Guidewire Software, a provider of software solutions to property/casualty insurers, has expanded business intelligence capabilities with IBM Cognos for underwriting and policy administration, claims management, and billing.
Guidewire InsuranceSuite provides the core systems essential for the mission-critical operations of Property/Casualty insurers competing in today’s market: underwriting and policy administration, claims management and billing.
The suite was designed using a modular approach, enabling insurers to select individual applications — Guidewire PolicyCenter, Guidewire ClaimCenter, and Guidewire BillingCenter — or a pre-integrated set, driven by their requirements and priorities.
InsuranceSuite provides the flexibility insurers need to deliver insurance the way they want to by rapidly delivering better products and service to their policyholders and agents, while improving underwriting discipline and lowering operational costs.
IBM business analytics & optimization, worldwide insurance industry executive Craig Bedell said together the solutions provide insurers with powerful, flexible reporting and analytics capabilities in order to optimize performance, financial benefits and ultimately customer satisfaction.