Blog Archive

April 2015

We all agree that predictive modeling is a powerful tool that can help us make better business decisions in every segment of the P&C insurance value chain. Daily we come across all kinds of industry statistics on how P&C carriers are planning to increase their investment in predictive analytics and where they are planning to invest. The ‘how we do it’ is equally important as the ‘what we do’.

When business users talk about operational reports, their primary concern is the output - the information they require to make the decision at hand.  To them, a report is a report is a report.  It’s a thing.  But to make reporting happen, you actually need three things, not one.

The right data

I love golf. So much so that my wife often questions my sanity. It’s my favorite sport to play and watch, but the latter only when I’m already sleepy and not playing golf. Why do I bring this up in a Guidewire blog? Golf holds a lot of similarities to building product, any kind of product, whether it’s a software product or an insurance offering. 

There are different aspects to both that hold key similarities. For simplicity, let’s break down building product into three buckets:

One of the most frequent questions I get during a sales cycle is “What’s the best way to integrate my document solution with Guidewire?” Another way to frame this question is “How will your products impact my current document infrastructure?”