News

Advanced Search

Jewelers Mutual Extends its Core System Software Suite

Aug 19, 2011 2:05 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Jewelers Mutual Insurance Company extended its Guidewire InsuranceSuite implementation to include Guidewire Reinsurance Management in order to manage its ceded reinsurance processes. The automation software suites are products of Guidewire Software.

Jewelers Mutual is  implementing all core InsuranceSuite applications for its internal lines of business, and will subsequently extend those new options to its commercial  operations. The addition of Guidewire Reinsurance Management™ will enable Jewelers Mutual to:

  • Ensure adequate reinsurance is in place with automated retention testing
  • Enhance operational efficiency through automation of ceding processes
  • Easily see applicable protections for each risk in Guidewire PolicyCenter; and
  • Reduce recoverable leakage with automatic notification and tracking of reinsurance in Guidewire ClaimCenter as part of claims handling.

     

    ''We selected Guidewire InsuranceSuite to help us manage our business growth in the coming years and we see reinsurance management as an added tool to help us do that effectively,'' said Darwin Copeman, president of Jewelers Mutual. ''Guidewire Reinsurance Management will enable us to extend our capabilities to ensure that we fully leverage all recovery and operational efficiency opportunities and reduce our unintended risk exposure.”

     

  • Tags: guidewire, Jeff Miller, software, suite
    Similar Articles
    GIA treated green-yellow diamond Apr 2021‘Peculiar’ Coloring Helps GIA Spot Treatment
    Apr 08, 2021
    The Gemological Institute of America (GIA) has identified a fancy-color diamond containing rare lines of blue, positing
    Comments: (0)  Add comment Add Comment
    Arrange Comments Last to First
    © Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
    While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.