Guidewire Receives Highest Rating in Leading Analyst Firm's Report on P&C Insurance Claims Administration Systems
Positive”, the highest possible rating, is based on market understanding, product strategy and capabilities, overall viability, and customer experience
Guidewire Software®, a leading global provider of technology solutions to property and casualty insurers, today announced that it’s claims system, Guidewire ClaimCenter®, has received the rating of “Strong Positive”, the highest possible rating in Gartner’s recently published “MarketScope for North American Property and Casualty Insurance Claims Administration Systems, 2008”*i. Guidewire was one of eight vendors evaluated for the 2008 report. A copy of the report, compliments of Guidewire, can be viewed at www.guidewire.com.
Gartner's MarketScope evaluates property & casualty claims administration systems vendors based on the following criteria: market understanding, product strategy, product/service capabilities, overall viability and customer experience.
“Guidewire ClaimCenter is in-production at 32 carriers across all sizes, supporting all lines of business in six countries; 27 of these deployments are in North America,” said John Raguin, chief executive officer, Guidewire Software. “In my opinion, Gartner’s rating confirms our leadership position in the market. The Guidewire team is very proud to receive this rating and remains committed to continuing our focus on building the highest quality software while ensuring our customers’ success.”
Guidewire ClaimCenter, Guidewire’s flagship product, provides an end-to-end claims system for property and casualty insurers. ClaimCenter’s flexible business rules enable claims organizations to optimize and monitor the claim process. Claims executives can define, enforce, and continually refine their preferred claim adjusting practices. In addition, ClaimCenter's modern architecture provides a 100% Web client and Web services interface enabling lower total cost of ownership in any environment. ClaimCenter is currently in-production at 32 carriers representing all sizes and all lines of business, in six countries.
* MarketScope Disclaimer
The MarketScope is copyrighted May 19, 2008, by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner Research “MarketScope for North American Property and Casualty Insurance Claims Administration Systems, 2008” by Kimberly Harris-Ferrante. May 19, 2008.
About Guidewire Software
Guidewire Software is a provider of core system software to the global Property/Casualty (general) insurance industry. Designed to be flexible and scalable, Guidewire solutions give insurers the capability to deliver excellent service, increase market share and lower operating costs. Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter® and Guidewire BillingCenter® spans the key functional areas in insurance – underwriting and policy administration, claims management, and billing. Guidewire is headquartered in San Mateo, California, with offices in Beijing, Dublin, Hong Kong, London, Munich, Paris, Sydney, Tokyo, and Toronto. For more information, please visit www.guidewire.com.