LONDON–(COMMERCIAL THREAD) – Guidewire Software, Inc. (NYSE: GWRE), today announced that it has positioned itself as a leader in Gartner, “Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe1“. The guidewire was placed higher on the ability to run axis and farthest on the completeness of the axis of vision. This is the fourth year that Gartner has produced a Magic Quadrant for non-life insurance platforms in Europe, and it is the fourth year that Guidewire has been named a leader. A free copy of the report can be viewed here.
“Leaders have the highest combined scores for Ability to Execute and Completeness of Vision. They have a deep understanding of the market, a strong focus on the non-life insurance industry, and a clearly articulated vision for the future of the market and their products. The leaders offer technically sound and functionally complete software products. They have a proven track record of implementation with an adequate installed base, ”according to the Gartner report.
“We are honored to be recognized by Gartner for the fourth consecutive year as a leader in its Magic Quadrant for Non-Life Insurance Platforms, Europe,” said Laurent Fontaine, Group Vice President, Sales, EMEA , Guidewire Software. “We are committed to being at the forefront of technological innovation in the non-life insurance industry and are setting the bar very high with our cloud-optimized platform. Client success remains our top priority and we welcome insurers looking to modernize their existing infrastructure and those looking to test the cloud by quickly bringing new business to market through an entirely new approach.
Guidewire’s momentum with InsuranceSuite between 2020 and 2021 includes:
Half-yearly versions of the Guidewire platform (Aspen and Banff in 2020, and Cortina so far in 2021), delivered as a cloud service, to accelerate innovation. Complex upgrades are a thing of the past and the O&M costs are shifted to Guidewire.
Delivery of Guidewire Cloud Platform which provides an architecture designed by Guidewire for the cloud. It includes infrastructure, application services, and data services, and enables provisioning, scalability, and security for Guidewire cloud products.
Guidewire core platform reimagined with built-in analytics and native support for digital experiences for customers, agents and employees – the world’s most comprehensive P&C insurance platform.
The industry’s first smart loop analytics platform that enables better understanding of the risk signal, more automated processes, better decision making, better customer experience, and better business intelligence.
A comprehensive set of APIs and integration tools, along with a world-class developer experience, that accelerate innovation while facilitating integration with other systems and the creation of add-ons through a growth Guidewire Market.
The functional completeness of the product, tooling and methodology to continuously reduce the costs of implementing and operating the Guidewire platform.
* Additional recognition:
Magic Quadrant for P&C Core Platforms, North America, named a Leader seven times in a row *
1 Gartner, Magic Quadrant for Non-Life Insurance Platforms, Europe, James ingham, Sham gill, September 27, 2021
Gartner, Magic Quadrant for P&C Core Platforms, North America, James ingham, Sham gill, September 14, 2021
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About the guide wire
Guidewire is the platform general insurers trust to engage, innovate and grow effectively. We combine digital, core, analytics and AI to deliver our platform as a cloud service. Over 400 insurers, from new businesses to the world’s largest and most complex, operate on Guidewire.
As a partner of our clients, we continuously evolve to enable their success. We pride ourselves on our unprecedented implementation track record, with over 1,000 successful projects, supported by the industry’s largest R&D team and ecosystem of partners. Our marketplace provides hundreds of apps that accelerate integration, localization and innovation.
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