U.S. insurer taps Guidewire to boost its ability to engage and
empower its customers, agents and employees
Guidewire Software, Inc. (NYSE: GWRE), a provider of software products
to Property/Casualty (P/C) insurers, today announced that Farmers
InsuranceSM, one of the nation’s largest multiline insurers,
has selected Guidewire PolicyCenter® and Guidewire Rating
Management™ for its Personal Lines business. Farmers InsuranceSM
had $18.6 billion in direct written premium in 2014.
The technology platform will integrate various underwriting and policy
administration systems to accelerate the insurer’s customer-centric
approach to serving consumers and will help Farmers agents and employees
to efficiently deliver a positive customer experience.
“This is a big step forward for Farmers and our customers. Farmers is
focused on making customers smarter about their insurance decisions, and
our investment in the right technology helps us keep that promise,” said
Jeff Dailey, chief executive officer, Farmers Group, Inc. “We’re looking
forward to working with Guidewire, and to putting additional
technological muscle behind our customer-focused philosophy and
practices.”
“Guidewire is honored to be entrusted to serve as the core policy
system to Farmers, a pre-eminent top tier insurer,” said Marcus Ryu,
chief executive officer, Guidewire Software. “The Farmers brand, scale,
breadth of products, national agent network and employees are great
assets in adapting and succeeding in an ever more dynamic and digital
future for the property and casualty industry. We are committed to
serving Farmers in this journey and for many years beyond.”
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.
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