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PRESS RELEASE


VALUEMOMENTUM ENHANCES SPECIALTY & COMMERCIAL LINES SOLUTION FOR INSURERS ON
GUIDEWIRE CLOUD

EXPANDED AND UPDATED SOLUTION AIMS TO ACCELERATE IMPLEMENTATIONS, LOWER COSTS,
AND REDUCE RISK.

Posted on November 9, 2023November 9, 2023

 

Piscataway, NJ: November 9, 2023 — ValueMomentum, a leading provider of IT
services and solutions to the insurance industry, today announced an upgraded
and expanded release of its specialty and commercial lines reference solution
for the Guidewire Cloud Platform (GWCP).

The upgraded and expanded reference solution builds upon Guidewire’s
industry-leading platform to enable commercial and specialty insurers to
accelerate implementations with an array of accelerators while providing
predictable delivery.

The reference solution includes the following amongst several other
accelerators:

1. Support for commercial and specialty lines products, including MPL, Cyber,
E&O, D&O, E&S, professional liability, management liability, and EPLI

2. Quick-start product definitions for select specialty lines coverages and
exposures, associated forms inference, and underwriting rules

3. Reference integrations with commonly used third-party services and for
pre-fill and decision-making attributes

4. Intelligent intake automation for new business, renewals and claims,
including non-standard submissions

5. New forms management tool that provides increased flexibility to add or
update forms dynamically

6. Library of use cases, traceability matrix, test scenarios and test cases, and
intelligent automation solution for functional, system, forms, and rate testing

7. Reference architecture and project management assets

“Specialty and commercial lines offer a tremendous market opportunity for those
insurers that can execute quickly,” said Naren Sivakumar, Vice President at
ValueMomentum. “ValueMomentum’s expanded specialty and commercial lines
reference solution for Guidewire Cloud can help insurers to deploy Guidewire
much more quickly while lowering costs and reducing risk.”

About ValueMomentum Inc.

ValueMomentum provides IT services and solutions to the insurance industry.
Customers choose ValueMomentum due to the company’s track record of delivering
value and driving momentum to customers’ business initiatives. ValueMomentum
accomplishes this by applying a time-tested formula of combining strong
technology expertise with deep industry experience. For more information, visit
www.valuemomentum.com.

 

ValueMomentum Media Contact:

North America:

Abhijeet Jhaveri
ValueMomentum, Inc.
Tel.: +1 (980) 755-0370
Email: ajhaveri@valuemomentum.com


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