MiddleOak Selects Guidewire Solution for Underwriting and Policy Administration
Business Wire, Inc. |
Guidewire PolicyCenter®to enable speed to market, improve agent ease of doing business and increase operational efficiencies
MiddleOak needed a flexible system that would enable it to get product updates to market quickly, and with higher quality. The company wanted to become easier for independent agents to work with, and they wanted to reduce the number of manual tasks staff had to perform during the course of their work to save both time and money and free them up to better serve customers and agents.
“We were looking for a system that would allow us to take control of our own destiny and make product changes and system upgrades ourselves - how and when we wanted,” said
“The deciding factors which led us to select Guidewire PolicyCenter were Guidewire’s implementation process, the caliber of its people, and the degree of success the company has had with past deployment projects,” continued Tarryk. “We are confident that Guidewire will help us transform our underwriting and policy administration operations based on its impressive track record and focus on customer success.”
PolicyCenter will enable MiddleOak to:
- Readily and independently make system changes to bring new products to market more quickly and with higher quality to better keep pace with changing business and technical demands;
- Increase the ease of doing business for agents, enabling them to quote business more quickly and accurately via the system’s quote option;
- Enhance operational efficiency through proactive workload management and the automation of formerly manual tasks; and
- Improve data analytics and real-time reporting capabilities.
“We are honored to welcome MiddleOak to the Guidewire family,” said
Guidewire PolicyCenter is a flexible underwriting and policy administration system that enables property/casualty insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers. Designed to support both commercial and personal lines, 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.
About MiddleOak®
MiddleOak provides auto, home, umbrella, business, flood, watercraft and specialty insurance in selected states through
About
NOTE: Guidewire,
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Copyright: | Copyright Business Wire 2012 |
Wordcount: | 699 |
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