Guidewire InsurancePlatform™ to help BPO
solution provider enhance operational efficiencies and improve
business agility
The Seibels Bruce Group, Inc. (Seibels), an insurance services
provider of Business Process Outsourcing (BPO) solutions, and
Guidewire Software, Inc. (NYSE:GWRE), a provider of software
products to Property/Casualty (P/C) insurers, today announced that
Seibels has expanded its relationship with the selection of
additional Guidewire core operations, data and analytics, and
digital engagement products. The company is implementing these
products for its current Property and Casualty lines of business in
all states in which it operates, and plans to implement these
products for its future Workers’ Compensation lines of business.
Seibels will also use the Guidewire platform to power the products
it offers its BPO customers.
By standardizing its offerings on Guidewire’s modern software
technology platform, Seibels, a Guidewire preferred BPO provider,
is able to strengthen its position in the marketplace as a
best-in-class insurance services provider of BPO solutions. This
foundation will enable Seibels to:
- Provide exceptional customer service by
offering clients access to technology powered by Guidewire.
Guidewire was identified as a leader in the January 2016 Gartner
“Magic Quadrant for P&C Insurance Policy Management Modules,
North America1”;
- Bring new products and product
enhancements to market more quickly;
- Provide enhanced data and analytics to
better understand results and drive business decisions;
- Provide a full featured multimedia
agency portal; and
- Provide unmatched self-service
capability to customers and their agents and policyholders.
To meet its objectives, Seibels selected Guidewire PolicyCenter®
as its new underwriting, rating, and policy administration system
and Guidewire BillingCenter® to manage its billing operations,
including agency and direct bill and commission calculations. These
products will replace the company’s internally-developed policy
administration and billing management systems. With these
selections, Seibels will be able to expand its BPO offering to
provide the benefits of Guidewire InsuranceSuite™ to its
customers.
Seibels selected Guidewire DataHub™ and InfoCenter as its new
data warehouse and business intelligence solutions, and Guidewire
Gateway Portal for Agents™ to provide agents with more self-service
functionality and greater collaboration capabilities. The company
also selected Smart Communications™ for customer communications
management2. Guidewire PartnerConnect Consulting member, Cynosure,
a boutique global consulting firm specializing in the
implementation of Guidewire InsurancePlatform™ products, will lead
the implementation.
“Guidewire’s long-term commitment to its products was attractive
to us,” said Nan Brunson, Vice President of Business Development,
Sales and Marketing, Seibels. “Selecting these additional Guidewire
products will provide us with improved growth opportunities and
increased functionality, credibility, and reliability.”
Dallas Covington, Vice President of Project Management Office,
Seibels, said, “Together, ClaimCenter, PolicyCenter, and
BillingCenter provide the core system foundation on which Seibels
will be able to grow our business efficiently and provide
innovative, best-in-class products to our customers.”
“We are honored that Seibels has entrusted us with their
Guidewire product implementations,” said Anupam Mittra, Senior
Director & Co-founder, Cynosure. “We look forward to helping
them transform their business and succeed in the rapidly-changing
insurance market.”
“We appreciate Seibels’ vote of confidence in Guidewire
InsurancePlatform and all it offers,” said Ken Shapiro, Group Vice
President, Americas Sales, Guidewire Software. “Seibels is well
positioned to become an agile, efficient, and technologically
advanced solution partner for their customers and we are excited to
be a key part of their BPO offering.”
About Seibels
The Seibels Bruce Group, Inc. (Seibels) offers the insurance
industry a suite of business process outsourcing (BPO) solutions
powered by Guidewire technology. Streamlined operations, improved
efficiencies and predictable, managed costs are just some of the
benefits clients receive when working with Seibels. By leveraging a
strong combination of insurance experience and industry-leading
technology, Seibels best-in-class insurance services allow risk
managers to simplify business processes and maximize opportunities
so they can focus on growth and development. Since its founding in
1869, Seibels has recognized the value of quality customer service,
strong client relations, continuous innovation and integrity. For
more information, please visit www.seibels.com. Follow us on
twitter: @SeibelsITS.
About Cynosure
Based in Jacksonville, Florida, Cynosure is a team of Guidewire
InsurancePlatform™ experts focused on simplifying core system
transformation for insurers. Cynosure was founded with the
objective of helping Guidewire Software® customers lower their
total cost of ownership. Leveraging its deep understanding of
Guidewire products, Cynosure delivers speed and efficiency to its
clients’ business operations. For more information about Cynosure,
visit CynosureInc.com or call (630) 481-7739.
About Guidewire Software
Guidewire delivers the software that Property/Casualty (P/C)
insurers need to adapt and succeed in a time of rapid industry
change. We combine three elements – core operations, data and
analytics, and digital engagement – into a technology platform that
enhances insurers’ ability to engage and empower their customers
and employees. 260 P/C insurers around the world have selected
Guidewire. For more information, please visit www.guidewire.com.
Follow us on twitter: @Guidewire_PandC.
1 Magic Quadrant for Property and Casualty Insurance Policy
Management Modules, North America; Published: 25
January 2016 ID: G00273868, Gartner, Inc.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
2 Guidewire is a reseller of Smart Communications, a Guidewire
PartnerConnect™ Solution and Ready for Guidewire program
member.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161019005388/en/
Guidewire Software, Inc.Diana Stott, +1-650-356-4941Director,
Communicationsdstott@guidewire.comorSeibelsStacey Cohl,
+1-803-748-2040Marketing Communications
Specialiststacey.cohl@seibels.comorCynosureSid
Wadhwa, +1-773-454-8839CEO and
Co-Founderswadhwa@cynosureinc.com
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