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Guidewire Outlines Vision That Offers Competitive Advantages for Global Insurers at the Guidewire Insurance Forum in Paris

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Guidewire (NYSE: GWRE) hosted its largest European Insurance Forum in Paris, attracting over 375 attendees from 16 countries. The event showcased Guidewire's expanding European presence, now serving 76 customers across 19 countries, with 30 adopting Guidewire Cloud Platform.

The company unveiled three strategic initiatives:

  • A new Agentic AI Development Framework to enhance developer efficiency and improve experiences for underwriters and claims adjusters
  • Transformation of underwriting processes using AI for automated data extraction and analysis
  • Implementation of AI-based Adjuster Assistant for streamlined claims handling

Guidewire also announced plans to acquire Quantee, a Polish insurtech startup, to enhance their dynamic pricing capabilities on the Guidewire Cloud Platform. The company's European expansion includes partnerships with 90 technology providers and a workforce of 4,000 consultants and 950 employees.

Guidewire (NYSE: GWRE) ha ospitato il suo più grande Forum Europeo sull'Assicurazione a Parigi, attirando oltre 375 partecipanti provenienti da 16 paesi. L'evento ha messo in mostra la crescente presenza di Guidewire in Europa, che ora serve 76 clienti in 19 paesi, con 30 di essi che hanno adottato la Guidewire Cloud Platform.

L'azienda ha svelato tre iniziative strategiche:

  • Un nuovo Framework di Sviluppo AI Agentic per migliorare l'efficienza degli sviluppatori e migliorare l'esperienza per i sottoscrittori e i periti dei sinistri
  • Trasformazione dei processi di sottoscrizione utilizzando l'AI per l'estrazione e l'analisi automatizzata dei dati
  • Implementazione di un Assistente per Periti basato su AI per una gestione semplificata dei sinistri

Guidewire ha anche annunciato piani per acquisire Quantee, una startup insurtech polacca, per migliorare le proprie capacità di pricing dinamico sulla Guidewire Cloud Platform. L'espansione europea dell'azienda include partnership con 90 fornitori di tecnologia e una forza lavoro di 4.000 consulenti e 950 dipendenti.

Guidewire (NYSE: GWRE) organizó su mayor Foro Europeo de Seguros en París, atrayendo a más de 375 asistentes de 16 países. El evento mostró la creciente presencia de Guidewire en Europa, que ahora atiende a 76 clientes en 19 países, con 30 adoptando la Guidewire Cloud Platform.

La empresa presentó tres iniciativas estratégicas:

  • Un nuevo Marco de Desarrollo AI Agentic para mejorar la eficiencia de los desarrolladores y optimizar las experiencias de los suscriptores y ajustadores de reclamaciones
  • Transformación de los procesos de suscripción utilizando AI para la extracción y análisis automatizado de datos
  • Implementación de un Asistente de Ajustador basado en AI para una gestión de reclamaciones más ágil

Guidewire también anunció planes para adquirir Quantee, una startup insurtech polaca, para mejorar sus capacidades de precios dinámicos en la Guidewire Cloud Platform. La expansión europea de la empresa incluye asociaciones con 90 proveedores de tecnología y una fuerza laboral de 4,000 consultores y 950 empleados.

Guidewire (NYSE: GWRE)는 파리에서 가장 큰 유럽 보험 포럼을 개최하여 16개국에서 온 375명 이상의 참석자를 끌어들였습니다. 이 행사는 이제 19개국에서 76명의 고객을 서비스하며 30개 고객이 Guidewire Cloud Platform을 채택한 Guidewire의 유럽 내 확장을 보여주었습니다.

회사는 세 가지 전략적 이니셔티브를 발표했습니다:

  • 개발자 효율성을 높이고 언더라이터 및 클레임 조정자의 경험을 향상시키기 위한 새로운 Agentic AI 개발 프레임워크
  • AI를 사용하여 데이터 추출 및 분석을 자동화하여 언더라이팅 프로세스 혁신
  • 클레임 처리를 간소화하기 위한 AI 기반 조정자 보조 도구 구현

Guidewire는 또한 Guidewire Cloud Platform에서의 동적 가격 책정 기능을 향상시키기 위해 폴란드의 인슈어테크 스타트업 Quantee를 인수할 계획을 발표했습니다. 회사의 유럽 확장은 90개의 기술 제공업체와의 파트너십 및 4,000명의 컨설턴트와 950명의 직원으로 구성된 인력을 포함합니다.

Guidewire (NYSE: GWRE) a organisé son plus grand Forum Européen sur l'Assurance à Paris, attirant plus de 375 participants de 16 pays. L'événement a mis en avant la présence croissante de Guidewire en Europe, qui dessert désormais 76 clients dans 19 pays, avec 30 d'entre eux ayant adopté la Guidewire Cloud Platform.

L'entreprise a dévoilé trois initiatives stratégiques :

  • Un nouveau Cadre de Développement AI Agentic pour améliorer l'efficacité des développeurs et optimiser les expériences des souscripteurs et des experts en sinistres
  • Transformation des processus de souscription grâce à l'IA pour l'extraction et l'analyse automatisées des données
  • Mise en œuvre d'un Assistant Ajusteur basé sur l'IA pour une gestion des sinistres simplifiée

Guidewire a également annoncé des plans pour acquérir Quantee, une startup insurtech polonaise, afin d'améliorer ses capacités de tarification dynamique sur la Guidewire Cloud Platform. L'expansion européenne de l'entreprise comprend des partenariats avec 90 fournisseurs de technologie et une main-d'œuvre de 4 000 consultants et 950 employés.

