American Modern Selects Guidewire Solutions for Data Management and Business
Guidewire DataHub™ and InfoCenter to enable specialty insurer to leverage data
insights to help increase its responsiveness to its customers and business
AMELIA, Ohio & FOSTER CITY, Calif. -- January 14, 2014
American Modern Insurance Group (American Modern), a U.S. specialty insurer,
and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to
Property/Casualty (P/C) insurers, today announced that American Modern has
selected Guidewire DataHub™ and Guidewire InfoCenter™ to support its
enterprise-wide data management and business intelligence strategies.
Guidewire PartnerConnect™ alliance member, EY (Ernst & Young), has been
selected to work with American Modern on the implementation project.
American Modern is currently implementing Guidewire InsuranceSuite™ as part of
a broader business transformation initiative and will be implementing DataHub
and InfoCenter for its Personal Lines business. The organization selected
DataHub and InfoCenter to help make data easier to access and understand for
its customers, which includes both internal operations and agents. American
Modern wanted a data model that aligns with P/C industry standards and
best-practices and enables standardized documentation of its data to be
created and maintained.
“Ultimately, we expect that Guidewire DataHub and InfoCenter will give us a
single source of truth in terms of data,” said Bill Gottsacker, vice
president, Application Development, American Modern. “Our vision is to have
accurate, standardized data that is available at both a transactional and an
aggregated level in a centralized data repository. In addition, we look
forward to having an automated business intelligence solution that will allow
business users to quickly visualize data and generate actionable business
InfoCenter and DataHub will enable American Modern to:
*Improve the ease of doing business for agents, internal operations and
staff through the enhancement of self-service options that will enable
them to access reports and conduct queries independently;
*Obtain greater operational insight from its core systems and an
enterprise-wide view to fine-tune its business; and
*Better map and convert data into its new core systems.
“We see our information as one of the most valuable assets of the
organization. Our ability to readily harness insights from that information in
order to be more responsive to our customers and business partners is a
critical component in the achievement of our goals and strategies,” said Laura
Harris, vice president, Business Intelligence and Analytics, American Modern.
“The implementation of DataHub and InfoCenter will significantly extend the
predictive analytic capabilities of our organization, in particular in the
areas of customer retention, lifetime value, and new business conversion.”
“We are pleased that American Modern has selected Guidewire DataHub and
InfoCenter,” said Ken Branson, director of Product Strategy and co-founder,
Guidewire Software. “We are excited about partnering with them on this project
and helping them realize their goal of gaining access to insights and data
from across all their operations.”
Guidewire DataHub™ is an operational data store that unifies, standardizes,
and stores data from the typical patchwork of an insurer’s systems as well as
from external sources. This provides the single source of truth to feed core
systems, business intelligence solutions, and downstream systems such as
general ledger, regulatory, and tax reporting. DataHub decouples data
consumption from data production, thus insulating downstream data consumers
from changes in the behavior and configuration of upstream data producers.
With DataHub, insurers can more easily retire legacy systems, ensure business
continuity during core system transformation, and add new applications in the
Guidewire InfoCenter™ is a business intelligence warehouse optimized for the
Property/Casualty industry to provide information in easy to use formats for
business intelligence, analysis, and enhanced decision making. Pre-integration
with Guidewire products significantly reduces implementation time, risk and
maintenance overhead, allowing customers to focus on configuration for their
unique needs. It is compatible with a variety of industry-standard business
About American Modern Insurance Group
American Modern is widely recognized as a leading expert in the specialty
insurance business. With more than 48 years of experience in the manufactured
housing insurance sector, the company delivers specialized products and
services for residential property like mobile homes and specialty dwellings.
American Modern also offers specialty policies for consumers in the
recreational market, including owners of boats, personal watercraft, classic
cars, motorcycles, ATVs and snowmobiles.
In addition, manufactured home communities, dealers and landlords are well
served by American Modern's array of physical damage programs. The company’s
financial institutions division provides collateral protection, mortgage fire
and related products and services to protect financial institutions and their
American Modern's stability is reflected in its A+ (Superior) rating by the
A.M. Best Company and its selection for 14 consecutive years as one of the
Ward Group’s Top 50 property and casualty companies in America. It is licensed
in all 50 states through six property and casualty companies, insuring more
than 1.7 million policyholders countrywide.
The Cincinnati Business Courier recognized American Modern as a 2013 winner of
the Best Places to Work award based on employee surveys that measure employee
recognition, benefits, management effectiveness, and leadership
About Guidewire Software
Guidewire builds software products that help Property/Casualty insurers
replace their legacy core systems and transform their business. Designed to be
flexible and scalable, Guidewire products enable insurers to deliver excellent
service, increase market share and lower operating costs. Guidewire
InsuranceSuite™ provides the core systems used by insurers as operational
systems of record. Additional products provide support for data management,
business intelligence, anytime/anywhere access and guidance and monitoring.
More than 150 Property/Casualty insurers around the world have selected
Guidewire. For more information, please visit www.guidewire.com. Follow us on
NOTE:Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, Guidewire InsuranceSuite, Guidewire
PartnerConnect, Guidewire SolutionConnect, Guidewire Live, Live Inside, Before
& After, Claim Canvas, Viewpoint, Deliver Insurance Your Way, and the
Guidewire logo are trademarks, service marks, or registered trademarks of
Guidewire Software, Inc. in the United States and/or other countries.
Guidewire Software, Inc.
Diana Stott, +1 650-356-4941
American Modern Insurance Group
Joe David, +1 513-947-5413
Vice President, Marketing
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