Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that Guidewire has achieved “best-in-class” status in Aite Group’s “Aite Matrix: 2020 U.S. P&C Core Systems Evaluation Report.” The report also named Guidewire as a leader for two of the four Aite Matrix components including client strength and product features. The report can be viewed here.
The Aite Matrix, a proprietary Aite Group vendor assessment framework, evaluated the overall competitive position of each vendor included, focusing on vendor stability, client strength, client services, and product features. The 14 vendors evaluated in the report were required
to have the ability to provide core system capabilities for P&C insurers and be able to integrate third-party data through their core system platform.
Today’s consumers are used to receiving personalized and customized experiences, and P&C insurers worldwide are being asked to provide these experiences for their policyholders, which include quicker and more accurate underwriting decisions or facilitated claims processes, for example. To make this happen, insurers increasingly rely on third-party
data and on a core system that can integrate this data into various workflows.
“Guidewire has constructed a platform that is fully capable of integrating virtually any type of data without having to customize the platform and can integrate that data into every critical
component. What separates Guidewire from most other vendors is its focus on bringing
robust analytics to its clients. Any carrier with an eye to the future would do well to have Guidewire as its core system provider,” said Jay Sarzen, senior analyst, Aite Group.
“Guidewire is honored to be named a “best-in-class” vendor by Aite Group,” said Brian Desmond, chief marketing officer, Guidewire Software. “We believe PolicyCenter is the most complete P&C policy system. Hundreds of insurers around the world use PolicyCenter to help them grow by launching new products quickly, provide omnichannel service to policyholders and agents, and continually innovate. I’d like to thank all of our customers who participated in this report.”
Guidewire es la plataforma en la que las compañías de seguros generales confían para comunicarse, innovar y crecer de manera efectiva. Combinamos digital, core, el análisis y la inteligencia artificial en nuestra plataforma como servicio en la nube. Más de 400 aseguradoras, desde nuevas empresas hasta las más grandes y complejas del mundo, funcionan con Guidewire.
Como socio de nuestros clientes, evolucionamos continuamente para garantizar su éxito. Estamos orgullosos de nuestro historial de implementación sin igual, con más de 1,000 proyectos completados con éxito, respaldados por el equipo de I + D más grande y el ecosistema de socios más amplio de la industria. Nuestro marketplace tiene cientos de aplicaciones que aceleran la integración, localización e innovación.