American Modern Insurance Company Deploys Guidewire Core and Data Products

Ohio-based specialty insurer successfully implements Guidewire PolicyCenter®, BillingCenter, DataHub, and InfoCenter to improve business agility and enhance user experience

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to Property/Casualty (P/C) insurers, announced today that American Modern Insurance Group, a leading provider of residential and recreational specialty insurance, has successfully deployed Guidewire PolicyCenter® and Guidewire BillingCenter®.

“We applaud American Modern on their success with Guidewire products and look forward to other successful milestones in their journey to adapt and succeed in today’s rapidly-changing insurance marketplace,” said Mike Polelle, chief delivery officer, Guidewire Software.

American Modern also launched Guidewire DataHub™ and InfoCenter as its new data management and business intelligence solutions. Together, PolicyCenter, BillingCenter, DataHub, and InfoCenter provide agent partners with a more advanced product suite and user-friendly experience. As part of the first deployment, American Modern has rolled out eleven different personal lines products for three states, with additional rollouts scheduled across all 50 states over the next few years.

“Implementing the Guidewire platform represents a significant milestone in our company’s long-term business transformation initiative,” said Stephen Russell, chief actuary for American Modern. “This new streamlined system will enable future growth for American Modern for years to come.”

Guidewire Core and Data products:

• Enhance operational efficiency, employee productivity, and collaboration throughout the organization to transform its business by standardizing on a modern software technology platform;
• Simplify the underwriting process by automating manual processes; and
• Increase responsiveness to changing business and technical requirements by bringing new products and product enhancements to market more quickly.

Guidewire PartnerConnect™ Consulting member, Ernst & Young LLP worked with American Modern to lead the implementation. “We are honored to help American Modern deploy these Guidewire software solutions. We look forward to watching them expand their business capabilities, ultimately empowering future growth,” said Brajesh Kumar, Principal, Ernst & Young LLP.

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.

About EY

The global EY organization is a leader in assurance, tax, transaction, legal, and advisory services. We leverage our experience, knowledge and services to help build trust and confidence in the financial markets and in economies all over the world. We are ideally equipped for this task – with well trained employees, strong teams, excellent services and outstanding client relations. Our global mission is to drive progress and make a difference by building a better working world – for our people, for our clients and for our communities.

The global EY organization refers to all member firms of Ernst & Young Global Limited (EYG). Each EYG member firm is a separate legal entity and has no liability for another such entity’s acts or omissions. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information, please visit www.ey.com.

Ernst & Young LLP is a member firm serving clients in the US.

About American Modern Insurance Group

American Modern is a specialty insurance leader that delivers products and services for residential property like manufactured homes and specialty dwellings and for consumers in the recreational market, including owners of boats, personal watercraft, classic cars, motorcycles, ATVs and snowmobiles. American Modern is licensed in all 50 states through six property and casualty companies, which are part of an insurance group that enjoys an A+ (superior) rating by the A.M. Best Company, a leading independent insurance analyst.

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/20160915005415/en/

Guidewire Software, Inc.

Diana Stott, +1 650-356-4941

Director, Communications

[email protected]

or

EY

John La Place, +1 212-773-1705

Associate Director

[email protected]

EY

Michelle Lynch, +1 617-909-3400

Senior Manager, FSO-Insurance

[email protected]

Source: Guidewire Software, Inc.