PolicyCenter is designed to enable P&C insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers.
Guidewire says the system has supported KFB’s underwriting and policy administration processes for its personal auto line of business, and additional personal and commercial lines will be supported in the implementation.
More than 400 agents and their staffs in KFB’s local agencies are using PolicyCenter to collaborate more effectively with their state office underwriting team, says Guidewire, allowing them to concentrate on delivering the best service possible to member policyholders.
KFB already has realized significant benefits from using PolicyCenter, including faster quoting and applications, more efficient underwriting and improved competitiveness, Guidewire says.