ACI Worldwide & Guidewire Improve Premium Payment & Claims Disbursement Experience, Driving Consumer Loyalty for Property & C...
March 23 2020 - 8:00AM
Business Wire
ACI’s Ready for Guidewire validated
accelerators provide policyholders with more convenient ways to pay
bills, increasing satisfaction and improving security
ACI Worldwide (NASDAQ: ACIW), a leading global provider of
real-time electronic payment and banking solutions, and Guidewire
Software, Inc. (NYSE:GWRE), provider of the industry platform that
Property and Casualty (P&C) insurers rely upon, today announced
that ACI’s Ready for Guidewire validated accelerators for
BillingCenter and ClaimCenter are now complete. P&C insurers
can quickly integrate ACI Speedpay with the full Guidewire
InsuranceSuite platform including PolicyCenter, BillingCenter and
ClaimCenter, providing their policyholders with easier ways to pay
their bills and receive payments.
ACI is one of the first Guidewire payment affiliates to serve
the entire policyholder journey—from the initial policy binder
deposit, to monthly premium bill payments, through to claim
disbursements—while easing the burden of PCI compliance for P&C
insurers. The ACI Speedpay Guidewire accelerators for PolicyCenter,
previously announced in June 2019, and the new BillingCenter
accelerator enable P&C insurers to securely accept popular
payment methods, including credit cards, debit cards and ACH for
one-time or recurring payments. The ClaimCenter accelerator allows
insurers to disburse claim payments in real time to recipients via
ACH and Push-to-Debit (Visa Direct and MasterCard Send).
“We’re pleased to see the completion of ACI’s Ready for
Guidewire BillingCenter and ClaimCenter accelerators as insurers
can now integrate ACI Speedpay with InsuranceSuite,” said Becky
Mattick, vice president, Global Solution Alliances, Guidewire
Software. “ACI Speedpay provides policyholders with many ways to
pay insurers, whether through an agent or via mobile, web or mail.
The completion of the ClaimCenter and BillingCenter accelerators
facilitates insurers’ ability to provide the claims disbursements
and payments flexibility that policyholders need.”
“P&C insurers need to optimize their most frequent customer
touchpoints, including billing, payments and claims in order to win
customers and gain loyalty,” said Sanjay Gupta, executive vice
president, ACI Worldwide. “With the completion of ACI’s Ready for
Guidewire validated accelerators, insurers can drive consumer
loyalty though improved satisfaction with the billing and payments
process, increased savings and enhanced security.”
ACI Speedpay solutions provide insurers with the modern billing
and disbursement options their policyholders expect—all in a
single, integrated payments hub. By offering faster payment and
disbursement options to policyholders in their preferred channels,
carriers can improve the entire payment lifecycle, which lowers
cost while delivering industry-leading security.
About ACI Worldwide
ACI Worldwide, the Universal Payments (UP) company, powers
electronic payments for more than 5,100 organizations around the
world. More than 1,000 of the largest financial institutions and
intermediaries, as well as thousands of global merchants, rely on
ACI to execute $14 trillion each day in payments and securities. In
addition, myriad organizations utilize our electronic bill
presentment and payment services. Through our comprehensive suite
of software solutions delivered on customers’ premises or through
ACI’s private cloud, we provide real-time, immediate payments
capabilities and enable the industry’s most complete omni-channel
payments experience. To learn more about ACI, please visit
www.aciworldwide.com. You can also find us on Twitter
@ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2020
ACI, ACI Worldwide, the ACI logo, ACI Universal Payments, UP,
the UP logo and all ACI product/solution names are trademarks or
registered trademarks of ACI Worldwide, Inc., or one of its
subsidiaries, in the United States, other countries or both. Other
parties' trademarks referenced are the property of their respective
owners.
Product roadmaps are for informational purposes only and may not
be incorporated into a contract or agreement. The development
release and timing of future product releases remains at ACI’s sole
discretion. ACI is providing the following information in
accordance with ACI's standard product communication policies. Any
resulting features, functionality, and enhancements or timing of
release of such features, functionality, and enhancements are at
the sole discretion of ACI and may be modified without notice. All
product roadmap or other similar information does not represent a
commitment to deliver any material, code, or functionality, and
should not be relied upon in making a purchasing decision.
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version on businesswire.com: https://www.businesswire.com/news/home/20200323005022/en/
Dan Ring E-mail: dan.ring@aciworldwide.com Phone:
781-370-3600
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