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The Hartford Makes Strategic Investment in Guidewire Technology

Staff Writer | July 30, 2014

The Hartford announces it is investing in its property & casualty (P&C) insurance policy management systems to drive efficiency and better serve customers and agents. The carrier selects Guidewire PolicyCenter as its new underwriting and policy administration platform, replacing multiple systems currently in place.

“We are investing in technology as part of The Hartford’s strategy to profitably grow its businesses and become more efficient,” says Doug Elliot, president of The Hartford. “This investment will enhance crucial policy management processes and systems, helping our employees work better while making it easier for our partners to do business with us.”

 The integrated platform positions The Hartford to increase operational efficiency through automation and improved data analytics and real-time reporting capabilities. It also aims to deliver a better service experience to customers and agents through streamlined front and back office processes such as new business submissions, quoting, renewals and billing. This investment complements Guidewire ClaimCenter, the P&C claims management system The Hartford licensed in 2012.

“We are very pleased that The Hartford had the confidence in Guidewire to extend their relationship with us,” says Steve Sherry, group vice president, Americas sales, Guidewire. “We look forward to helping The Hartford deliver on their objectives as they transform their businesses.”

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