Frankenmuth Insurance Picks Guidewire

Frankenmuth Insurance, a Michigan-based P&C insurer, has selected Guidewire InsuranceSuite as its new policy administration, claims management, billing, client data management, reinsurance, rating and underwriting platform. Frankenmuth also will use Guidewire DataHub to support its data management needs. PwC US, a Guidewire PartnerConnect Consulting member, also will work on the implementation project with Guidewire.

“We selected Guidewire because we wanted a tightly integrated suite of products to improve operational effectiveness and efficiency while improving customer service through a client-centric view of policyholder information,” said Philip McCain, VP of IT for Frankenmuth Insurance. “We were impressed with Guidewire’s product maturity, market share, and track record of successful implementations and believe our strategic partnership will assist Frankenmuth in achieving our core purpose, ‘To Provide Peace of Mind’ for years to come.”

By updating its systems, Frankenmuth Insurance intends to simplify its infrastructure, reduce system maintenance costs, Guidewire said. Frankenmuth first will deploy InsuranceSuite to its commercial lines, then shift to personal lines operations.

Nationwide recently deployed Guidewire for policy administration, and Hastings Mutual announced a contract with the software vendor.

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Core systems Policy adminstration
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