Press Release

Gartner Positions Guidewire as a “Leader” in Magic Quadrant Report for Property and Casualty Insurance Claims Management Modules for Second Consecutive Year

Guidewire recognized in global report for its “Ability to Execute” and “Completeness of Vision”

FOSTER CITY, Calif., July 14, 2015

Guidewire Software, Inc. (NYSE: GWRE), a provider of flexible software products to Property/Casualty (P/C) insurers, today announced that it has been positioned as a "Leader" in Gartner, Inc.'s “Magic Quadrant for Property and Casualty Insurance Claims Management Modules1.” This is the second year in a row that Guidewire Software has appeared in the Leaders quadrant.Guidewire was positioned highest on the ability to execute axis and furthest on the completeness of vision axis in the report. The report can be viewed here.

The report evaluates eight global vendors that have qualified for inclusion in the claims management module market.

“Buyers continue to demonstrate a very strong preference for claims management modules that are offered in conjunction with policy and billing management modules in a suite from a single vendor,” wrote Jeff Haner principal research analyst, Insurance, Gartner and author of the report.

“The Guidewire team is honored to be named a leader by Gartner in the Claims Management Magic Quadrant for the second consecutive year,” said Brian Desmond, senior vice president, Marketing, Guidewire Software. “More than 300 implementations of Guidewire products have been completed or are in progress.  As a result, we have the fortunate ability to incorporate global insights into our platform and we view this report as recognition of the success achieved collectively by the Guidewire community.”

Guidewire ClaimCenter® is a leading end-to-end claims management system, built from the ground up to meet the specific needs of today’s P/C insurers. ClaimCenter’s flexible business rules enable claims organizations to define, enforce and continually refine their preferred claim handling practices in order to optimize and monitor their claim processes. ClaimCenter is in use by insurers of all sizes across all product lines to improve speed and accuracy, reduce loss adjustment expense, and enable proactive management of claims. ClaimCenter is available as a standalone system or as part of Guidewire InsuranceSuite™, and can be integrated to an insurer’s legacy systems or third party applications.

About the Magic Quadrant
 

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Guidewire Software

Guidewire delivers the industry platform that Property and Casualty (P&C) insurers rely upon to adapt and succeed in a time of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and grow their business. We are privileged to serve more than 380 companies in 34 countries. For more information, please visit www.guidewire.com. Follow us on Twitter: @Guidewire_PandC.

1 Gartner Magic Quadrant for Property and Casualty Insurance Claims Management Modules, Jeff Haner, June 24, 2015