UK car insurer Admiral Group has announced plans to implement policy administration, underwriting and billing systems from Guidewire, Inc. It will use Guidewire PolicyCenter for policy administration and Guidewire BillingCenter for billing operations.
Admiral earned its reputation as innovative when it became the first UK insurer to provide MultiCar insurance. It selected PolicyCenter and BillingCenter in its plan to implement a modern and flexible technology platform that will efficiently bring products to market.
[ More Guidewire news: American Modern Chooses Guidewire for Data Management, Business Intelligence. ]
The two systems will allow Admiral to quickly implement product and system changes. Employees can easily configure the features of each solution to address specific business requirements and future innovations. Admiral will also be able to maintain consistent and accurate policy administration and billing operations.
“We were looking for policy and billing systems that would allow us to make product changes quickly and easily,” said Charlotte Bennett, head of IT at Admiral Group, in a statement. “The out-of-the-box functionality and flexible architecture provided by PolicyCenter and BillingCenter will enable us to develop and change our products faster.”
[To hear about how insurance companies and financial firms are managing their complex data architectures, attend the Future of the Financial Services Data Center panel at Interop 2014 in Las Vegas, March 31-April 4.
You can also REGISTER FOR INTEROP HERE.]
Kelly Sheridan is Associate Editor at Dark Reading. She started her career in business tech journalism at Insurance & Technology and most recently reported for InformationWeek, where she covered Microsoft and business IT. Sheridan earned her BA at Villanova University. View Full Bio