Guidewire and Verisk Insurance Solutions Announce Growing Adoption of ISO Electronic Rating Content
Guidewire is experiencing growing adoption among its customers, with 17
recent PolicyCenter customers electing to use Standards-based Templates
based on ISO ERC as their direct source of rating content for commercial
lines, including workers compensation. A few recently announced
customers selecting Guidewire Standards-based Templates include
“ISO ERC has been gaining traction in the market,” said
Karlyn Carnahan,
research director, Celent. “With the industry in the midst of a digital
revolution, we see ISO ERC as providing the electronic method needed to
help get products and rate changes to market more quickly and
cost-effectively. This ongoing investment by
“ISO Electronic Rating Content is helping our customers lower costs, realize efficiencies, and reduce risk in today’s rapidly changing world of digitization and risk management,” said
Beth Fitzgerald, president of ISO Solutions. “Guidewire, a longtime strategic business partner, has seen growing ISO ERC adoption, and we’re excited that they’re helping insurers implement our content digitally across the property/casualty insurance industry.”
“As a technology company, we firmly believe that automation through intelligent software design saves enormous time and expense,” said
Marcus Ryu, chief executive officer,
Verisk and its ISO business are members of the Guidewire PartnerConnect™ Solution program, a network of select companies that provide complementary software, technology, data, and insurance support solutions to enhance and extend the capabilities of Guidewire products. Guidewire is also a member of Verisk Strategic Alliances and licenses a wide variety of ISO data, information, and related products.
Learn more about ISO ERC at www.verisk.com/iso/ercsuite and about Guidewire PolicyCenter at https://www.guidewire.com/products/policycenter.
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About
Guidewire delivers the software that Property/Casualty insurers need to adapt and succeed in a time of rapid industry change. We combine three elements—core operations, data and analytics, and digital engagement—into a technology platform that enhances insurers’ ability to engage and empower their customers and employees. More than 200 P/C insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.
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