Case Study: Global Insurance and Reinsurance Company accelerates underwriting with ValueMomentum and OpenText Exstream

Global P/C Insurer Automates Document Generation with OpenText Exstream and Guidewire PolicyCenter

Global Insurance and Reinsurance Company, a global P/C insurer and reinsurer, needed to modernize a manual, time-consuming underwriting document process that relied on Excel-based rating and generation tools and multiple disconnected systems. The company turned to ValueMomentum for help implementing Guidewire PolicyCenter and OpenText Exstream to streamline quote, binder, and policy document creation across its insurance and reinsurance lines.

ValueMomentum installed Exstream, set up an enterprise-wide CCM architecture, and integrated OpenText Exstream Empower with Guidewire Underwriter Management and PolicyCenter, along with DocuSign and other underwriting tools. The new solution automated the end-to-end underwriting workflow, reducing quote/bind/issue time from 2–4 hours to just 10 minutes, improving compliance, and enabling underwriters to close more proposals and drive higher premium growth.