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Guidewire Software, Inc. (symbol: GWRE) is a leading provider of software solutions tailored for the property and casualty (P/C) insurance industry. Guidewire combines core processing, data analytics, and digital engagement into a unified technology platform. This platform enables insurers to adapt and thrive amid the rapid changes in the industry.
Guidewire's flagship product, InsuranceSuite, is a comprehensive on-premises system of record. It comprises three main components:
- ClaimCenter: A robust claims management system designed to streamline and optimize claims processing.
- PolicyCenter: A policy management system that handles policy definitions, quotations, issuance, maintenance, and renewals.
- BillingCenter: A billing management system that facilitates payment plans and agent commissions.
In addition to InsuranceSuite, Guidewire offers InsuranceNow, a cloud-based solution, along with a variety of other add-on applications to enhance functionality and user experience.
With over 200 P/C insurers worldwide utilizing Guidewire's software, the company emphasizes customer and employee empowerment through technology. Guidewire is not only focused on delivering high-quality products but also on fostering partnerships and innovation within the insurance sector.
For the latest updates on Guidewire's projects, developments, and news, you can check out their blog, Smart Approach, at http://www.guidewire.com/blog/ or follow them on Twitter at @Guidewire_PandC.
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Velocity Risk Underwriters implements Guidewire InsuranceNow to launch new products, increase efficiency, and improve profitability.
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Golden Bear Insurance Company successfully deployed Guidewire ClaimCenter on Guidewire Cloud to power claims operations and deliver value to agents and policyholders. The implementation project was smooth and agile, resulting in improved compliance, workflows, and data analysis. Golden Bear can now track all claims data in one system and utilize ClaimCenter to its full potential. The collaboration between Guidewire and Accenture is helping Golden Bear unlock new data-led insights and streamline the claims experience for customers.
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Guidewire (NYSE: GWRE) adds Migration Acceleration Specialization to PartnerConnect Consulting program, Capgemini recognized as first partner. Specialization designed to lower transition costs, accelerate cloud implementation, and improve delivery quality. Guidewire Cloud unlocks speed of change with predictable scale. Capgemini enables clients to succeed in evolving risk environment and provides seamless customer experience. Partners with specializations can better promote their capabilities across Guidewire products and solutions.
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Guidewire (NYSE: GWRE) announced that Bindable™ has become a Guidewire PartnerConnect Solution partner and released the GO Product, integrating Guidewire Cloud and Bindable’s alternative distribution platform. This enables insurers to rapidly offer their products through Bindable’s extensive partner network, reaching new audiences and increasing agility.
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Vecto (NYSE: VECTO) joins Guidewire's Insurtech Vanguards program, offering alternatives to traditional replacement vehicles. The company aims to assist insurers in adopting innovative solutions for property and casualty (P&C) claims processing.
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GWRE: Guidewire Announces Hakuba Cloud Release to Drive Profitability for P&C Insurers. New capabilities include Autopilot Workflow Service, Integration Data Manager, Rating App, London Market underwriting improvements, and Cyence Model 6.
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Guidewire (NYSE: GWRE) and National Indemnity Company (NICO) have announced that NICO will be leveraging Guidewire Cloud to power its policy administration, underwriting, and billing businesses. This move aims to simplify IT operations, adapt quickly to changing market demands, and maintain the company's commitment to offering a wide selection of commercial insurance products. NICO will also be utilizing SmartCOMM™ from Smart Communications for customer communications management.
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NYSE: GWRE - ICPEI Selects Guidewire InsuranceSuite on Guidewire Cloud to Streamline Operations and Drive Growth in the Canadian Insurance Market
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Guidewire (NYSE: GWRE): Bowhead Specialty Implements InsuranceNow to Drive Innovation and Accelerate Product Launches
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Guidewire (GWRE): Franklin Mutual Insurance Group (FMI) Successfully Implements Guidewire Cloud for Increased Business Agility and Value Delivery
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FAQ
What is the current stock price of GUIDEWIRE SOFTWARE (GWRE)?
The current stock price of GUIDEWIRE SOFTWARE (GWRE) is $174.62 as of December 24, 2024.
What is the market cap of GUIDEWIRE SOFTWARE (GWRE)?
The market cap of GUIDEWIRE SOFTWARE (GWRE) is approximately 14.6B.
What does Guidewire Software, Inc. do?
Guidewire Software provides software solutions for the property and casualty insurance industry, offering products like InsuranceSuite, InsuranceNow, and other applications.
What is InsuranceSuite?
InsuranceSuite is Guidewire's flagship on-premises system of record, including ClaimCenter, PolicyCenter, and BillingCenter.
What are the components of InsuranceSuite?
InsuranceSuite comprises three main components: ClaimCenter (claims management), PolicyCenter (policy management), and BillingCenter (billing management).
What is InsuranceNow?
InsuranceNow is a cloud-based software solution provided by Guidewire for the property and casualty insurance industry.
How many insurers use Guidewire's software?
More than 200 property and casualty insurers worldwide have selected Guidewire's software solutions.
Where can I find the latest news about Guidewire?
For the latest updates and news, you can visit Guidewire's blog at http://www.guidewire.com/blog/ or follow them on Twitter at @Guidewire_PandC.
How does Guidewire support insurance companies?
Guidewire supports insurance companies by providing software that enhances core processing, data analytics, and digital engagement, enabling them to improve customer and employee interactions.
What industries does Guidewire serve?
Guidewire primarily serves the property and casualty insurance industry.
Does Guidewire offer cloud-based solutions?
Yes, Guidewire offers InsuranceNow, a cloud-based solution for the property and casualty insurance industry.
How does Guidewire enhance digital engagement?
Guidewire enhances digital engagement by integrating technology that empowers insurers to interact more effectively with their customers and employees.
GUIDEWIRE SOFTWARE, INC.
NYSE:GWRE
GWRE Rankings
GWRE Stock Data
14.58B
83.13M
0.48%
99.74%
2.1%
Software - Application
Services-prepackaged Software
United States of America
SAN MATEO