Tag Archives: Marcus Ryu

ADAC e.V. Selects Guidewire Solution for Support Process

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ADAC e.V. Selects Guidewire Solution for Support Process

World’s second largest automobile club – serving more than 18 million members – to transform its support processes with Guidewire ClaimCenter®

MUNICH & FOSTER CITY, Calif.–(BUSINESS WIRE)– Guidewire Software, Inc. (NYS: GWRE) , a provider of flexible core systems to General insurers, and Germany‘s „Allgemeiner Deutsche Automobil-Club” (ADAC), today announced that ADAC has selected Guidewire ClaimCenter® as its new core IT-system to support its roadside and medical support process. ADAC and Guidewire will work together to implement the solution.

ClaimCenter will help ADAC refine its support processes and provide efficient service to its members. A highly configurable system, ClaimCenter will be tailored to meet ADAC‘s unique requirements.

As Günter Weinrauch, CIO at ADAC e.V. puts it: “ADAC has selected Guidewire ClaimCenter as its core component for the ADAC roadside and medical assistance process, following a lengthy evaluation process and a proof-of-concept based on some key business requirements. Being at the very heart of the ADAC service offering, the Guidewire system is envisioned to replace a number of legacy applications in the course of the project, and possibly will be extended to other business functions in subsequent project phases. The project will be executed by a joint team of Guidewire and ADAC-staff at the ADAC headquarters in Munich, Germany, whereby the ADAC-team consists of members from both business and various IT-functions. ADAC expects to improve its flexibility and transparency in the roadside and medical assistance process, and will establish with the Guidewire system one of the foundations for the future system landscape according the ADAC IT-strategy.”

“We are extremely pleased to welcome ADAC to our customer family,” said Marcus Ryu, chief executive officer, Guidewire Software. “Germany and the European region as a whole are a very important focus for Guidewire. We are understandably proud that such a well-respected company as ADAC has placed its confidence in our company and our product. We look forward to our work together on this project and to building what we hope will be a long and mutually satisfying relationship.”

Guidewire ClaimCenter® is a leading end-to-end claims management system, built from the ground up to meet the specific needs of today’s General insurers. ClaimCenter’s flexible business rules enable claims organizations to define, enforce, and continually refine their preferred claim handling practices in order to optimize and monitor their claim processes. ClaimCenter is in use by insurers of all sizes

From: http://www.dailyfinance.com/2013/04/12/adac-ev-selects-guidewire-solution-for-support-pro/

Guidewire Software Announces Change in Field Operations Leadership

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Guidewire Software Announces Change in Field Operations Leadership

FOSTER CITY, Calif.–(BUSINESS WIRE)– Guidewire Software, Inc. (NYS: GWRE) , a leading provider of flexible core system software to Property/Casualty insurers, today announced the departure of John True, Senior Vice President of Field Operations.

“I thank John for his contributions to Guidewire, from his advice early in the company’s history to his operational role over the past year and a half. He helped scale our global sales organization during an important phase of our emergence as a leader in our market, and we are well positioned to grow based on the foundation that has been put in place,” said Marcus Ryu, chief executive officer of Guidewire Software. “As we move forward, our sales and services expansion will continue under the strong leadership that we have in place in each of our target markets across North America, EMEA, and Asia Pacific.”

Ryu continued, “We remain confident in our previously issued revenue guidance for both the third quarter and the fiscal year based on our business momentum and high level of revenue visibility. We are also excited about Guidewire’s long-term prospects as we address the large and growing demand for legacy core system replacement in the global insurance industry that we are serving.”

The company also announced that its management team has been organized to operate without a replacement for the previous Field Operations position.

About Guidewire Software

Guidewire Software is a provider of core system software to the global Property/Casualty (general) insurance industry. Designed to be flexible and scalable, Guidewire solutions give insurers the capability to deliver excellent service, increase market share and lower operating costs. Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter® and Guidewire BillingCenter® spans the key functional areas in insurance – underwriting and policy administration, claims management, and billing. Guidewire is headquartered in Foster City, California, with offices in Beijing, Dublin, Hong Kong, London, Munich, Paris, Sydney, Tokyo, Toronto and Warsaw. For more information, please visit www.guidewire.com.

Investor Relations Contact:
ICR, LLC
Garo Toomajanian, +1-650-357-5282
ir@guidewire.com
or
Media Contact:
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
dstott@guidewire.com

KEYWORDS:   United States  North America  California

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Source: FULL ARTICLE at DailyFinance

Guidewire Congratulates Jewelers Mutual on Being Named a 'Model Insurer' in Celent's 2013 Report

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Guidewire Congratulates Jewelers Mutual on Being Named a ‘Model Insurer’ in Celent’s 2013 Report

Award recognizes Jewelers Mutual for its complete business and system transformation which included a simultaneous core system replacement with Guidewire InsuranceSuite™

FOSTER CITY, Calif.–(BUSINESS WIRE)– Guidewire Software, Inc. (NYS: GWRE) , a provider of flexible, core system software to Property/Casualty insurers, today announced that its client, Jewelers Mutual Insurance Company (“Jewelers Mutual“), the only company in North America specializing exclusively in insuring jewelers and jewelry, has been named a “Model Insurer” in Celent’s Model Insurer 2013:Case Studies of Effective Technology Use in Insurance report.

Jewelers Mutual was recognized in the Infrastructure and Architecture category for redefining how the company services its customers through a complete business and system transformation which included simultaneous implementations of Guidewire InsuranceSuite and a new eCommerce platform. As part of its business transformation project, the company installed a new data warehouse, reporting solution, and document production system, upgraded its document management solution, and also rebranded its Personal Lines product. Jewelers Mutual was also recognized for its best practices of improved channel management; optimization of infrastructure; automation, STP and system integration; and project risk management through proper development, testing and use of project management methodologies.

“The simultaneous implementations of the new eCommerce platform and Guidewire InsuranceSuite were complex but very successful undertakings,” said Karen Monks, an analyst with Celent and author of the report. “The Jewelers Mutual project is an example of how insurers can leverage agile project management methodology, business area support, and specialized teams dedicated to change management, business process redesign, organizational redesign, and human resource management to ensure initiatives of this level are completed on time and within budget.”

“We congratulate Jewelers Mutual on being recognized as a 2013 Model Insurer by Celent,” said Marcus Ryu, chief executive officer, Guidewire Software. “We are extremely proud of the work Jewelers Mutual has done to transform their Personal Lines business, and we are honored to have played a part in the project’s success. We thank Celent for recognizing their achievement with this prestigious honor.”

The Celent Model Insurer 2013: Case Studies of Effective Technology Use in Insurance recognizes 17 insurance technology initiatives as “Model Insurer Components” and names the Celent Model Insurer of the Year. These case studies represent best practices in the use of technology and span key areas of the product and policyholder life cycle, including product definition, distribution, underwriting, policy …read more
Source: FULL ARTICLE at DailyFinance