Insurance Corp. of British Columbia has selected Guidewire PolicyCenter as its new underwriting and policy administration solution. Ernst & Young, a Guidewire PartnerConnect alliance member, has been selected to lead the implementation project.
After deploying ClaimCenter as its end-to-end claims management system, Insurance Corp. of British Columbia (ICBC) will work toward implementing PolicyCenter in an effort to modernize its policy administration system infrastructure and business processes, Guidewire said. The insurer is seeking to take advantage of new technologies to better serve its customers and brokers, update and improve its products and pricing, and introduce new industry standard offerings, Guidewire said.
PolicyCenter will enable ICBC to roll-out improvements to its products and pricing; modernize the sales process and make it easier to do business with ICBC; introduce industry standard offerings and take advantage of technologies; and enhance operational efficiencies by automating manual tasks, Guidewire said.
