performance

Apr
10
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’.

Apr
08
2014

According to JD Power's most recent claims satisfaction study, “the most important metric in claims” is cycle time—specifically, time till customers get paid. And it just so happens that for the third year in a row, the best in the business is a Guidewire ClaimCenter customer:

Mar
14
2014

When potential software buyers are evaluating different options and third party solutions, they typically brainstorm and refine a long list of required functionality or performance concerns that must be addressed by the software in question. One of the first tools identified to resolve these questions is the formal proof-of-concept (POC.) Here is some food for thought when planning your next POC.

Mar
22
2013

Many of the best engineering problems form at the crossroads of competing interests: material strength versus weight for rocket parts, displacement versus efficiency for engines, or energy density versus longevity (or perhaps flammability) for batteries.

Dec
07
2012

Insurance carriers are obsessed with models. Catastrophe models, predictive models, statistical models – they are all the rage. Tyra Banks would be proud. Models (of the non-runway variety) are useful tools to answer questions like “what could happen” and “what might be”.  But these models are most useful when trying to speculate on the future. We should have better ways to evaluate the present and the past. 

Nov
29
2012

As much as I’m tempted to just say “42”, this is a more interesting question than it seems on the surface. Many Guidewire customers have an enterprise guideline for environments that every development project must adhere to, and our products fit nicely into such a structure. Others are looking for guidance and a best practice recommendation from a vendor like Guidewire.