(1965 Chevrolet Chevelle Malibu SS restored by American Modern employees. Source: American Modern.)
American Modern Insurance Group (Amelia, Ohio), an underwriter of residential and recreational specialty insurance, has implemented Guidewire Software’s (Foster City, Calif.) PolicyCenter and BillingCenter core systems, as well as Guidewire DataHub and InfoCenter as its new data management and business intelligence solutions.
“Implementing the Guidewire platform represents a significant milestone in our company’s long-term business transformation initiative,” comments Stephen Russell, chief actuary, American Modern. “This new streamlined system will enable future growth for American Modern for years to come.”
Deployment of the systems will improve business agility and enable the carrier to provide its agent partners with a more advanced product suite and user-friendly experience, according to a vendor statement. As part of the first deployment, American Modern has rolled out eleven different personal lines products for three states, with additional rollouts scheduled across all 50 states over the next few years.
“We applaud American Modern on their success with Guidewire products and look forward to other successful milestones in their journey to adapt and succeed in today’s rapidly-changing insurance marketplace,” comments Mike Polelle, chief delivery officer, Guidewire Software.