Guidewire Data products to enable leading national insurer to leverage insights to better respond to policyholders
Nationwide, one of the largest insurance and financial services companies in the United States, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced that Nationwide has expanded its commitment to Guidewire products by selecting Guidewire DataHub™ and InfoCenter to support its P&C data and analytics strategies.
Nationwide selected DataHub and InfoCenter to transform its commercial lines of business, beginning with business auto, complementing their earlier selection of Guidewire InsuranceSuite™ and the complete set of Guidewire Digital Portals™. The company has been in production with Guidewire core systems since 2013.
“We very much appreciate the strong long-term relationship we have developed with Guidewire through the journey of claims, personal lines, and now commercial transformation,” said Tammy Craig, Nationwide’s Senior Vice President and Chief Information Officer, Commercial Lines and Agency. “We look forward to working with Guidewire to continue to extend product support into the commercial lines business with DataHub and InfoCenter.”
DataHub and InfoCenter will enable Nationwide to:
- Improve the ease of doing business for staff by providing them with robust operational reporting capabilities to access reports and conduct queries independently;
- Better map and convert data through the full InsuranceSuite product line; and
- Provide a single view of data to users across the organization, including claims, finance and underwriting.
“Integration on any project is the hardest and most expensive thing to do and maintain. The fact that DataHub and InfoCenter are pre-integrated and evolve with Guidewire core systems was a huge attraction for us. Having core systems, data, and analytics products from the same provider will significantly increase our operational visibility, and allow our users to quickly retrieve data and generate actionable business insights in order to be more responsive to our customers and business partners,” said Stephen Byrne, Associate Vice President, Commercial Lines Transformation, Nationwide.
Byrne added, “As evidenced by their recent acquisition of EagleEye Analytics, we are encouraged that moving to DataHub and InfoCenter now will position Nationwide to benefit from the work Guidewire is doing in the data and analytics area.”
“We are pleased that Nationwide has continued its adoption of Guidewire InsurancePlatform™,” said Steve Sherry, Senior Vice President, Worldwide Sales, Guidewire Software. “We are honored to expand our collaboration with them and look forward to helping them realize their goal of gaining access to insights and data from across their business.”
Guidewire delivers the software that Property/Casualty (P/C) insurers need to adapt and succeed in a time of rapid industry change. We combine three elements – core operations, data and analytics, and digital engagement – into a technology platform that enhances insurers’ ability to engage and empower their customers and employees. 260 P/C insurers around the world have selected Guidewire.