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LexisNexis Risk Solutions (Atlanta), a provider of data, analytics and technology for insurance, and a Guidewire PartnerConnect Solution partner has introduced upgrades to six Guidewire InsuranceSuite accelerators, including C.L.U.E. Auto, C.L.U.E. Property, National Credit File, Police Reporting, Vehicle Identification Number, and Auto Data Prefill. All accelerators for Guidewire PolicyCenter and ClaimCenter are compatible with versions 7 and 8, and have successfully completed the Ready for Guidewire accelerator validation process, according to a LexisNexis Risk Solutions statement.
LexisNexis Risk Solutions describes its capabilities as helping insurers to contain costs, streamline critical business processes and gain insightful business information with a combination of data and innovative analytics. The vendor says that its suite of accelerators makes it easier for Guidewire customers to integrate data analytics into their acquisition, retention, underwriting, and claims workflows for smarter risk decisioning, increased efficiency, faster transactions and improved customer experience.
TCO Value for Customers
“We continue to see TCO value for our customers when they’re able to leverage an accelerator, and LexisNexis Risk Solutions has more accelerators than any other Guidewire partner as part of Guidewire’s Ready for program,” comments Drew Whitmore, Senior Director of Global Alliances, Insurance, LexisNexis Risk Solutions. “This fact underscores our commitment to helping our customers address resource constraints within their organizations and implement the most robust set of data for their policy and claims decisions.”
LexisNexis Risk Solutions leveraged its relationship with Guidewire PartnerConnect Consulting partner, Cynosure, as the systems integrator to perform the accelerator upgrades. Cynosure is a boutique, global consulting firm focused on Guidewire InsuranceSuite. “Working with LexisNexis Risk Solutions and Guidewire achieves our goal to help insurers maximize the value of their Guidewire investments in core systems modernization,” comments Sid Wadhwa, co-founder and CEO, Cynosure.
“We appreciate LexisNexis Risk Solutions’ ongoing support of the Ready for Guidewire program,” said Becky Mattick, director, Global Solution Alliances, Guidewire Software. “Their recent work to upgrade multiple accelerators to market is a testament to their dedication to bring value and reduce the total cost of ownership for our joint customers.”
LexisNexis Risk Solutions insurance products are designed to integrate directly with an insurer’s policy administration and claims management system, providing data, analytics, and other needed services at the beginning and throughout the life of the relationship with the insured.
With these upgrades, LexisNexis reports that it now offers the following Ready for Guidewire validated accelerators:
- Claims Datafill for ClaimCenter 7 and 8;
- L.U.E. Auto for PolicyCenter 7 and 8;
- L.U.E. Property for PolicyCenter 7 and 8;
- L.U.E. Commercial for ClaimCenter 7 and 8;
- Motor Vehicle Records for PolicyCenter 7 and 8;
- Auto Data Prefill for PolicyCenter 7 and 8;
- National Credit File (NCF) for PolicyCenter 7 and 8;
- Police Reports for ClaimCenter 7 and 8; and
- Vehicle Identification Number (VIN) for PolicyCenter 7 and 8.
The Ready for Guidewire validation mark designates that partner offerings have been through a rigorous review process that supports readiness for integration with Guidewire InsuranceSuite products.
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