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FCCI Insurance Group Selects Guidewire ClaimCenter; Guidewire's Market-Leading System to Help Carrier Consolidate Multiple Claims Systems into One System for All Lines of Business.


BOSTON -- FCCI FCCI Fellowship of Companies for Christ International
FCCI Federation of Chambers of Commerce and Industry
FCCI Fuel-Cladding Chemical Interaction
FCCI Federation des Comites de Coordination de Independantistes
 Insurance Group (FCCI), provider of comprehensive property and casualty insurance for the commercial business owner, and Guidewire Software(R), a leading provider of solutions to property and casualty and workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work.  insurers, today announced that FCCI has selected Guidewire ClaimCenter(R) as its new all-in-one claims system for all lines of business.

FCCI was searching for a single claims system to consolidate and efficiently handle all of its claims processing. Guidewire ClaimCenter provided the flexibility and functionality FCCI required and was selected to support the end-to-end claims handling process. FCCI's lines of business include: commercial auto, crime, farmowners, general liability, inland marine, property, umbrella, and workers' compensation. ClaimCenter will be integrated with FCCI's policy systems, ImageRight document management system, ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
 ClaimSearch, medical bill review systems, downstream statistical reporting, and general ledger General Ledger

A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.

Notes:
The ledger uses two columns: one records debits, the other has offsetting credits.
 applications.

"After performing a thorough search for just the right system, we were impressed to discover that Guidewire ClaimCenter provides functional depth and breadth across all lines of business," says Brenda Davis, Chief Information Officer, FCCI Insurance Group. "As a modern web-based system, ClaimCenter will provide our in-house and remotely-based adjusters with a powerful application to consistently and efficiently process claims, and it will also give us the flexibility to adapt to business changes without incurring huge costs."

ClaimCenter will enable FCCI to take its claim operations to the next level. With ClaimCenter, the FCCI claims organization will be able to:

--Centralize loss reporting;

--Standardize claims handling processes through use of business rules;

--Assign claims automatically based on loss type and accident geography;

--Consistently process claims regardless of adjuster location;

--Gain greater flexibility in managing authority levels; and

--Reduce maintenance and training costs through system consolidation.

"FCCI has a regionally dispersed dis·perse  
v. dis·persed, dis·pers·ing, dis·pers·es

v.tr.
1.
a. To drive off or scatter in different directions: The police dispersed the crowd.

b.
 work force, enabling it to provide localized service to its agents and policyholders," says Jeff Simpson, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Guidewire Software. "Guidewire ClaimCenter is an all-in-one claims system that is readily deployable to adjusters regardless of location, all while maintaining a low Total Cost of Ownership for FCCI."

Guidewire ClaimCenter is a leading end-to-end claims system for property and casualty and workers' compensation insurance. ClaimCenter's flexible business rules enable claims organizations to optimize and monitor the claim process. Claims executives can define, enforce, and continually refine their preferred claim handling practices. In addition, a modern technology architecture, web client, and web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  support enable lower total cost of ownership in any environment.

About FCCI Insurance Group

FCCI began in Sarasota, Florida Sarasota is a city located in Sarasota County on the central west coast of Florida, USA. Its official limits include Sarasota Bay and several barrier islands between the bay and the Gulf of Mexico.  in 1959 as a workers' compensation self-insurance fund. Today, FCCI is a leading commercial property and casualty provider throughout the Southeast and Midwest, writing more than $550 million in premium in multiple lines of business. Headquartered in Sarasota, FL, FCCI has regional offices in Carmel, IN and Duluth, GA, as well as a branch office in Lake Mary Lake Mary may refer to:
  • Lake Mary, Florida, a town in Florida
  • Lake Mary Township, Minnesota, a township in Douglas County, Minnesota
  • Lake Mary (Arizona), a reservoir south east of Flagstaff, Arizona
  • Lake Mary, a lake in McLeod County, Minnesota
, FL. FCCI is rated A- (Excellent) by A.M. Best and operates in 13 states, with plans to expand to 20 states by 2010.

About Guidewire Software

Guidewire Software is a leading provider of technology solutions to property and casualty and workers' compensation insurers. Guidewire delivers proven software to run mission-critical insurance operations, including billing, underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
, policy, and claim management. The Guidewire Insurance Suite(TM) consists of Guidewire ClaimCenter, Guidewire PolicyCenter(TM), and Guidewire BillingCenter(TM), which provide a modern, web-based platform for all lines of business. Guidewire is headquartered in San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , CA, with offices in Toronto, London, and Sydney. For more information, please visit www.guidewire.com.

NOTE: Guidewire Software and Guidewire ClaimCenter are registered trademarks, and Guidewire PolicyCenter and Guidewire BillingCenter are trademarks of Guidewire Software, Inc.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 5, 2006
Words:593
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