Guidewire Software, Inc., a provider of solutions for property/casualty insurers, has announced the release of Guidewire PolicyCenter 3.0, a comprehensive all-lines underwriting and policy administration system.
Guidewire PolicyCenter 3.0 is a Web-based system of record optimized to: make it easier for producers to do business with insurance carriers with responsive collaboration, improve underwriting results leveraging business-rules-driven automation and process management, and bring new products to market quickly through core policy system flexibility.
This third major release of PolicyCenter consolidates a large number of refinements reflecting implementation and production experiences of insurers engaged in an early customer program over the past three years.
"Our job at Guidewire is to ensure our customers have the best business technology solutions possible to address the challenges of optimizing their mission-critical core operations in a fiercely competitive, ever-changing environment," says Ken Branson, vice president, engineering, Guidewire Software. "PolicyCenter 3.0 brings us a big step closer to achieving this, and with ongoing support and input from leading insurers, we will continue to refine and enhance all of our products to ensure they are the best they can be."