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Policy Administration

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Lumley New Zealand Selects Guidewire Policy, Billing Products

The PolicyCenter and BillingCenter selections follow the successful deployment of ClaimCenter earlier this year.

Lumley New Zealand, the Auckland-based underwriting subsidiary of Perth, Australia-based Wesfarmers Insurance (Perth, Australia) has selected Guidewire's (San Mateo, Calif.) PolicyCenter and BillingCenter products as part of a core business systems transformation initiative.

The insurer deployed Guidewire's ClaimCenter earlier this year. The companies expect deployment of the additional Guidewire systems by the end of Q4 2011.

“Our IT team has gained a lot of invaluable experience and confidence while implementing ClaimCenter,” Wesfarmers Insurance CIO Brian Fair says in a statement. “We will be able to leverage their expertise in implementing BillingCenter and PolicyCenter.”

Lumley will implement PolicyCenter and BillingCenter to extend business best practices, workflow automation, efficient data capture and access, and operational flexibility to its policy administration, underwriting and billing operations, the company says in a release.

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

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