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Hiscox UK Selects Guidewire Predictive Analytics

Hiscox UK Selects Guidewire Predictive Analytics

Specialist insurer will expand data-driven decision making capabilities
LONDON U.K. and FOSTER CITY, 25 abril, 2016

Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced it has entered into a long-term services agreement with international specialist insurer Hiscox (LSE: HSX). Hiscox will utilise Guidewire’s SaaS-based predictive analytics system, Guidewire Predictive Analytics™, to continue to drive profitable growth in its UK and Ireland retail product lines.

"We were pleased that our proof of concept, in which we used predictive analytics to analyse the health of the book, found we might expect a significant return on our initial investment," said Dan Bishop, Head of Pricing at Hiscox UK. "Deploying the solution will simplify the process of incorporating complex rates live into the business and it will set the stage for advanced analytics utilisation in other areas such as underwriting."

"In the UK and Ireland," Bishop added, "we expect to use predictive analytics to move to a data-driven portfolio underwriting approach. At the individual policy level, insights provided by predictive models and displayed on Predictive Analytics' dashboards will provide enhanced levels of decision-making support to our underwriting and pricing teams."

"We are honoured to become the predictive analytics provider of choice for Hiscox UK," says Wade Bontrager, vice president, Predictive Analytics, Guidewire. "Specialist insurers like Hiscox play a vital role in protecting people, property and businesses, and the premium growth Hiscox is experiencing proves their success at doing that. We look forward to partnering with Hiscox to achieve and exceed their goals through data-driven decision making."

Sobre Guidewire

Guidewire es la plataforma en la que las compañías de seguros generales confían para comunicarse, innovar y crecer de manera efectiva. Combinamos digital, core, el análisis y la inteligencia artificial en nuestra plataforma como servicio en la nube. Más de 400 aseguradoras, desde nuevas empresas hasta las más grandes y complejas del mundo, funcionan con Guidewire.

Como socio de nuestros clientes, evolucionamos continuamente para garantizar su éxito. Estamos orgullosos de nuestro historial de implementación sin igual, con más de 1,000 proyectos completados con éxito, respaldados por el equipo de I + D más grande y el ecosistema de socios más amplio de la industria. Nuestro marketplace tiene cientos de aplicaciones que aceleran la integración, localización e innovación.

Para obtener más información, visite nuestro sitio web www.guidewire.fr. Síguenos en Twitter: @Guidewire_PandC.

Contacto de prensa

Contacto

Email: pr@guidewire.com

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