Admiral Group plc (Admiral), one of the largest car insurance providers in the United Kingdom, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to general insurers, today announced that Admiral has selected Guidewire PolicyCenter ® as its new policy administration solution, and Guidewire BillingCenter ® to manage its billing operations.
As the first insurer in the UK to offer MultiCar insurance, Admiral is well-known in the industry for being innovative. The organization sought a flexible and modern technology platform, and selected PolicyCenter and BillingCenter to help enable it to bring products to market quickly and efficiently.
“We were looking for policy and billing systems that would allow us to make product changes quickly and easily,” said Charlotte Bennett, Head of IT, Admiral Group. “The out-of-the-box functionality and flexible architecture provided by PolicyCenter and BillingCenter will enable us to develop and change our products faster.”
“In addition, we were very impressed with how PolicyCenter and BillingCenter handled MultiCar insurance, the capabilities the systems provide for future innovation, as well as with the experience and dedication of the Guidewire team,” continued Bennett.PolicyCenter and BillingCenter will enable Admiral to:
- Increase operational efficiencies to more easily and quickly implement product and system changes;
- Easily configure the solutions’ features and functionality to address the organization’s specific requirements and innovations, while adopting out-of-the-box business best practices; and
- Standardize policy administration and billing practices for consistency and accuracy.