Guidewire (NYSE: GWRE) veranstaltete sein größtes europäisches Versicherungsforum in Paris und zog über 375 Teilnehmer aus 16 Ländern an. Die Veranstaltung zeigte die wachsende Präsenz von Guidewire in Europa, das jetzt 76 Kunden in 19 Ländern bedient, wobei 30 die Guidewire Cloud Platform übernommen haben.

Das Unternehmen stellte drei strategische Initiativen vor:

  • Ein neues Agentic AI-Entwicklungsframework zur Steigerung der Effizienz der Entwickler und Verbesserung der Erfahrungen für Underwriter und Schadensregulierer
  • Transformation der Underwriting-Prozesse durch den Einsatz von KI zur automatisierten Datenerfassung und -analyse
  • Implementierung eines KI-gestützten Adjuster-Assistenten für eine optimierte Schadensbearbeitung

Guidewire kündigte auch Pläne zur Übernahme von Quantee, einem polnischen Insurtech-Startup, an, um ihre dynamischen Preisgestaltungsfähigkeiten auf der Guidewire Cloud Platform zu verbessern. Die europäische Expansion des Unternehmens umfasst Partnerschaften mit 90 Technologieanbietern und eine Belegschaft von 4.000 Beratern und 950 Mitarbeitern.

Positive
  • Strategic acquisition of Quantee to enhance dynamic pricing capabilities
  • Strong European market presence with 76 customers across 19 countries
  • 30 customers already adopted Guidewire Cloud Platform
  • Expanding technology partnership network with 90 partners
Negative
  • None.

PARIS--(BUSINESS WIRE)-- Guidewire (NYSE: GWRE) held its annual European Insurance Forum event on 25 March at La Maison de la Mutualité in Paris. The largest-ever Guidewire event in Europe drew more than 375 attendees from 16 countries, a sign of Guidewire's market-leading presence in Europe which has expanded to include 76 customers across 19 countries with 30 selecting Guidewire Cloud Platform, 90 technology partners, 4,000 consultants and 950 employees.

At the Insurance Forum, Guidewire detailed its vision to increase agility and eliminate operational friction across the P&C insurance industry through the comprehensive and integrated Guidewire Cloud Platform—with innovations from product design to pricing and rating, digital engagement, data and analytics, AI and a robust app marketplace—to help insurers remain competitive in a rapidly evolving market.

Four of Guidewire’s Europe-based customers shared stories of transformation from the main stage, along with unique insights on hot topics, including leveraging automation to modernize claims management, delivering enhanced customer experiences, redefining microinsurance operations and advancing commercial lines success with analytics.

In keynote remarks delivered by Guidewire CEO Mike Rosenbaum, Chief Product Development Officer Diego Devalle and Managing Director, EMEA, Will McAllister, Guidewire noted they expect the industry to derive tremendous value from applications of Generative AI (GenAI) across the P&C lifecycle. To that end, Guidewire is extending their platform to include an Agentic AI Development Framework, focused initially on improving developer efficiency and enabling intelligent experiences for underwriters and claims adjusters.

Three ongoing strategic initiatives were also highlighted, including:

Redefining underwriting excellence - Guidewire described the first in a series of capabilities designed to reshape the underwriting process in P&C - transforming risk assessment from a reactive process to a dynamic, intelligence-driven decision engine. They discussed a solution that will apply Agentic AI to automatically extract, enrich, and summarize data from new business submissions to reduce manual data entry while allowing underwriters to make faster and better-informed decisions.

Elevating the claims experience - Guidewire demonstrated how Agentic AI can improve the claims adjuster experience and streamline claims handling. This included an AI-based Adjuster Assistant automatically generating high-level summaries of claim files and attached documents that surface the most relevant, actionable information and provide guidance on next steps.

Integrated pricing and rating vision - Guidewire shared how insurers of the future could unlock the power of an advanced actuarial pricing engine on Guidewire Cloud Platform, making static, one-size-fits-all pricing a thing of the past. To accelerate progress against this vision, Guidewire has signed a definitive agreement to acquire Quantee, a Poland-based insurtech startup specializing in dynamic pricing software.

“The Guidewire Insurance Forum in Paris is the largest event we have ever held in Europe, and it’s where P&C insurance leaders and technology experts meet to advance the future of the industry in Europe,” said Will McAllister, SVP and managing director, EMEA, at Guidewire. “Guidewire’s clear vision for product and service excellence in EMEA, including an integrated core platform that delivers the insights and engagement tools insurers need to grow efficiently in unprecedented market and environmental conditions, is helping European insurers to shape a more agile, responsive and impactful insurance industry of the future.”

About Guidewire

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.

We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on X (formerly known as Twitter) and LinkedIn.

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

Melissa Cobb

Director, Public Relations

Guidewire Software, Inc.

+1.650.464.1177

mcobb@guidewire.com

Source: Guidewire

FAQ

What strategic initiatives did Guidewire (GWRE) announce at the 2024 Paris Insurance Forum?

Guidewire announced three initiatives: Agentic AI Development Framework, AI-powered underwriting transformation, and AI-based Adjuster Assistant for claims handling.

How many European customers does Guidewire (GWRE) currently serve?

Guidewire serves 76 customers across 19 European countries, with 30 customers using Guidewire Cloud Platform.

What is the significance of Guidewire's (GWRE) Quantee acquisition?

The Quantee acquisition aims to enhance Guidewire's dynamic pricing capabilities on their Cloud Platform, moving away from static, one-size-fits-all pricing.

What is Guidewire's (GWRE) current European market presence?

Guidewire's European presence includes 90 technology partners, 4,000 consultants, 950 employees, and serves 76 customers across 19 countries.
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