Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform general insurers rely upon today announced that it has been positioned as a Leader in Gartner, Inc.'s “Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe[1].” Guidewire was placed highest on both the ability to execute axis and furthest on the completeness of vision axis.
This is the first year that Gartner has produced a Magic Quadrant for Non-Life Insurance Platforms for Europe. Gartner’s report evaluated 10 vendors in the general insurance policy management space that have qualified for inclusion.
"As insurance CIOs embrace the concept of the digital business technology platform, expectations for vendors of non-life-insurance core systems are changing. They are moving from a product-centric model to a more expansive platform focus that extends beyond the traditional boundaries of insurance core systems," said Sham Gill, research director, Insurance, Gartner, and author of the report.
"Guidewire is privileged to be acknowledged by Gartner in their first European Non-Life Insurance Platforms Magic Quadrant," said Keith Stonell, managing director - EMEA, Guidewire Software. "We thank all our customers, particularly those who participated in the study. Guidewire’s raison d’être is to serve our customers by providing the software, services, and ecosystem that will enable them to run, differentiate, and grow their business. We regard this result as recognition of the shared success of the Guidewire community."
Guidewire has also been named a Leader in Gartner, Inc.'s “**Gartner Magic Quadrant for P&C Core Platforms, North America[2].” Again, it was placed highest on both the ability to execute axis and furthest on the completeness of vision axis.