Guidewire Software®, a leading global provider of core system solutions to property/casualty insurers, today announced that Guidewire’s BillingCenter solution has been favorably recognized by industry analyst firm, Celent, in the firm’s report: Billing System Vendors US Property/Casualty Market 2009. In the report, Celent provided a detailed profile of 10 property/casualty billing system vendors, along with a series of emerging technology profiles. Guidewire placed in the top quartile of the ABCD Vendor View which comparatively ranks vendors based on: Advanced technology and technical flexibility, Breadth of functionality, Customer base, and Depth of client services and solutions.
The report notes that “the billing function in property/casualty carriers is transforming from a back office operation to a front office value proposition. Carriers are making significant investments in skills and technology to position billing as a critical customer service activity and an opportunity to retain clients.”
“Guidewire BillingCenter® has gained considerable market traction in a relatively short number of years,” said Mike Fitzgerald, senior analyst in Celent’s insurance group and author of Celent’s Billing System Vendors 2009. “The product’s functional breadth and its modern architecture combine to make it a strong competitor.”
“We appreciate Celent’s recognition of Guidewire BillingCenter,” said John Raguin, chief executive officer, Guidewire Software. “The Guidewire team is very proud of what BillingCenter is helping our customers achieve and we thank them for helping us to continually improve the product.”
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.