Penn National Insurance Selects Guidewire Solution for Billing Management
Business Wire, Inc. |
Guidewire BillingCenter® to help property-casualty company prepare for future IT and business changes and increase its service levels for agents and customers
Factors that led
“We selected BillingCenter for its flexibility and upgradeability. We needed a system that we could own and leverage to support evolving business needs such as eBilling, with reduced time to bring new enhancements to market,” said
“The majority of our customers’ touch points with us are regarding billing, which means that most of our policyholders only know us by our invoice. People don’t write a check to the insurance company because they want to; they pay the premium because they know insurance gives them peace of mind,” said
Guidewire BillingCenter will enable
- Improve the ease of doing business for agents and policyholders through the enhancement of self-servicing options for both agents and customers;
- Increase new business and retention by introducing new payment methods, installment plans, and billing methods quickly and easily for profitable growth; and
- Optimize operational efficiency by automating that which can and should be automated, providing a single view of billing related data, and resolving agent/policyholder inquiries faster.
“We are pleased to welcome
Guidewire BillingCenter is a comprehensive billing and receivables management system built on the core design principles of automation, control and flexibility. BillingCenter allows you to deliver insurance your way by making it easier to automate the billing lifecycle; design flexible billing, payment and delinquency plans; manage agent commissions; and enable rapid integration with external payment systems. BillingCenter is available as a standalone system or as part of Guidewire InsuranceSuite™, and can be integrated to a general (Property/Casualty) insurer’s legacy systems or third party applications.
About
About
NOTE: Guidewire,
Public Relations Manager
[email protected]
or
Vice President, Corporate Communications
[email protected]
Source:
Copyright: | Copyright Business Wire 2012 |
Wordcount: | 768 |
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News