The Exavalu Guide for Moving from Self-Managed Guidewire InsuranceSuite to the Guidewire Cloud Platform
The US-based professional liability insurance carrier for dentists wanted to offer a simple, integrated digital experience to its policyholders. Exavalu implemented Guidewire DigitalTM platform for the client, pairing the implementation with a redesign of our client’s website and the additional feature of 24/7 account access for the policyholders.
Our client wanted to accelerate underwriting risk score generation with improved accuracy but lacked the kind of automated scoring engine to eliminate the manual risk assessment process. The existing underwriting process was also not integrated with Guidewire PolicyCenter, resulting in inefficiencies across business operations.
In efforts to combat rising costs, decrease cycle time and streamline Total Loss and Salvage claims operations, the scope of this study was to examine and advise on alternative Total Loss and Salvage Claim processing solutions as well as identify process improvement opportunities for our client, a leading P&C insurance carrier in the United States.