ACI Worldwide and Guidewire Software have formed a strategic partnership to enhance payment solutions for the insurance industry. This collaboration integrates the ACI Speedpay solution with Guidewire’s PolicyCenter™, enabling Property and Casualty (P&C) insurers to offer their policyholders flexible payment options, including one-time and recurring payments via credit card, debit card, or ACH.
The partnership aims to improve policyholder satisfaction by providing easier ways to pay premiums and boosting retention through secure, convenient payment methods.
The ACI Worldwide and Guidewire integration helps insurers simplify PCI compliance by leveraging ACI’s security capabilities to collect, tokenize, and store payment information. Overall, the collaboration between ACI Worldwide and Guidewire Software is designed to streamline billing processes, enhance the customer payment experience, and ensure compliance with rigorous data security standards. This partnership underscores their commitment to providing innovative and efficient payment solutions for the insurance industry.
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and machine learning to deliver our platform as a cloud service. More than 540 insurers in 40 countries, from new ventures to the largest and most complex in the world, run on Guidewire.
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