The UK general insurer Aviva has selected Guidewire Software’s Guidewire PolicyCenter as its new underwriting and policy administration solution and Guidewire ClaimCenter as its new claims management system for its core UK Commercial Lines business.
Aviva UK will also be leveraging PolicyCenter for rating and reinsurance management.
Aviva will replace its existing claims and policy systems with this cohesive platform that will help streamline its underwriting, policy administration, and claims management operations for its UK general insurance operations.
“Finding the right partner to help us consolidate our existing underwriting, policy administration, and claims systems played a significant role in the selection process,” said Malcolm Simpkin, UK General Insurance CIO, Aviva UK.
Guidewire PolicyCenter enables general (Property/Casualty) insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers.
PolicyCenter helps insurers streamline front and back office processes, from new business submission and quoting through policy renewals. PolicyCenter is available as a standalone system or as part of Guidewire InsuranceSuite, and can be integrated to an insurer’s legacy systems or third party applications.
“Guidewire’s track record of implementation successes around the world combined with the robust architecture of PolicyCenter and ClaimCenter make a solid foundation with which Aviva can meet its strategic IT and business objectives. We are looking forward to bringing these capabilities to Aviva and the UK market,” said Jeff Proudfoot, managing director, Guidewire Software EMEA.