Admiral Group Selects Guidewire Programs for Underwriting, Policy Administration, and Billing

Guidewire PolicyCenter(R) and Guidewire BillingCenter(R) to assist marketplace major Uk direct car insurer boost its business agility and speed to market place

 CARDIFF, Wales & FOSTER CITY, Calif.--(Company WIRE)--March 14, 2014-- 

Admiral Group plc (Admiral), one particular of the greatest car insurance providers in the United Kingdom, and Guidewire Computer software, Inc. (NYSE:GWRE), a provider of application merchandise to basic insurers, these days announced that Admiral has chosen Guidewire PolicyCenter(R) as its new policy administration answer, and Guidewire BillingCenter(R) to handle its billing operations.

As the very first insurer in the United kingdom to supply MultiCar insurance coverage, Admiral is nicely-identified in the sector for becoming innovative. The organization sought a versatile and modern technology platform, and selected PolicyCenter and BillingCenter to help allow it to deliver items to market place swiftly and effectively.

“We were seeking for policy and billing programs that would let us to make solution modifications swiftly and easily,” stated Charlotte Bennett, Head of IT, Admiral Group. “The out-of-the-box performance and versatile architecture provided by PolicyCenter and BillingCenter will enable us to produce and adjust our goods more rapidly.”

“In addition, we were extremely impressed with how PolicyCenter and BillingCenter dealt with MultiCar insurance, the abilities the techniques give for potential innovation, as effectively as with the expertise and dedication of the Guidewire team,” continued Bennett.

PolicyCenter and BillingCenter will allow Admiral to:

 -- Boost operational efficiencies to a lot more effortlessly and rapidly implement merchandise and technique adjustments -- Easily configure the solutions' functions and functionality to handle the organization's certain demands and innovations, while adopting out-of-the-box company ideal practices and -- Standardize policy administration and billing practices for consistency and accuracy. 

“We are pleased that Admiral has selected PolicyCenter and BillingCenter to assistance their commitment to development and constant transformation,” stated Keith Stonell, Managing Director, EMEA, Guidewire Software. “We are thrilled to help Admiral lengthen its popularity in these locations and attain its strategic goals.”

Guidewire PolicyCenter(R) is a versatile underwriting and policy administration method that allows Property/Casualty insurers to grow company profitably by bettering efficiency, whilst responding with agility to market place options and improving relationships with brokers and customers. Developed to help both commercial and personal lines, PolicyCenter helps insurers streamline front and back office processes, from new business and quoting by means of policy renewals. PolicyCenter is available as a standalone system or as portion of Guidewire InsuranceSuite(TM), and can be integrated to an insurer’;s legacy methods or third party applications.

Guidewire BillingCenter(R) is a complete billing and receivables management technique developed on the core design concepts of automation, management and flexibility. BillingCenter makes it possible for you to provide insurance coverage your way by generating it less complicated to automate the billing lifecycle design versatile billing, payment and delinquency ideas and enable rapid integration with external payment systems. BillingCenter is obtainable as a standalone method or as portion of Guidewire InsuranceSuite(TM), and can be integrated to a standard insurer’;s legacy methods or third celebration applications.

About Admiral Group plc

Admiral Group plc, through its subsidiary company EUI Restricted, principally sells private motor insurance coverage and linked products, this kind of as cover for breakdown, vehicle retain the services of and private damage. EUI Constrained markets directly to the public in the Uk via its 4 core brand names: Admiral, elephant.co.uk, Diamond, and Bell. Admiral Group plc employs 7,000 folks and has 3.7 million clients globally. Admiral Group is Wales’; only FTSE 100 Business. Group turnover was GBP2. billion (2012: GBP2.2 billion). In 2014 Admiral was named the second greatest big organization to work for in the United kingdom and in 2013 Admiral was the 2nd greatest multinational workplace in Europe. www.admiralgroup.co.uk.

About Guidewire Software program

Guidewire builds computer software items that assist Property/Casualty insurers replace their legacy core programs and transform their business. Designed to be flexible and scalable, Guidewire products enable insurers to supply superb support, enhance marketplace share and decrease operating costs. Guidewire InsuranceSuite(TM) gives the core methods employed by insurers as operational methods of record. Added products provide assistance for data management, enterprise intelligence, anytime/anywhere accessibility and guidance and monitoring. A lot more than 150 House/Casualty insurers all around the world have chosen Guidewire. For far more information, please go to www.guidewire.com. Comply with us on twitter: @Guidewire_PandC.

Contact:

NOTE: Guidewire, Guidewire Software program, Guidewire ClaimCenter, Guidewire PolicyCenter, Guidewire BillingCenter, Guidewire InsuranceSuite, Guidewire PartnerConnect, Guidewire SolutionConnect, Guidewire Dwell, Live Inside, Just before & Soon after, Claim Canvas, Viewpoint, Deliver Insurance Your Way, and the Guidewire logo are trademarks, support marks, or registered trademarks of Guidewire Software program, Inc. in the United States and/or other countries.

 Speak to: Guidewire Software program, Inc. 

Diana Stott, +one-650-356-4941

Director, Communications

dstott@guidewire.com

or

Admiral Group

Louisa Scadden, 02920434394

Communications Director

Louisa.scadden@admiralgroup.co.uk

 Source: Guidewire Software program, Inc. Copyright Enterprise Wire 2014 

The Wall Street Journal information department was not involved in the creation of this content.

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