product implementations,” said Anupam Mittra, Senior Director &
Co-founder, Cynosure. “We look forward to helping them transform their
business and succeed in the rapidly-changing insurance market.”
“We appreciate Seibels’ vote of confidence in Guidewire
InsurancePlatform and all it offers,” said Ken Shapiro, Group Vice
President, Americas Sales, Guidewire Software. “Seibels is well
positioned to become an agile, efficient, and technologically advanced
solution partner for their customers and we are excited to be a key part
of their BPO offering.”
About Seibels
The Seibels Bruce Group, Inc. (Seibels) offers the insurance industry a
suite of business process outsourcing (BPO) solutions powered by
Guidewire technology. Streamlined operations, improved efficiencies and
predictable, managed costs are just some of the benefits clients receive
when working with Seibels. By leveraging a strong combination of
insurance experience and industry-leading technology, Seibels
best-in-class insurance services allow risk managers to simplify
business processes and maximize opportunities so they can focus on
growth and development. Since its founding in 1869, Seibels has
recognized the value of quality customer service, strong client
relations, continuous innovation and integrity. For more information,
please visit www.seibels.com.
Follow us on twitter: @SeibelsITS.
About Cynosure
Based in Jacksonville, Florida, Cynosure is a team of Guidewire
InsurancePlatform™ experts focused on simplifying core system
transformation for insurers. Cynosure was founded with the objective of
helping Guidewire Software® customers lower their total cost of
ownership. Leveraging its deep understanding of Guidewire products,
Cynosure delivers speed and efficiency to its clients’ business
operations. For more information about Cynosure, visit CynosureInc.com or
call (630) 481-7739.
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 operations, data and analytics, and digital
engagement – into a technology platform that enhances insurers’ ability
to engage and empower their customers and employees. 260 P/C insurers
around the world have selected Guidewire. For more information, please
visit www.guidewire.com.
Follow us on twitter: @Guidewire_PandC.
1 Magic Quadrant for Property and Casualty Insurance
Policy Management Modules, North America; Published: 25
January 2016 ID: G00273868, Gartner, Inc.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in
its research publications, and does not advise technology users to
select only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose.
2 Guidewire is a reseller of Smart Communications, a
Guidewire PartnerConnect™ Solution and Ready for Guidewire program
member.
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/20161019005388/en/
Source: Guidewire Software, Inc.
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Director,
Communications
dstott@guidewire.com
or
Seibels
Stacey
Cohl, +1-803-748-2040
Marketing Communications Specialist
stacey.cohl@seibels.com
or
Cynosure
Sid
Wadhwa, +1-773-454-8839
CEO and Co-Founder
swadhwa@cynosureinc.com