GuideOne Insurance Deploys Guidewire Solution for Underwriting Policy Administration and Standards-Based Templates

WEST DES MOINES, Iowa & FOSTER CITY, Calif.--(BUSINESS WIRE)-- GuideOne Insurance (GuideOne), a leading national insurer of churches, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced that GuideOne has successfully deployed Guidewire PolicyCenter® as its new underwriting and policy administration solution. GuideOne also deployed Rating Management, Client Data Management, and is the first Guidewire customer to deploy Standard-based Templates. GuideOne had previously deployed Guidewire ClaimCenter® successfully in 2013. Guidewire PartnerConnect™ Consulting member, PwC US, led the implementation, in close collaboration with GuideOne and Guidewire.

Following the successful deployment of ClaimCenter in 2013, GuideOne selected PolicyCenter to modernize its policy administration system to support its aggressive growth plans for 2015 and beyond. The project is being implemented in phased approach. The pilot phase is currently being implemented for workers’ compensation with 15 states actively in production; all remaining work comp states are targeted for early 2016. The next phase involves PolicyCenter implementation in Commercial Package Policy and umbrella, and will conclude with commercial auto. GuideOne leveraged Standards-based Templates to accelerate their product deployment and gain control over their standards-based lines of business.

“Our initial PolicyCenter implementation has gone very smoothly and user feedback has been positive,” said Brian Murray, senior manager, Commercial Operations, GuideOne Insurance. “We are excited to be an early adopter of Standard-based Templates and appreciate Guidewire and PwC’s levels of engagement with us throughout the implementation process, giving us the speed-to-market, agility, and cost advantage necessary to enable our business strategy.”

”We are honored by GuideOne’s confidence in entrusting PwC with their Guidewire product implementations,” said Jim Quick, principal, PwC US. “We look forward to working with them as they progress along their transformation journey.”

PolicyCenter is enabling GuideOne to:

• Continue top-line and bottom-line growth;
• Increase speed-to-market through Standard-based Templates;
• Improve staffing level and utilization; and
• Bring new products and product enhancements to market more quickly.

“We congratulate GuideOne Insurance on their successful deployments of PolicyCenter and Standard-based Templates,” said Mike Polelle, chief delivery officer, Guidewire Software. “We are proud to work with them to help them achieve their customer service and business transformation goals.”

Guidewire PolicyCenter is a flexible underwriting and policy administration system that enables Property/Casualty insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers. Designed to support both commercial and personal lines, PolicyCenter helps insurers streamline front and back office processes, from new business submission and quoting through policy renewals. PolicyCenter is available as a standalone system or as part of Guidewire InsuranceSuite™, and can be integrated to an insurer’s legacy systems or third party applications.

About GuideOne Insurance

Founded in 1947 and headquartered in West Des Moines, Iowa, GuideOne Insurance is one of the nation's largest church insurers, with about 43,000 church policyholders. GuideOne also insures private schools and colleges, as well as senior living communities. In 1999, the company created the GuideOne Center for Risk Management® in order to help churches and faith-based organizations safeguard their ministries. This effort was expanded in 2008 with the launch of SafeChurch®, the most comprehensive church risk management resource available. GuideOne's personal lines products include auto and homeowners insurance. GuideOne is licensed to do business in all 50 states and markets its products and services through nearly 1,600 independent and career agents. The company carries an A "Excellent" rating from A.M. Best.

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 Guidewire Software

Guidewire builds software products that help Property/Casualty insurers replace their legacy core systems and transform their business. Designed to be flexible and scalable, Guidewire products enable insurers to deliver excellent service, increase market share and lower operating costs. Guidewire InsuranceSuite™ provides the core systems used by insurers as operational systems of record. Additional products provide support for data management, business intelligence, anytime/anywhere access and guidance and monitoring. More than 180 Property/Casualty 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.

Guidewire Software, Inc.

Diana Stott, 650-356-4941

Director, Communications

[email protected]

Source: Guidewire Software, Inc.