Octo Telematics and Guidewire Software announced that Octo has joined Guidewire PartnerConnect as a Solution Partner. The companies also announced that Octo’s accelerator has successfully completed the Ready for Guidewire accelerator validation process and is eligible to use the Ready for Guidewire validation mark. Guidewire and Octo plan to expand their alliance, with Octo building additional accelerators for Guidewire customers over time.
Octo is providing a Ready for Guidewire accelerator to make it easier for any insurance company using Guidewire PolicyCenter for policy administration to integrate with Octo’s solutions, reducing implementation time and effort, thereby lowering project costs. Insurers can stay focused on customer service and the business of insurance rather than the IT work surrounding insurance telematics integration. A majority of Octo’s global insurance partners already use or plan to use Guidewire, so the accelerator will facilitate the integrations between their UBI programs and Guidewire.
Octo’s ‘Ready for Guidewire’ accelerator will continue to evolve and currently supports insurers by enabling:
- Increased speed to market;
- Seamless implementation for telematics and UBI (usage based insurance) programs; and
- An instantly available, full suite of telematics tools: UBI, driving behavior analysis, vehicle health, and location based services.