Policy Administration

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Nationwide Expands Guidewire Relationship to Include Policy Admin and Billing

Already in the process of implementing Guidewire ClaimCenter, the insurer will become a full Guidewire InsuranceSuite customer with the deployment of Guidewire PolicyCenter and BillingCenter.

Nationwide Mutual Insurance (Columbus) has expanded an existing agreement with Guidewire (Foster City, Calif.) to become a full Guidewire InsuranceSuite customer. The insurer will use Guidewire PolicyCenter as its underwriting and policy administration system, and Guidewire BillingCenter for its property and casualty insurance lines. Nationwide is currently deploying Guidewire ClaimCenter for all P&C lines.

“Our commitment to our members and our agent partners is the number one reason we’re undergoing this transformation,” comments Mike Keller, executive VP and enterprise CIO, Nationwide. “InsuranceSuite will help us continue to enhance service and grow our business.”

Capabilities Nationwide expects to enjoy from Guidewire InsuranceSuite include the following:

- Ability to ring new products and product enhancements to market more quickly;

- Make it easier for independent and exclusive agents to acquire and service business more quickly and accurately;

- Enhance operational efficiency through proactive workload management and automation;

- Improve data analytics and real-time reporting capabilities

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio

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