Jewelers Mutual Insurance, a company specializing in jewelry insurance in North America, has selected Guidewire's InsuranceSuite as its new platform for underwriting, policy administration, billing, and claims management.
Jewelers Mutual will be simultaneously implementing all core InsuranceSuite applications to first service its personal lines of business, and will subsequently extend the new functionalities to its commercial lines operations.
Guidewire said that its InsuranceSuite will enable Jewelers Mutual to: better respond to the unique needs of its policyholders and agents – with increased speed and accuracy; reduce time to market for new products; and improve data analytics and reporting capabilities.
The platform also enables insurer to enhance operational efficiency through automation across underwriting, policy administration, billing, and claims management processes.
Jewelers Mutual president and CEO Darwin Copeman said that as the core system partner, Guidewire will be instrumental to the Jewelers’ future success.