Skywire, Guidewire Align to Streamline Policy Admin Process

Guidewire Software, a provider of solutions to property/casualty and workers’ compensation insurers, and Skywire Software, a diversified software company with a focus on the insurance and financial services industries, announced the formation of a strategic alliance. Through the partnership, Guidewire is able to provide its customers a Web-based rating and rules system for all lines of business. Skywire’s InsBridge, helps carriers manage company-specific rating processes, analyze the impact of rating and underwriting changes, deploy logic in a disciplined and consistent manner, and make results available to Guidewire PolicyCenter users. PolicyCenter is a Web-based policy administration system.

Guidewire and Skywire offer enhanced decision-making capabilities to help carriers provide consistent rates and achieve a competitive market advantage with an end-to-end complete policy administrative system. InsBridge enhances PolicyCenter’s rating and rules capabilities with the ability to perform elaborate and complex rating, rules, and underwriting logic with accuracy.