Smart Approach Blog

Welcome to Guidewire’s blog for property/casualty insurance. Here we'll share our experiences and lessons learned from more than 300 implementation projects. We'll also offer our point of view on industry trends and advice to help you adapt and succeed on your journey of continuous improvement.

Things Consumers Would Give Up To Use Messaging ... Read More >
Understanding why Superman can fly and run faster than a speeding locomotive is something many European insurers might want to consider. As every comic hero fan knows, Superman had superpowers on Earth because his physique was optimized for living on Krypton, a world with much more extreme environmental conditions.... Read More >
Historians use eras to help map out the big gearshifts in economic and social change in retrospect. For the people who lived during those periods, well-known historical terms like the Middle Ages would have been unknown. For example, a medieval peasant knew they were a peasant but not that they were a medieval peasant.  Medieval was a term first coined in 1604, more than a hundred years after the Middle Ages are said to have ended.... Read More >
IT dollars are scarce in the insurance industry; the IT spend is closely scrutinized and a strong business case is necessary to secure those funds. For this reason, developing a good business case for a Guidewire upgrade project is the first step in getting approval for funding.... Read More >
While actuarial science has been leveraged for decades in insurance pricing, the industry stands to benefit greatly by both expanding the methods being used, and extending those methods to claims operations and underwriting. For example, predictive modelling can help with early identification of people whose injuries are likely to become more severe so that proactive action can be taken. However, using predictive analytics effectively across an entire business can be complicated.... Read More >
Next year is the fortieth anniversary of when Lloyd’s decided to make a dramatic, concrete and steel statement about its past and future.... Read More >
During the recent meeting of the Italian Observatory on Telematics and Connected Insurance, SwissRe presented a white paper, “Unveiling the Full Potential of Telematics”.... Read More >
The UK is becoming a country of renters rather than home-owners according to a recent government whitepaper.... Read More >
In Part One of this blog post series, I discussed some data migration approaches for Guidewire ClaimCenter®.... Read More >
In a recent webinar (Reporting and Data Considerations during Guidewire Core Systems Upgrade), we asked our attendees which core legacy system(s) – Claims, Policy, Billing, or None – they hav... Read More >

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