(Image source, La Segunda homepage.)
El Grupo Asegurador La Segunda, a multiline insurer based in Rosario, Argentina, has selected Guidewire Software (Foster City, Calif.) systems to modernize its technology environment and transform its business.
La Segunda has selected Guidewire InsuranceSuite, Guidewire Client Data Management, Guidewire Rating Management and Guidewire Business Intelligence for InsuranceSuite as its platform for policy administration, quoting, underwriting, billing, claims, rating, client data, and business intelligence. The insurer plans to implement the applications in various lines of business, starting with Automobiles and Personal Accidents.
“Guidewire’s product maturity, market share, and track record of successful implementations were important factors in our decision-making process,” comments Raul Iudica, CIO, La Segunda. “The implementation of the platform will offer both operational and simplification benefits. We are confident that with this strategic relationship, La Segunda will have the possibility of transforming and growing its activities, as well as improving the experience of our customers.”
“We were looking for a comprehensive solution that required minimal customization, so the out-of-the-box functionality of InsuranceSuite was especially attractive to us,” comments Andrés Valle, Head of Software Engineering and Innovation, La Segunda. “By selecting Guidewire, we will be able to build on the synergies and best practices learned throughout each phase of the implementation process.”
Among the benefits La Segunda anticipates from Insurance Suite are the following, as described by the vendor:
- Increase business agility by minimizing custom development and multi-phased approaches to bring new products and product enhancements to market more quickly
- Leverage tools that will eliminate manual processes making it easier for brokers to do business
- Enhance operational efficiency and productivity throughout the organization by standardizing policy administration, billing management and claims handling processes on a common platform
“We are pleased to welcome La Segunda to the Guidewire customer community,” comments Steve Sherry, Chief Sales Officer, Guidewire Software. “We applaud its dedication to protecting people and earning their trust, and are looking forward to helping the company achieve and exceed its business objectives.”