Capital Insurance coverage Group (CIG), a residence/casualty (P/C) insurer serving the Western US, has picked Guidewire BillingCenter to manage its billing operations, including agency and direct bill, across all of its lines of business.
Apart from supplying versatility and enhanced support amounts to buyers and agents to make modifications to payment ideas, the billing platform will also enable CIG manage its commission calculations and payment.
BillingCenter’;s thorough performance, configurability, ease of integration, and intuitive user interface had been the figuring out factor in choice of the billing platform, mentioned CIG.
Capital Insurance coverage data technologies chief data officer and vice president Rads Mydam said that in the previous, when the company desired to make a change to its billing program, it became a time consuming and involved method due to the complexity of its system’;s architecture.
Capital Insurance coverage Group chief monetary officer Gray Tyndall commented, “From a new organization standpoint, BillingCenter will assist us give possible consumers, as effectively as new targeted segments, a lot more billing options, letting them select their payment routine as effectively as how they get and pay out their payments.”
Built on the core design ideas of automation, management and versatility, Guidewire BillingCenter is a comprehensive billing and receivables management method and is accessible as a standalone technique or as element of Guidewire InsuranceSuite. It can be integrated to a Property/Casualty insurer’;s legacy systems or third get together applications.