BearingPoint, Inc. (NYSE: BE), one of the world’s largest management and technology consulting firms, and Guidewire Software®, a leading global provider of solutions to property and casualty and workers' compensation insurers, today announced that they have completed the seven-month implementation of a new claims system for CompWest Insurance Company, a San Francisco-based provider of workers’ compensation insurance serving the Western United States.
The BearingPoint team, working with Guidewire, leveraged its tested, proprietary delivery framework templates and project accelerators to deliver the ClaimCenter project on time. BearingPoint implemented Guidewire ClaimCenter®, a 100% Web-based claims system, to enable CompWest to better manage costs and drive efficiencies associated with claims handling and processing. The system will allow CompWest to expand adjusting capabilities, maximize operational efficiency, improve overall cost-effectiveness and focus on the care of injured workers. In addition, BearingPoint will host the ClaimCenter application, enabling more efficient maintenance of the solution
“We are very happy with the success of the ClaimCenter implementation,” said Mike Knibbs, Director of Information Technology at CompWest. “Our users are very pleased with the new system, and the new capabilities it provides.
“This implementation was a notable success for CompWest, Guidewire, and BearingPoint,” said Russ Riggen, managing director at BearingPoint. “This Guidewire implementation project is the first led by a management and technology consulting firm to go into production. The project was fully completed in seven months.”
“BearingPoint is a valued Guidewire systems integrator. It is through their dedication and expertise, and our joint collaboration, that CompWest is today enjoying its new claims system,” said Priscilla Hung, vice president, alliances and corporate development, Guidewire Software. “We congratulate BearingPoint and CompWest on their successful ClaimCenter implementation.”