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Guidewire Receives Highest Rating in Leading Analyst Firm's Report on P&C Insurance Claims Administration Systems
“Strong Positive”, the highest possible rating, is based on market understanding, product strategy and capabilities, overall viability, and customer experience
SAN MATEO, California, June 5, 2008 – 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.
i 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 leading global 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 administration, 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 London, Munich, Paris, Sydney, Tokyo, and Toronto. For more information, please visit www.guidewire.com.
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