LV=, the trademark of the UK-based Liverpool Victoria Friendly Society Limited, announced it will use Guidewire's ClaimCenter software as the claims handling platform for the company's home and motor lines.
Guidewire ClaimCenter, a program created by the property/casualty software provider Guidewire, is a claims system designed to facilitate the entire claims process from litigation to recovery. The software will enable the company to manage and process claims more quickly, reduce claims leakage and protect against fraud, LV= says. The company also said it plans to extend the use of the software into other lines of business.
“Guidewire ClaimCenter provides our handlers with a state-of-the-art claims system that will enable them to efficiently and consistently process claims in accordance with our best practice standards and reduce administration, freeing them to focus their expertise on enhancing the service to our customers," said Peter Horton, LV= operations director. "ClaimCenter’s modern technology platform, ease of configuration and comprehensive functionality are well suited to our needs.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access