Jewelers Mutual Insurance Co., a jewelry insurance company, has deployed Guidewire InsuranceSuite as its underwriting, policy administration, billing and claims platform for its personal lines business. InsuranceSuite is a product of Guidewire Software Inc., a provider of core system software to P&C insurers.
Guidewire says that, as part of a business transformation, Jewelers Mutual selected InsuranceSuite to provide a strong technology platform to increase its flexibility and operational efficiency, and keep pace with business growth and demands for continuous improvement and system enhancements.
Jewelers Mutual installed a new data warehouse, reporting solution, and document production system; upgraded its document management solution; and rebranded its personal lines program, says Guidewire. Additionally, the company built and deployed a new e-commerce system that is integrated into InsuranceSuite, allowing for the sale of insurance products when jewelry is purchased.
Guidewire adds that InsuranceSuite is enabling Jewelers Mutual to achieve the agility needed to expand its product portfolio into new geographic regions; increase the productivity of its current staff; make product changes quickly to increase responsiveness to the market; and enhance operational efficiency across the organization.
