Guidewire Software, a provider of flexible core systems toproperty/casualty insurers, announced the availability of GuidewireBillingCenter 3.0, the latest version of its comprehensive billingsystem for all lines of property/casualty insurance.
|The latest release of BillingCenter offers:
|? Flexible billing options, including: direct, agency, accountcurrent, group, list, mortgagee, and collection agency billing;
|? Policy-level to account-level bill transitioning for improvedcustomer service and reduced operating costs; and
|? Improved producer satisfaction with detailed commission andmulti-agency bill statements.
|Other enhancements include: charge groups for more control overthe management of individual charges on a policy; ad hoc credits,which allow the easy posting of a credit to an insured or otherparty's account; and multi-payer/multi-location billing offersincreased flexibility to insureds looking to divide premium due ontheir account across multiple payers.
|"BillingCenter 3.0 provides business value through improvedcustomer retention, enhanced policyholder and producerrelationships, and reduced operational costs," says Marcus Ryu,vice president, strategy and products for Guidewire. "InBillingCenter 3.0, insurers have a single system with which theycan truly run their billing operations the way they envision."
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