The
Hartford announced it is investing in its property & casualty (P&C)
insurance policy management systems to drive efficiency and better serve
customers and agents.
“We are investing in technology as part of The Hartford’s strategy to
profitably grow its businesses and become more efficient,” said Doug
Elliot, president of The Hartford. “This investment will enhance crucial
policy management processes and systems, helping our employees work
better while making it easier for our partners to do business with us.”
The Hartford has selected Guidewire
PolicyCenter® as its new underwriting and policy
administration platform, replacing multiple systems currently in place.
The integrated platform positions The Hartford to increase operational
efficiency through automation and improved data analytics and real-time
reporting capabilities. It also aims to deliver a better service
experience to customers and agents through streamlined front and back
office processes such as new business submissions, quoting, renewals and
billing. This investment complements Guidewire ClaimCenter®,
the P&C claims management system The Hartford licensed in 2012.
“We are very pleased that The Hartford had the confidence in Guidewire
to extend their relationship with us,” said Steve Sherry, group vice
president, Americas Sales, Guidewire Software (NYSE: GWRE). “We look
forward to helping The Hartford deliver on their objectives as they
transform their businesses.”
About The Hartford
With more than 200 years of expertise, The Hartford (NYSE: HIG) is a
leader in property and casualty insurance, group benefits and mutual
funds. The company is widely recognized for its service excellence,
sustainability practices, trust and integrity. More information on the
company and its financial performance is available at www.thehartford.com.
Join us on Facebook at www.facebook.com/TheHartford.
Follow us on Twitter at www.twitter.com/TheHartford.
HIG-C
Some of the statements in this release may be considered forward-looking
statements as defined in the Private Securities Litigation Reform Act of
1995. We caution investors that these forward-looking statements are not
guarantees of future performance, and actual results may differ
materially. Investors should consider the important risks and
uncertainties that may cause actual results to differ. These important
risks and uncertainties include those discussed in our 2013 Annual
Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the
other filings we make with the Securities and Exchange Commission. We
assume no obligation to update this release, which speaks as of the date
issued.
From time to time, The Hartford may use its website to disseminate
material company information. Financial and other important information
regarding The Hartford is routinely accessible through and posted on our
website at http://ir.thehartford.com.
In addition, you may automatically receive email alerts and other
information about The Hartford when you enroll your email address by
visiting the “Email Alerts” section at http://ir.thehartford.com.
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