Guidewire Software Inc. announced the release of Guidewire ClaimCenter 5.0, the latest version of the web-based claims system for P&C insurers.

The latest version of ClaimCenter enables Guidewire’s customers to improve their claims operations by improving efficiency and usability, measuring quality of service providers, reducing fraud, lowering costs with subrogation lifecycle function, and improving IT’s ability to complete system changes. ClaimCenter 5.0 delivers more than 25 major enhancements, including:

o Enhanced first notice of loss
o Score-based service provide management
o New assessments module
o Enhanced fraud detection
o New subrogation module
o New international capabilities
o Enhanced catastrophe management
o Automated claim archiving with real-time, on-demand restore
o New user interface
o New graphical configuration tools

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