Guidewire Receives Three XCelent Awards for Policy Administration in EMEA

Rhea-AI Summary

Guidewire Software, Inc. (NYSE: GWRE) announced that its PolicyCenter has won the XCelent Award for the best policy administration system in Celent’s 2021 report, outperforming 41 solutions in categories such as Breadth of Functionality, Customer Base, and Depth of Service. The ongoing investment in PolicyCenter is highlighted as a key asset for the P&C Insurance community. This recognition is seen as a testament to Guidewire's commitment to innovation and customer success, supported by over 400 insurers utilizing their platform.

Positive

• PolicyCenter won the XCelent Award for best policy administration system.
• Recognized as leading solution in Breadth of Functionality, Customer Base, and Depth of Service categories.
• Ongoing investment in PolicyCenter signifies strong commitment to innovation.

Negative

• None.

Guidewire Software, Inc. (NYSE: GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, today announced that PolicyCenter has again been named an XCelent Awards winner in Celent’s P&C Policy Administration Systems in EMEA: 2021 XCelent Awards, Powered by Vendor Match report. PolicyCenter was acknowledged as the top solution from 41 policy administration solutions evaluated in the Breadth of Functionality, Customer Base, and Depth of Service categories. An extract from the report can be read here.

“Guidewire PolicyCenter continues to be one of the leading policy administration systems – as evidenced by its upgraded UI, various usable improvements, and its introduction of the Advanced Product Designer component,” said Craig Beattie, senior analyst, Celent, and report author. “Guidewire is actively and continually investing in PolicyCenter which is beneficial to the P&C Insurance community.”

“We are honoured that Celent has once again recognised the strength of our platform, and are grateful to all our customers, especially those who participated in this report,” said Keith Stonell, managing director - EMEA, Guidewire. “At Guidewire, it is our ongoing commitment to innovate and enrich our platform to support our customers and ensure their success; and we regard these awards as a testament to the collaborative efforts within the Guidewire community towards our continuous improvement.”

The XCelent Functionality Award for the leading solution in the "Breadth of Functionality" category is based on various criteria, including functions and features in the base offering, in-production lines of business and number of deployments for each, countries where the system is live, and user experience. The XCelent Award for the leading solution in the “Customer Base” category considers the number of customers in production with the respective policy administration system for personal, commercial, or specialty lines of business, and new client momentum in the EMEA region. The XCelent Service Award for the best solution in the "Depth of Service" category reflects the size of professional services and support team in the region, and post-implementation experiences of insurers.

About Guidewire

Guidewire is the platform general 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/20210208005068/en/

FAQ

What awards did Guidewire's PolicyCenter win in 2021?

PolicyCenter won the XCelent Award for best policy administration system in Celent’s 2021 report.

What criteria were used for the XCelent Awards?

Criteria included Breadth of Functionality, Customer Base, and Depth of Service.

How many solutions were evaluated for the XCelent Awards?

A total of 41 policy administration solutions were evaluated.

What companies trust Guidewire's platform?

Over 400 insurers, ranging from new ventures to the largest in the world, use Guidewire.

What does Guidewire aim for in its platform development?

Guidewire aims to continually innovate and enrich its platform to support customer success.