Residential and recreational specialty insurance provider American Modern Insurance Group has implemented Guidewire PolicyCenter and Guidewire BillingCenter software products from Guidewire Software.
Guidewire Software chief delivery officer Mike Polelle said: “We applaud American Modern on their success with Guidewire products and look forward to other successful milestones in their journey to adapt and succeed in today’s rapidly-changing insurance marketplace.”
American Modern also launched Guidewire DataHub and InfoCenter as its new data management and business intelligence solutions. Together, PolicyCenter, BillingCenter, DataHub, and InfoCenter provide agent partners with a more advanced product suite and user-friendly experience.
As part of the first deployment, American Modern has rolled out eleven different personal lines products for three states, with additional rollouts scheduled across all 50 states over the next few years.
American Modern chief actuary Stephen Russell said: “Implementing the Guidewire platform represents a significant milestone in our company’s long-term business transformation initiative.
“This new streamlined system will enable future growth for American Modern for years to come.”
Guidewire Core and Data products:
- Enhance operational efficiency, employee productivity, and collaboration throughout the organization to transform its business by standardizing on a modern software technology platform;
- Simplify the underwriting process by automating manual processes; and
- Increase responsiveness to changing business and technical requirements by bringing new products and product enhancements to market more quickly.
Guidewire PartnerConnect Consulting member, Ernst & Young worked with American Modern to lead the implementation.
Ernst & Young principal Brajesh Kumar said: “We are honored to help American Modern deploy these Guidewire software solutions. We look forward to watching them expand their business capabilities, ultimately empowering future growth.”