Pioneer State Mutual Insurance Selects Guidewire BillingCenter

Multi-line P&C carrier to expand business and customer service capabilities with Guidewire�s comprehensive web-based billing system

FLINT, Michigan and SAN MATEO, California, February 26, 2009 – Pioneer State Mutual Insurance Company (Pioneer State Mutual), a multi-line property/casualty carrier serving individuals and businesses in the state of Michigan, and Guidewire Software®, a leading global provider of solutions to property/casualty insurers, today announced that Pioneer State Mutual has selected Guidewire BillingCenter® as its new billing system. BillingCenter will be deployed for both direct and agency bill functionality and will replace Pioneer State Mutual�s existing billing capabilities currently provided by the company�s policy administration system.

Pioneer State Mutual, established in 1908 as a fire-loss protection company, now writes a wide array of property/casualty insurance in Michigan. Requiring billing and payment flexibility to keep pace with and expand its business, Pioneer State Mutual sought a single system to handle all its diverse lines of business. The company selected Guidewire BillingCenter for the system�s comprehensive functionality, configurability and ease of integration. And, Pioneer State Mutual was impressed with BillingCenter�s account level billing capabilities and the system�s integrated workflows. Guidewire�s expertise and professionalism also factored into Pioneer State Mutual�s decision.

�We found BillingCenter to be the most contemporary product on the market,� said Tony Paris, vice president and chief information officer, Pioneer State Mutual Insurance Company. �We scrutinized our technology options and found BillingCenter�s open architecture to be well designed, highly configurable and easy to integrate with.�

BillingCenter will enable Pioneer State Mutual to:

  • Expand billing/payment options to meet the unique needs of all its lines of business;
  • Enhance customer service while making internal operations more efficient; and
  • Gain ability to issue a single bill to multi-policy customers.

�We pride ourselves on being a very flexible, personal-touch organization and BillingCenter is a system that will allow us to expand our capabilities while maintaining our high service standards.� said Robin Davis, director, Customer Service, Pioneer State Mutual Insurance Company. �We eagerly anticipate the service enhancements BillingCenter will enable us to make for our policyholders and agents.�

Guidewire BillingCenter is a 100% web-based comprehensive billing system designed to: make it easier for insurers to manage agent commissions; automate the billing lifecycle; design flexible billing, payment and delinquency plans; and enable rapid integration with external payment systems � i.e. EFT, EBPP, check writing, payroll deduction, etc. BillingCenter is available as a standalone system or as part of the Guidewire Insurance Suite� and can be integrated to an insurer�s existing systems or third party applications.

�We welcome Pioneer State Mutual to the growing group of companies electing to modernize their billing operations with BillingCenter,� said John Raguin, chief executive officer, Guidewire Software. �We look forward to working with the Pioneer State Mutual team and helping them achieve their strategic and service objectives.�

About Pioneer State Mutual Insurance Company

Pioneer State Mutual Insurance Company specializes in property-casualty insurance for individuals and businesses. We sell our insurance through the Independent Insurance Agency System, and currently write only in the state of Michigan. We provide the best service possible for our agents and policyholders, while maintaining a satisfied, highly motivated work force, and a sound financial base.

Since 1908, Pioneer State Mutual Insurance Company and its network of independent insurance agents have faithfully served tens of thousands of policyholders in Michigan. Throughout those years, our company has earned a fine reputation for providing our clients with the best insurance protection for their premium dollar.

Today, Pioneer State Mutual offers a wide array of insurance options, including auto, homeowners, farmowners, mobile homeowners, businessowners, and workers compensation policies-all expertly tailored to your specific needs and concern. For more information, visit www.psmic.com.

About Guidewire Software

Guidewire Software is a leading global provider of technology solutions to property and casualty and workers� compensation insurers. Guidewire delivers proven software to run core insurance operations, including billing, underwriting, policy, and claim management. The Guidewire Insurance Suite™ consists of Guidewire ClaimCenter®, Guidewire PolicyCenter®, and Guidewire BillingCenter®, which provide a modern, web-based platform for all lines of business. Guidewire is headquartered in San Mateo, California, USA, with offices in London, Munich, Paris, Sydney, Toronto, and Tokyo. For more information, please visit www.guidewire.com.