Press Releases
Guidewire ClaimCenter Cited for Most New Deals in Celent Report
Guidewire named as a leading provider in Comprehensive Claims Systems category
SAN MATEO, CA, May 17, 2005 - Guidewire Software®, a leading provider of solutions to property and casualty and workers' compensation insurers, today announced that Guidewire was named a leading provider in the April 2005 Celent report Insurance Software Deal Trends 2003-2004: Property/Casualty Edition.
"Guidewire's deal volume made it a leading provider in the comprehensive claims systems category," said Craig Weber, senior analyst in Celent's insurance group and author of the report. Weber noted that Guidewire Software had 34 percent of this category's software deals, more than any other vendor in the group.
John Raguin, Guidewire's CEO added, "We are very pleased that our accomplishments have been recognized in this Celent report. This validates our original belief that the insurance industry has pent-up demand for a new generation of systems built on modern technology -- systems, like Guidewire ClaimCenter®, that enable insurers to implement their ideal processes without being constrained by technology."
Celent's independent, industry-leading report is based on a sample of 499 software deals in insurance signed in 2003 and 2004 by 74 vendors. Details about the majority of the deals analyzed?including the carrier type, carrier size, and business processes supported?were provided by the vendors. Additional deals were captured by reviewing public data sources. The report analyzes deals across four metacategories and eighteen subcategories. More information about the report is available online at www.celent.com.
About Guidewire Software
Guidewire Software is a leading provider of modern technology solutions to property and casualty and workers' compensation insurers. Guidewire delivers proven software to run mission-critical insurance operations, including underwriting, policy, and claim management. Guidewire ClaimCenter and Guidewire PolicyCenter provide a modern, web-based platform for all lines of insurance. For more information, please visit www.guidewire.com.
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NOTE: Guidewire Software and Guidewire ClaimCenter are registered trademarks of Guidewire Software, Inc.
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