Guidewire · Existing integration

Automate reserve updates with Guidewire and VIP

Vendor expense is approved in one place and reserves are managed in another, so reserves on an exposure can lag behind the expense actually approved on the claim. On Guidewire (core claims system), the claim record already holds the context this work depends on: claim and exposure context and assignment triggers. Without a connection, that context is re-keyed into each downstream tool and drifts from the claim file.

How VIP solves it

Audited invoice amounts and approvals write back against the exposure in the claims system, so reserves and payments reflect approved expense. With Guidewire, VIP takes in claim and exposure context and assignment triggers and writes activity and documents and expense and financials back to the claim. Confirm how VIP activity, documents and financial transactions land on the claim and exposure.

Steps

  1. Invoice audited in VIP
  2. Approved amount confirmed
  3. Amount written back against the exposure
  4. Reserves and payments reviewed in the claims system

What moves between Guidewire and VIP

DataDirectionDetail
Claim and exposure contextGuidewire → VIPClaim number, loss details, coverage and exposure identifiers give VIP the record to attach work to.
Assignment triggersGuidewire → VIPNew or updated exposures start the assignment, inspection or audit workflow in VIP.
Activity and documentsVIP → GuidewireVendor activity, reports, photos and findings post back to the claim file as notes and attachments.
Expense and financialsVIP → GuidewireAudited invoice amounts and approvals write back against the exposure so reserves and payments stay accurate.

Outcomes

Questions and answers

How does Guidewire work with VIP for reserve updates?

Guidewire has an existing integration with VIP. With Guidewire, VIP takes in claim and exposure context and assignment triggers and writes activity and documents and expense and financials back to the claim. Confirm how VIP activity, documents and financial transactions land on the claim and exposure.

What data moves between Guidewire and VIP?

Claim and exposure context; Assignment triggers; Activity and documents; Expense and financials.

Who is reserve updates with Guidewire for?

Reserve updates is built for carrier teams using Guidewire, at the expense stage of the claim.

Guidewire integrationReserve updates workflow

More Guidewire workflows

Run reserve updates with Guidewire.