CompSource Oklahoma, a workers' compensation insurer, has selected Guidewire InsuranceSuite, including Guidewire Client Data Management, as its new underwriting and policy administration platform for rating, billing, claims and customer contact management. PwC US, a Guidewire PartnerConnect alliance member will work on the implementation with CompSource.
“CompSource is committed to being a valuable resource to the Oklahoma business community and providing policyholders, agents and injured workers with exceptional customer service,” said Jason Clark, CompSource president and CEO. “In order to successfully execute our vision going forward, we needed to increase our operating efficiency and technological capabilities through a system conversion. We ultimately selected Guidewire as our business partner because we were impressed with the depth and breadth of InsuranceSuite’s features and functionality as well as with the knowledge and dedication of the Guidewire team.”
CompSource selected Guidewire InsuranceSuite to help improve operational efficiencies and maintain high levels of service to policyholders and agents, Guidewire said, and the application is designed to enable CompSource to:
- Offer options that best suit customer communications preferences
- Increase efficiencies by standardizing policy administration, billing management and claims handling processes on a common platform
- Address Compsource’s requirements by leveraging configurable features and functionality
“We are pleased to welcome CompSource Oklahoma to the Guidewire family as an InsuranceSuite customer,” said Jeremy Henrickson, Guidewire’s VP of product development. “We recognize CompSource Oklahoma’s commitment to its customers, and we look forward to working with them to help them meet their business and IT objectives through this project.”
