Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., has selected InsuranceSuite as its platform for underwriting, rating and policy administration, claims management, and billing. InsuranceSuite is a product of Guidewire Software Inc., a provider of software products to P&C insurers. The company also selected Guidewire Client Data Management for a comprehensive customer view across underwriting, policy administration, claims, and billing processes.
Guidewire said InsuranceSuite was designed using a modular approach, enabling insurers to select individual applications (Guidewire PolicyCenter, Guidewire BillingCenter, and Guidewire ClaimCenter) or a pre-integrated set, driven by requirements and priorities. The suite delivers products and service to policyholders and agents, while improving underwriting discipline and lowering operational costs.
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