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Since I joined Guidewire in 2018, the Products and Engineering team has focused on pivoting Guidewire to think and execute cloud-first. As a result, the first Aspen release is an enormous milestone for our customers and the P&C industry—as well as for Guidewire—in terms of both execution and product innovation. ... Read More >
COVID-19 has taken an enormous toll on the U.S. economy, with 33 million unemployment claims, plunging equity markets, and hundreds of thousands of closed businesses. While its impact on the insurance industry could also be significant, the extent of this impact is yet unknown. ... Read More >
For tech-forward insurers, predictive risk analytics has become key to profitable underwriting in the enormous market for small-business workers’ compensation insurance. But in the age of COVID-19, the competitive importance of these technologies may very well become a make-or-break proposition. ... Read More >
The current COVID-19 outbreak and mitigation efforts around the globe have impacted nearly every part of life, and insurance is no exception. While many industry experts have hypothesized about the overall implications for the P&C sector, and insurers are analyzing their books of business, we at Guidewire are extrapolating from transactional data to better understand emerging patterns. ... Read More >
The Future at Lloyd’s Blueprint One, the plan to transform the market, has been covered widely by City of London insurance pundits, but there is still a long way to go before we know what it looks like.... Read More >
While COVID-19 mitigation efforts justifiably focus on humanitarian concerns, businesses in the financial and insurance industries may not be aware of the associated cyber-risk implications of dealing with the COVID-19.  There is bad news and good news from a cyber risk perspective. ... Read More >
Our aspiration at Guidewire Cyence is to enable insurers to establish themselves as the ultimate cyber risk transfer destinations for their clients. Guidewire Cyence Risk Analytics is the most advanced cyber solution available—an economic cyber risk modeling solution that adjusts as the cyber landscape shifts. Guidewire Cyence continuously gathers data and updates economic models based on changing circumstances, delivering tangible benefits to insurers and their customers as they face the volatility generated from evolving 21st-century risks. ... Read More >
Digital transformation is a phrase used frequently in the insurance industry, and for good reason – keeping up with an increasingly digital and mobile world is critical for continuing to meet buyers’ needs. This transformation, like any major change, is rarely easy, and it can be particularly difficult for commercial lines insurers to know where to start.... Read More >
Insurers have access to an unprecedented amount of information today. They can look at the treasure troves of internal information collected through historical artifacts, access external up-to-the-minute information on the current state of the relevant landscape, and capture behavioral information from the digital footprints of their customers and partners.... Read More >

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