Business Wire IndiaGuidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, announced that Guidewire InsuranceSuite™ has been recognized as a Leader in Gartner, Inc.’s “Magic Quadrant for P&C Core Platforms, North America.1” InsuranceSuite comprises essential core systems that support the P&C insurance lifecycle including underwriting, policy, billing, and claims management. It was positioned highest on the ability to execute axis and furthest on the completeness of vision axis in the report.
The report evaluates 15 vendor solutions in the P&C core platform market that have qualified for inclusion. Guidewire InsuranceNow™, optimized for customers seeking a cloud-based all-in-one suite, was recognized as a Challenger in this report. The report can be viewed here.
“The scope of this research has expanded beyond the policy management module to the core platform because Gartner has observed a strong shift in buyer preferences toward vendors that offer broader capabilities, which include customer experience, partner management and data management capabilities,” wrote Jeff Haner, research director, Insurance, Gartner and author of the report.
“The Guidewire team is honored that InsuranceSuite has been named a Leader by Gartner in its Magic Quadrant for P&C Core Platforms, NA,” said Brian Vannoni, vice president and business owner, Core Operations, Guidewire Software. “We are committed to providing the technology our customers need to adapt and succeed in the rapidly changing P&C insurance industry. We believe this report reflects our growing investment in our software and the success of Guidewire customers - we are grateful for their ongoing support.”
Guidewire’s position in the Leaders quadrant follows two consecutive years as a Leader in Gartner, Inc.’s “Magic Quadrant for Property and Casualty Insurance Policy Management Modules, North America.2” The company has also been positioned as a Leader in the “Magic Quadrant for Property and Casualty Insurance Claims Management Modules,3” for three consecutive years.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
1 Gartner, Magic Quadrant for P&C Core Platforms, North America, Jeff Haner, September 28, 2017
2 Gartner, Magic Quadrant for Property and Casualty Insurance Policy Management Modules, North America, Jeff Haner, January 25, 2016
3 Gartner, Magic Quadrant for Property and Casualty Insurance Claims Management Modules, Jeff Haner, July 21, 2016
About Guidewire Software
Guidewire delivers the software that Property and Casualty (P&C) insurers need to adapt and succeed in a time of rapid industry change. We combine three elements – core processing, data and analytics, and digital engagement – into a technology platform that enhances insurers’ ability to engage and empower their customers and employees. More than 300 P&C insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.
NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire PolicyCenter, and Guidewire BillingCenter are registered trademarks of Guidewire Software, Inc. in the United States and/or other countries.
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