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IDC MarketScape Positions Guidewire as a Leader in its First Assessment for Worldwide Policy Administration Systems

FOSTER CITY, Calif., 1 Luglio 2015

Guidewire Software, Inc. (NYSE: GWRE), a provider of flexible software products to Property/Casualty (P/C) insurers, today announced that  the company was positioned as a leader in the recently published, “IDC MarketScape: Worldwide Policy Administration Systems 2015 Vendor Assessment.1 An excerpt from the report can be viewed here.

In its inaugural year, the IDC MarketScape assessment for policy administration systems evaluated the “capabilities and business strategies of 10 global vendors offering policy administration systems (PAS) to IT buyers.” The report aimed to facilitate more informed investment decisions and provide information on how the vendors featured can help insurers meet their business goals and technology expectations.

“A factor that propelled Guidewire to its position within our IDC MarketScape chart for its across-the-board strength and depth includes being built using state-of-the-art modern technology and architecture with no legacy or acquired code,” wrote Li-May Chew, associate research director, IDC and author of the report. “Guidewire has one of the more robust P/C PAS currently in the market, and such scalability and flexibility appeal to customers that are expanding and demand a solution that will be able to meet their future strategic requirements.”

“Guidewire is honored to be named a leader in the IDC MarketScape’s review of global Policy Systems,” said Brian Desmond, senior vice president, Marketing, Guidewire Software. “On behalf of the Guidewire team, I’d like to congratulate IDC on this inaugural report and to thank them for this recognition which in many ways reflects the success our customers are having. We believe P/C insurance plays a vital role in society and that the industry is changing at a pace never seen before. It is incumbent upon Guidewire to ensure our customers have the technology required so that they can execute on their promise to their customers over the long term.”

Guidewire PolicyCenter® is a flexible underwriting and policy administration system that enables Property/Casualty insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers. Designed to support both commercial and personal lines, PolicyCenter helps insurers streamline front and back office processes, from new business submission and quoting through policy renewals. PolicyCenter 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.

Notizie su Guidewire Software

Guidewire fornisce la piattaforma per l’industria assicurativa su cui le compagnie del ramo danni (P&C) fanno affidamento per adattarsi e avere successo in un'epoca di continuo cambiamento.  Forniamo i software, servizi e un ecosistema di partner affinché i nostri clienti possano gestire, differenziare e far crescere il proprio business. Abbiamo il privilegio di servire più di 350 società in 32 Paesi. Per ulteriori informazioni, visitare l'indirizzo www.guidewire.it. Seguici su Twitter: @Guidewire_PandC.

1 IDC MarketScape: Worldwide Policy Administration Systems 2015 Vendor Assessment, Li-May Chew, May 2015; #AP251041