Australian Insurer Chooses Guidewire for Modernization Project

Guild Insurance Limited, an Australian property and casualty insurance provider, has selected Guidewire Software to help modernize its core insurance systems, Guidewire announced Thursday.Upon deployment of this phased multi-year implementation, Guidewire's software will fully replace Guild's current end-to-end claims handling, policy administration, billing and reinsurance solutions, the San Mateo, Calif.-based company said. A significant percentage of these functions are performed manually today, so the implementation of the Guidewire solution will mark a fundamental change in the wa...