Guidewire Software, a provider of software solutions to property/casualty insurers, launched the latest version of its underwriting and policy administration system, PolicyCenter 7.0.

According to the Guidewire, with PolicyCenter 7.0 solution P/C insurers can improve customer focus, underwriting performance, operational efficiency, and business agility. The enhancements also include customers focus and reinsurance management.

Guidewire said the solution designed to support both commercial and personal lines, helps insurers streamline front and back office processes, from new business submission and quoting through policy renewals.

Guidewire PolicyCenter is a flexible underwriting and policy administration system that will allow property/casualty insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers.