Guidewire InsuranceSuite Recognized as a Leader for Seventh Consecutive Time in the 2021 Gartner® Magic Quadrant™ for P&C Core Platforms, North America

InsuranceSuite once again achieves the highest and furthest overall position for its ability to execute and completeness of vision

SAN MATEO, Calif.--(BUSINESS WIRE)-- Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced InsuranceSuite has again been recognized as a Leader in the Gartner, Inc. “Magic Quadrant for P&C Core Platforms, North America¹.” InsuranceSuite was positioned highest on the ability to execute axis and furthest on the completeness of vision axis in the report, which can be viewed here.

Guidewire InsuranceSuite Positioned as a Leader for Seventh Consecutive Time, in the 2021 Gartner® Magic Quadrant™ for P&C Core Platforms, North America (Graphic: Business Wire)

“While it was predicted that the COVID-19 pandemic would impact sales execution across enterprise software, the P&C core platform market remained remarkably resilient,” wrote Gartner. “Overall, there has been an increase in full-suite implementations (policy, billing and claims) in 2020 over the prior years.”

“We are thrilled that Gartner has named InsuranceSuite as a Leader in its Magic Quadrant for P&C Core Insurance Platforms, North America for the seventh consecutive time,” said Eugene Lee, general manager, InsuranceSuite, Guidewire Software. “We believe this recognition validates the continuous improvements we are making to the suite to ensure insurers remain innovative and efficient as they grow their businesses.”

Guidewire’s momentum with InsuranceSuite during 2020 – 2021 includes:

• Twice yearly releases 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 operation and maintenance burdens are transferred to Guidewire.
• Delivery of Guidewire Cloud Platform which provides a Guidewire-engineered architecture for the cloud. It includes infrastructure, application services, and data services and enables the provisioning, scalability, and security of Guidewire cloud products.
• The reimagined Guidewire core platform with embedded analytics and native support for digital experiences for customers, agents, and employees — the most complete P&C insurance platform in the world.
• The industry’s first smart-loop analytics platform which enables improved understanding of risk signal, more automated processes, better decision-making, a better customer experience, and improved business intelligence.
• A complete set of APIs and integration tools, along with a world-class developer experience, that accelerate innovation while making it easier to integrate with other systems and build add-ons through a growing Guidewire Marketplace.
• Product functional completeness, tooling, and methodology to continually drive down the cost of implementing and operating the Guidewire platform.

Ninety-two Guidewire InsuranceSuite and InsuranceNow customers combined have selected Guidewire Cloud. Guidewire InsuranceNow has also received repeat recognition as a Challenger in this report.

*Additional Recognition:

• Magic Quadrant for Non-Life Insurance Platforms, Europe, named a Leader three consecutive times*

*This does not include 2021 results.

¹ Gartner, Magic Quadrant for P&C Core Platforms, North America, Sham Gill, James Ingham, September 14, 2021

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Disclaimer

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.

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on Twitter:

@Guidewire_PandC.

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210920005208/en/

Melissa Cobb

Senior Public Relations Manager

Guidewire Software, Inc.

+1.650.464.1177

mcobb@guidewire.com

Source: Guidewire Software, Inc.