AI-powered software developer Guidewire has partnered with digital payments platform for the insurance industry One Inc, to support insurers with faster payment solutions.
Guidewire provides AI, analytics, and technology to approximately 520 insurers across 38 countries to help them improve their digital operations.
According to Guidewire, the partnership will empower insurers with an out-of-the-box joint solution that will enable the rapid delivery of a frictionless payment experience for customers, adjusters, agents, and vendors.
As a PartnerConnect Solution Premier partner and a leading digital payments provider for the insurance industry, One Inc has more than 60 joint customers with Guidewire.
The strategic partnership between Guidewire and One Inc will offer Guidewire InsuranceSuite and InsuranceNow customers an integrated payments solution that Guidewire said will improve implementation speed and customer satisfaction.
Guidewire and One Inc partnership combines their insurance industry expertise, which the companies said enables insurers to deliver an end-to-end optimised experience for all insurance payment use cases.
Ian Drysdale, chief executive officer, One Inc, said, ?Today insurance customers expect the enhanced digital speed, convenience, choice, and savings they experience in all other aspects of their life. As the insurance ecosystem becomes more complex and consumer-oriented, best-in-class partner solutions provide the agility insurers need to deliver innovation to policyholders.
?Throughout our partnership with Guidewire, we have been able to jointly deliver a modern digital experiences. Together, our expanded partnership will drive increased value that creates greater carrier competitiveness.p>
Zachary Gustafson, general manager, claims & InsuranceNow, Guidewire, added, ?One Inc offers one of the industry most robust portfolios of digital payments options and crucial expertise in managing insurance-specific payment flows. Its solutions for both premium and claim payments enables insurers to provide a unified, efficient, and satisfying customer experience. We are pleased to enhance our partnership by offering an easily deployed, out-of-the-box One Inc integration for our InsuranceNow and InsuranceSuite cloud customers.p>
Earlier this year, Cincinnati Financial Corporation selected Guidewire ClaimCenter on Guidewire Cloud to power claims management for its insurance operations.
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