"CompSource is committed to being a valuable resource to the Oklahoma business community and providing policyholders, agents and injured workers with exceptional customer service. In order to successfully execute our vision going forward, we needed to increase our operating efficiency and technological capabilities through a system conversion. We ultimately selected Guidewire as our business partner because we were impressed with the depth and breadth of Insurance Suite’s features and functionality as well as with the knowledge and dedication of the Guidewire team."
"I don’t have the in-house IT staff required for an on-premises solution. And should something ever go wrong, I don’t want to engage in a debate about whether the problem is with a company’s software or with my local hardware. With a cloud-based solution, I don’t have to maintain resources locally, and I have just one hand to shake should something ever go wrong."
"We selected Guidewire InsuranceSuite because its out of the box capabilities met our requirements with almost no customization, which will allow us to adopt best-in-class practices quickly. We also valued the high quality of the software, as well as the abundant positive feedback we received from current Guidewire customers. We considered selecting three different vendors if that would have provided us with the best functional support and technology on the market, but we found that the individual merits of Guidewire’s PolicyCenter, BillingCenter, and ClaimCenter were market-leading. We are looking forward to the benefits of having our core systems on one cohesive platform; including the productivity and efficiencies we will gain from having streamlined processes across our core functions."
"In commercial insurance, we don’t always get all the information about the buildings we need. HazardHub provides hazards and attributes around those buildings, which helps us make better underwriting decisions."
"We call HazardHub data often. When we call them early in the process, it allows us to get a more accurate and more complete acceptability decision on the'customer much earlier."
"By going with a system without customizations, we’re able to deliver a state-of-the-art system with the best, newest technology that Guidewire has to offer."
“We need to make sure they are adequately prepared and that it’s an easy system to maneuver in and to be proficient in, so we can get payments in the hands of our policyholders quickly."
“In the past we’ve had to wait for cycles, and in particular, like on a holiday or weekend, that can be a three- or four-day process before a check goes out the door, So it has allowed us to service the customer much faster.”
"We serve the military community—active duty and retired folks who may need to be able to be serviced 24/7. We have to have the technology to be able to support our customers however they want to do business with us. InsuranceNow has been a game changer."
"Leveraging Guidewire Cloud will deliver flexibility and scalability so we can stay ahead of evolving customer needs by quickly implementing Guidewire’s latest updates and innovations to help drive our speed to market and further enable growth."
"For our customers, the one touch point you know you’re going to have in insurance all the time, is that of billing. How we speak to their checking accounts matters. Our objective was to make that seamless for them."
"We selected Guidewire Cloud to utilize and take advantage of the additional functionalities compared to the self-managed installation. This will also set us up nicely for the future by helping us reduce cost and stay current on Guidewire’s latest technologies and innovations."
"We selected Guidewire because it has a strong reputation for being one of the top cyber risk vendors, especially for transparency, in-house data collection, and market validation."
"We selected Cyence because it’s the market leader, especially for transparency, robust data collection, and validation by the marketplace."
"I was blown away by the amount of information that Cyence could tease out of publicly available sources and track Internet footprints and the like. Cyence's ability to take that quantitative information and tease out useful data for carriers is why we bought the tool."