Human beings have proven themselves to be good at many different things, and yet there is still nothing we do better than growing on a consistent basis. This progressive approach, on our part, has already enabled the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.
Guidewire and its strategic payments partner, One Inc. have officially confirmed an expanded availability of their Built by Guidewire One Inc. applications, making them accessible for all CalmCenter, BillingCenter, and PolicyCenter users from here onwards. To give you a quick lowdown, the stated Built by Guidewire One Inc applications are basically those integration solutions that can be used to speed the delivery and maintenance of common integrations. Now, moving on to how this expanded availability will affect things on a more practical note, it will allow insurers to seamlessly accept and disburse payments through a versatile set of methods and channels. Next up, the development should be able to optimize the new-age digital payment methods to realize a meaningful reduction across payment processing expenses. Interestingly enough, the customers will even have the option of accessing financial reports generated in real-time. Such a feature, in particular, can alone instigate more informed decisions across the board, while subsequently enhancing the company’s bottom line. Hold on, we aren’t done yet. Rounding off the highlights is how the proverbial integrations will also ensure PCI compliance and security so to keep policyholders’ sensitive data secure.
“Modern payment options are a critical expectation that today’s insureds have for their insurers,” said Ian Drysdale, CEO of One Inc. “Our technology enables insurers to deliver quick, secure digital payment experiences for insureds, agents, vendors, and adjusters. These integrations provide security, flexibility, and a frictionless payment experience for all.”
Talk about what makes One Inc. an ideal partner for delivering this value proposition, the answer resides within its ability to help insurance industry embrace a unified and frictionless brand of monetary transactions. You see, founded in 2012, the company has risen up the ranks by reducing costs, increasing security, and optimizing customer’s insurance-related payments experience. One Inc’s excellence in what it does can be further validated through the fact that it currently manages billions of dollars per year in premiums and claim payments.
As for Guidewire, it is a platform which P&C insurers can bank upon to conceive an innovation-led growth. The company’s unprecedented skill in terms of combining digital, core, analytics, and machine learning has, so far, translated to more than 1,000 successful projects. Given that impressive record, Guidewire is serving, at the moment, an estimated 500 customers in 38 countries.
“Congratulations to One Inc on the release of three new Guidewire Cloud apps,” said Will Murphy, Vice President of Technology Alliances Strategy at Guidewire. “We are pleased to offer our shared customers the fruits of our strategic partnership with One Inc, enabling their streamlined access to its leading-edge technology.”
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