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Guidewire’s PolicyCenter Solution Profiled in Novarica’s Vendor Solution Review


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© Business Wire 2009
2009-11-04 14:17:03 -

Guidewire Software, a leading provider of flexible core systems to property/casualty insurers, today announced that the company’s PolicyCenter policy administration and underwriting solution has been profiled in the recent “Vendor Solution Review” (VSR) report from Novarica. In addition to a review of PolicyCenter’s functionality and technology, the report highlights PolicyCenter’s “remarkable market acceptance” as well as its “stellar references.”


The Novarica VSR is an in-depth 12-page review of Guidewire PolicyCenter ® based on detailed RFI responses, review of documents, directed demos, Guidewire client interviews, and the expert opinion of Novarica’s principals. A copy of the report can be downloaded at: www.guidewire.com/novarica-vsr_policycenter : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

“We are pleased to include Guidewire’s PolicyCenter among the first subjects of our Vendor Solution

Reviews,” commented Chad Hersh, principal with Novarica and lead reviewer and primary author of the PolicyCenter VSR. “It has been a great experience getting under the hood of PolicyCenter to provide such an in-depth and independent report to assist insurers as they work through the process of system evaluation and selection.”

In addition to noting that PolicyCenter is designed to handle most personal and commercial lines, the report also highlights that the solution is well suited for carriers whether they are employing a best-of-breed IT strategy or interested in a suite given the availability of companion products BillingCenter and ClaimCenter. The report compliments the well-designed navigation and screen layout of the user interface (UI) that is common with other Guidewire suite products.

PolicyCenter was also recognized for providing visual tools for managing the UI and workflow as part of its rich configuration facilities, with the report noting only a handful of solutions offering comparable capabilities.

“We are gratified to receive Novarica’s positive review of PolicyCenter,” said Marcus Ryu, vice president, Strategy and Products, Guidewire Software. “We are especially appreciative of the high marks our clients gave us as a company. We work very closely with our customers and actively solicit their feedback to ensure that we stay on a path of continuous improvement.”


PolicyCenter customers include: American Family, Amica, CNA, Co-operators, Guild, Sentry, and Suncorp.


About Guidewire Software

Guidewire Software is a leading provider of flexible core systems that enable property/casualty insurers to deliver insurance the way they want to. Guidewire builds high quality software that consistently works as promised. Designed for maximum flexibility and scalability, Guidewire solutions give carriers the capability to deliver excellent service to policyholders and agents and increase market share – while lowering operating costs. The Guidewire Insurance Suite™, consisting of Guidewire PolicyCenter ® , Guidewire BillingCenter ® , and Guidewire ClaimCenter ® , spans the entire insurance lifecycle – underwriting, policy administration, billing, and claims management.

Guidewire is headquartered in San Mateo, California, with offices in Hong Kong, London, Munich, Paris, Sydney, Tokyo, and Toronto. For more information, visit www.guidewire.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire PolicyCenter, Guidewire BillingCenter, Guidewire Insurance Suite, and the Guidewire logo are trademarks or registered trademarks of Guidewire Software, Inc.



Diana StottPublic Relations ManagerGuidewire Software, Inc.+1

(650) 356 4941 dstott@guidewire.com : mailto:dstott@guidewire.com


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Hossam Abdel-Kader
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