Island Insurance and Guidewire Software, Inc. announced that Island Insurance has selected Guidewire PolicyCenter(R) as its new underwriting and policy administration solution. PolicyCenter will be used initially for Island Insurance's commercial auto line of business and will eventually be deployed for all of the company's personal and commercial lines in a phased implementation approach. PolicyCenter will enable Island Insurance to: Achieve underwriting excellence by providing consistency in underwriting guidelines and business rules; Access accurate information that allows for a rapid assessment of applicant risk; Increase the ease of doing business for agents and customers; Decrease system maintenance costs; and Reduce new employee training times through its intuitive interface.