The latest news from Guidewire;
SLVRCLD, a SAAS insurtech, assisting insurers to expedite and enhance their content claims process, has announced that the company has joined Guidewire’s Insurtech Vanguards program. This is an initiative led by property and casualty (P&C) cloud platform provider, Guidewire (NYSE: GWRE), to help insurers learn about the newest insurtechs and how to best leverage them.
“Joining Guidewire’s Vanguard program is an incredibly exciting milestone for SLVRCLD. It presents a unique opportunity for us to collaborate with Guidewire, a renowned industry leader, and tap into their extensive resources and expertise. We are thrilled to be part of this program that fosters collaboration and accelerates technological advancements, in furtherance of ultimately shaping the future of insurance” said Christiaan Erasmus, Chief Executive Officer, SLVRCLD.
Insurtech Vanguards is a community of select startups and technology providers that are bringing novel solutions to the P&C industry. As part of the program, Guidewire provides strategic guidance to and advocates for the participating insurtechs, while connecting them with Guidewire’s P&C customers.
According to Laura Drabik, Guidewire Chief Evangelist, “Overall, SLVRCLD’s innovative approach is transforming content claims by embracing data-driven solutions while prioritizing the user’s experience. We look forward to helping showcase SLVRCLD’s innovations and are excited to welcome the company as a new Guidewire Insurtech Vanguard.”
SLVRCLD revolutionizes content claims by harnessing the power of product and pricing data, which is further complemented with micro tenders and settlement methods where required. This innovative approach not only accelerates the claims process, but also cultivates greater client trust and satisfaction, while significantly reducing the total claim cost. This is achieved with minimal integration into an insurer’s FNOL or claim process, while aligning with their digitization strategy, enabling a seamless transition from manual to augmented and finally fully automated claims.