Workers’ compensation insurer SAIF Corporation will implement Guidewire Software, Inc.’s full suite of policy administration products, the company announced today.

SAIF selected Guidewire BillingCenter to manage payment operations and PolicyCenter for underwriting. As part of the agreement, SAIF will also adopt Guidewire’s rating, data management and business intelligence platforms. The Oregon-based company will convert customers to its new systems upon policy renewal.

“We were attracted by Guidewire’s product maturity and the company’s long-term commitment to its products,” said Ken Collins, chief information officer, SAIF, in a statement.

PolicyCenter and BillingCenter will enable SAIF to increase speed to market, communicate more efficiently with agents and reduce overall costs, according to the companies.

“Leveraging PolicyCenter and BillingCenter will enable us to focus on our core mission, freeing us from having to maintain a fleet of custom systems,” said Bruce Hoffman, vice president, Underwriting Services, SAIF.

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