Press Releases
Guidewire Receives "Strong Positive" Rating in Leading Analyst Firm's Report on P&C Insurance Claims Systems
“Strong Positive”, the highest possible rating, is based on market understanding, product strategy and capabilities, overall viability, and customer experience
SAN MATEO, CA, USA, April 18, 2007 – Guidewire Software®, a leading provider of technology solutions to property and casualty and workers' compensation insurers, today announced that it has received a rating of "Strong Positive", the highest possible rating in Gartner's recently published "MarketScope: North American Property and Casualty Insurance Claims Administration Systems, 2007"i. Guidewire was one of six vendors evaluated for the report.
Gartner's MarketScope provides a comparative evaluation of property & casualty claims management software vendors based on the following criteria: market understanding, product strategy, product capabilities, overall viability and customer experience. The report stated, "Many Tier 1 and Tier 2 P&C insurers in North America are aggressively replacing their legacy claims administration systems." A complimentary copy of the report can be viewed at www.guidewire.com.
"The Guidewire® team is proud of this Gartner ranking and is committed to continuing our focus on building the highest quality products while ensuring customer success," said Jeff Simpson, chairman and chief executive officer, Guidewire Software. "We believe Gartner's "Strong Positive" rating confirms Guidewire's position in the market and our commitment to providing customers with claims management solutions that meet their unique challenges."
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.
The MarketScope is copyrighted March 30, 2007 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.
i Gartner Research "MarketScope: North American Property and Casualty Insurance Claims Administration Systems, 2007" by Stephen Forte. March 30, 2007.
About Guidewire Software
Guidewire Software is a leading provider of technology solutions to property
and casualty and workers' compensation insurers. Guidewire® delivers proven
software to run core insurance operations, including billing, underwriting,
policy, and claim management. The Guidewire Insurance Suite™; consists
of Guidewire ClaimCenter, Guidewire PolicyCenter®, and Guidewire BillingCenter™,
which provide a modern, web-based platform for all lines of business. Guidewire
is headquartered in San Mateo, California, with offices in Toronto, London,
Paris, and Sydney. For more information, please visit www.guidewire.com.
« back