ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CORRECTING and REPLACING SAISON Auto & Fire Insurance Introduces Guidewire to Modernize Claims Operations in the Cloud

In second paragraph, first sentence of release issued July 22, 2024, name of President and CEO of SAISON Auto & Fire Insurance should read: Katsuhito Nakagawa (instead of Katsushi Nakagawa).

The updated release reads:

SAISON AUTO & FIRE INSURANCE INTRODUCES GUIDEWIRE TO MODERNIZE CLAIMS OPERATIONS IN THE CLOUD

SAISON AUTOMOBILE AND FIRE INSURANCE COMPANY, LIMITED ("SAISON Auto & Fire Insurance"), a direct non-life (P&C) insurance company and part of the Sompo Group, and Guidewire (NYSE: GWRE) today announced that SAISON Auto & Fire Insurance is leveraging Guidewire ClaimCenter as its new management system for insurance claims operations. The company implemented ClaimCenter on Guidewire Cloud for the personal auto insurance space. The implementation project was led by Capgemini, a Global Premier member of the Guidewire PartnerConnect consulting program.

Katsuhito Nakagawa, President and CEO of SAISON Auto & Fire Insurance, said: "As our company has grown, the number of claims has been increasing year on year, and we needed to respond appropriately. We chose ClaimCenter running on Guidewire Cloud because we believed it would be flexible and scalable enough to respond quickly to our customers' needs and ensure long-term business success. We run an e-commerce-based business, and the Guidewire Cloud infrastructure is literally our lifeline for our continued and stable business operations. We are delighted to be the first Guidewire customer in Japan to run the solution on Guidewire Cloud."

Nakagawa continues: "We expect that the transfer of system maintenance to Guidewire will simplify the IT operations involved in claims. It has also allowed us to stay up to date with the latest technologies related to claims operations that will enhance our business and systems. Guidewire Cloud enables you to leverage the capabilities of ClaimCenter through easy integration with best-in-class insurtech solutions that are part of the Guidewire Marketplace and PartnerConnect ecosystem. We will accelerate our digital transformation, streamline our workflows, and deliver more value to our customers."

Finally, Nakagawa concludes as follows: "As the transition to Guidewire ClaimCenter progresses, we expect to standardize business processes and strengthen management functions, which will enable faster incident response and improve productivity, as well as improve quality by improving customer satisfaction and reducing complaints."

Hiroyasu Hozumi, Managing Director of Capgemini Japan, said, “Technology plays a central role in both digital and sustainability transformations as it creates opportunities to make products, services and operations smarter. At Capgemini, we see cloud as a foundation for organisations to digitally transform. By leveraging the right technology solutions with global best practices, we aim to co-create business value with our clients to increase operational productivity and efficiency in Japan. We look forward to scaling new heights with the inaugural deployment of ClaimCenter together with Guidewire Cloud and SAISON Auto & Fire Insurance.”

Christina Colby, Chief Customer Officer at Guidewire, said: "We congratulate SAISON Auto & Fire Insurance on their more-than-41-year service history and congratulate them on their future-proof successful implementation of ClaimCenter on Guidewire Cloud. As SAISON pursues its mission to create a world where digital insurance experiences are the norm, we are excited to see ClaimCenter serve as the technology foundation for their claims operations. SAISON Auto & Fire Insurance will continue to provide products and services that customers choose for their ease of use as a 'direct insurance company' that connects directly with customers by utilizing the functions of ClaimCenter, and will further support the realization of a rich life for customers."

About SAISON Auto Fire Insurance Co., Ltd.

SAISON Auto & Fire Insurance Co., Ltd. offers a wide range of non-life insurance products, including automobile insurance, as well as property compensation services such as accident response, vehicle repairs, and various road assistance. For more information, see https://www.ins-SAISON.co.jp/.

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. ​We combine digital, core, analytics, and machine learning to deliver our platform as a cloud service. More than 540 insurers in 40 countries, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with more than 1,600 successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

For more information, please visit http://www.guidewire.com/ and follow us on X (formerly known as Twitter) and LinkedIn.

Note: Guidewire's trademark information can be found here. https://www.guidewire.com/legal-notices

Contacts

Albert Lin

Public Relations Manager

Guidewire Software, Inc.

+1.415.205.4214

allin@guidewire.com

Recent Quotes

View More
Symbol Price Change (%)
AMZN  249.10
+0.70 (0.28%)
AAPL  275.25
+5.82 (2.16%)
AMD  237.52
-6.46 (-2.65%)
BAC  53.63
+0.21 (0.39%)
GOOG  291.74
+1.15 (0.40%)
META  627.08
-4.68 (-0.74%)
MSFT  508.68
+2.68 (0.53%)
NVDA  193.16
-5.89 (-2.96%)
ORCL  236.15
-4.68 (-1.94%)
TSLA  439.62
-5.61 (-1.26%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.