The insurer’s new umbrella coverage provides Californians with enhanced protection against these claims. Mercury Insurance has announced that it has relaunched its umbrella coverage after a redesign in order to provide Californians with an added protection layer above what a standard home or auto policy has to offer. The coverage is meant as an added safety net in a state that is becoming increasingly litigious. A news release from Mercury Insurance said that liability claim amounts are now 66 percent higher than they were before the pandemic, having climbed with…
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Mercury Insurance news features Guidewire InsuranceSuite
The insurer will be using it for policy admin, underwriting, and management of billing and claims. Mercury Insurance Group, together with Guidewire Software Inc., are making insurance news as the former has announced that it will be using the latter’s InsuranceSuite from now on, for its policy administration, underwriting, claims, and billing platform, starting with two of its many business lines, in a number of different states. This platform was selected in order to boost their flexibility and help with expansion in the market. This will all be starting with…
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