Daily Insurance Industry News
 
 
Daily Insurance Industry News
Wednesday 25th of April 2018
August 19, 2010

Insurance Australia opts for Guidewire’s ClaimCenter

by Gill Montia

Story link: Insurance Australia opts for Guidewire’s ClaimCenter

Insurance Australia Group Limited (IAG) has appointed Guidewire Software to supply the technology platform that will undergird its claims management operations.

According to Guidewire, ClaimCenter solution enables insurers to define, enforce and continually refine their preferred claims handling practices.

Already in use by general insurers of all sizes across all product lines, the firm claims the software can improve speed and accuracy, reduce loss adjustment expense and enable proactive management of claims.

IAG insures over 2.2 million homes and 5.5 million cars in Australia and deployment will commence with the group’s intermediated insurance business CGU, which typically manages 400,000 liability and personal insurance claims a year.

 

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