Guidewire and Risk Control Technologies (RCT) announced that RCT’s new Ready for Guidewire validated accelerator for PolicyCenter is now available to users in the Guidewire Marketplace.
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We congratulate RCT on the publication of its loss prevention app for PolicyCenter, enabling automatic synchronization of customer portfolios between RCT and Guidewire, and creating a consistent experience between underwriting, claims, and loss control!
RCT provides an end-to-end loss control platform to help insurers maximize claims reduction, increase customer retention, and harness data insights for better decision making. RCT creates workflow automation throughout the loss control process and enables new methods of loss control touchpoints, allowing insurers to maximize the number of insureds serviced.
Built on a “Predict & Prevent” strategy, RCT enables targeted account selection and determines the optimal way to service each account based on its risk profile. Insurers can utilize RCT’s advanced risk scoring, analytics, and business intelligence suite to improve understanding of risks and enhance decision making.
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With RCT’s PolicyCenter app, insurers can:
- Synchronize information from Guidewire PolicyCenter to RCT as changes happen, ensuring their loss control team always has the most up-to-date policy/claim information;
- Leverage RCT’s advanced business rules and automation engines to analyze the synchronized policies, automatically initiate surveys, and service activities based on the risk profile; and
- Reduce IT effort and cost associated with a custom API integration project.
“Loss control is everyone’s business,” said David Da Costa, chief executive officer, RCT. “This partnership between Guidewire and RCT allows critical loss prevention practices to be shared throughout the organization to enhance customer relationships, streamline operations, and mitigate risk.”
“We congratulate RCT on the publication of its loss prevention app for PolicyCenter,” said Becky Mattick, vice president, Global Solution Alliances, Guidewire Software. “This app enables automatic synchronization of customer portfolios between RCT and Guidewire, helping to create a consistent experience between underwriting, claims, and loss control for our shared customers.”
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