Purpose-built for the insurance industry, the new Sircon for Guidewire® app accesses Vertafore’s Sircon for Carriers product suite data to automatically verify compliance authorization for every quote, sell, and bind operation originating within PolicyCenter Cloud. This verification ensures that producers are authorized to sell a quoted policy, helping insurers avoid compliance-related delays, errors, and fines. With this pre-built, turnkey solution, insurers avoid having to invest costly resources to develop an in-house solution.
The new Built by Guidewire Vertafore app is now available to PolicyCenter Cloud users in Guidewire Marketplace. Built by Guidewire apps are standardized integrations managed by Guidewire that can streamline delivery, maintenance, and upgrades.
Benefits of Sircon for Guidewire app
With the Sircon for Guidewire app, insurers can:
- Boost efficiency without sacrificing critical compliance steps;
- Provide a cohesive experience for agents, which strengthens the insurer/agent relationship and increases agent satisfaction; and
- Reduce their compliance risk.
“With our technology, insurers are able to automate a step in the compliance process, ensuring all valid submissions are authorized without any effort from the insurer. This provides peace of mind for insurers that all submissions will be compliant. It also helps to keep their agent representatives satisfied and motivated to sell the insurers’ policies.” -Kelly Maheu, VP of Industry Solutions, Vertafore
Built by Guidewire utilizes Cloud Integration Framework which allows developers to implement integrations between InsuranceSuite and third-party apps using multiple APIs, messaging systems, or protocols. Guidewire also offers a services agreement where the app can be fully managed by their teams.
“We celebrate the release of Vertafore’s new Built by Guidewire Sircon app. Vertafore’s technology answers a very specific need in the insurance industry, streamlining insurance sale authorizations and improving the experience for insurers, agents, and customers alike.” -Will Murphy, Vice President, Global Technology Alliances, Guidewire
As North America’s InsurTech leader for over 50 years, Vertafore is modernizing and simplifying the insurance life cycle so that our customers can focus on what matters most. Vertafore’s solutions provide end-to-end connectivity across the insurance distribution channel, improve customer and agent experience, harness the power of data, and unify essential workflows to drive efficiency, productivity, and profitability for carriers, MGAs, and independent agencies.
For more information about Vertafore, visit www.vertafore.com.
Guidewire PartnerConnect ecosystem and Built by Guidewire
Guidewire PartnerConnect is designed to help property and casualty insurance companies upgrade their operations by connecting them with the largest peer network in the industry. Built by Guidewire apps are kept current with the latest product and vendor releases. They leverage Guidewire’s Cloud Integration Framework and the latest third-party technologies, fully meeting Guidewire Cloud Standards. Under an optional services agreement for select apps, Guidewire can provision, configure, parameterize, maintain, and perform annual upgrades of their integrations for customers.
Today, insurers have access to over 215 integrations within the Guidewire Marketplace that have been validated for security, quality, and compatibility. The Guidewire Marketplace consists of powerful, user-friendly solutions that scale for improved customer experiences.
For more information, please visit the Guidewire Marketplace.
About Guidewire Software
P&C insurers trust the Guidewire platform to engage, innovate, and grow efficiently. They combine digital, core, analytics, and machine learning to deliver their platform as a cloud service. More than 540 insurers in 40 countries–from new ventures to the largest and most complex in the world–run on Guidewire.
They continually evolve to enable their customers’ success. With an impressive implementation track record, they’ve completed more than 1,600 successful projects, supported by the largest research and development team and partner ecosystem in the industry. Their marketplace provides hundreds of applications that accelerate integration, localization, and innovation.
For more information, visit www.guidewire.com.