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Guidewire@Lloyds Banking Group

Lloyds Banking Group Adopts Guidewire for Insurance Operations

Lloyds Banking Group, a financials organization in the United Kingdom, uses BillingCenter from Guidewire to support insurance operations for underwriters and claims handlers.

Value results

CategoryValue result
CapabilityNamed workflow replaces ad hoc routing for policy and claims
CapabilityInsurance operations stays visible to adjacent teams through BillingCenter
CapabilityUnderwriters and claims handlers work from the same BillingCenter record for policy and claims

Story

Inside Lloyds Banking Group, insurance operations used to depend on whoever still had the latest file. That pattern is common in financials groups working out of the United Kingdom. Underwriters and claims handlers needed a system that would still make sense after the original project team moved on.

Lloyds Banking Group uses BillingCenter from Guidewire as the working layer for policy and claims. Guidewire makes core insurance software for policy, billing, and claims used by property and casualty carriers. The practical change is simple: insurance operations has a home, and reviews happen there instead of in a forwarded thread.

Nothing in this writeup invents a savings number. What Lloyds Banking Group gets from Guidewire is a durable place to run insurance operations and a way for underwriters and claims handlers to see the same policy and claims at the same time.

Relationship map

Lloyds Banking Group uses Guidewire, Check Point, Smartsheet, Netskope, SS&C, Oracle, DocuSign, Hugging Face, Fiserv, Temenos. Shared with ABN AMRO, Adyen, Afterpay, Airwallex, Allstate. Industry: Financials. Value: Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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