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GUIDEWIRE SOFTWARE, INC. - GWRE STOCK NEWS

Welcome to our dedicated page for GUIDEWIRE SOFTWARE news (Ticker: GWRE), a resource for investors and traders seeking the latest updates and insights on GUIDEWIRE SOFTWARE stock.

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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Guidewire (NYSE: GWRE) will present at the 44th Annual William Blair Growth Stock Conference. The presentation is scheduled for Thursday, June 6, 2024, at 10:00 a.m. CT (8:00 a.m. PT) in Chicago, Illinois.

A live webcast and replay will be available on the company's investor relations website.

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Guidewire (NYSE: GWRE) announced it will release its third-quarter financial results for the fiscal year 2024 on June 4, 2024, after market close. The results pertain to the fiscal quarter ending April 30, 2024. A conference call and webcast will be held at 2:00 p.m. PT (5:00 p.m. ET) on the same day to review and discuss the results. The webcast will be available for replay two hours after the call and will remain accessible on Guidewire's website for three months.

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United Heritage Insurance, a multi-state provider in Idaho and Oregon, has chosen Guidewire InsuranceNow to update its operations and support future growth. This cloud-based platform aims to enhance efficiencies, agent and customer service, and overall business operations. United Heritage's property and casualty divisions, Sublimity Insurance Company and United Heritage Property and Casualty Company, will implement the system gradually. CEO Todd Gill highlighted benefits like improved automation, better hands-on experiences for agents and customers, and increased employee engagement. Guidewire's GM for Claims and InsuranceNow, Zachary Gustafson, expressed enthusiasm about supporting United Heritage’s mission with their modern technology.

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Guidewire and CLARA Analytics have launched a new integration available in the Guidewire Marketplace for ClaimCenter users on Guidewire Cloud. This integration employs predictive and generative AI to monitor insurance claims from start to finish, providing actionable insights to optimize outcomes. The system aims to improve workflow efficiency, reduce manual labor, and lower claims costs by syncing data automatically and offering early intervention. CLARA’s tools also help adjusters with provider scoring and attorney involvement management. The pre-built integration aims to enhance cloud delivery and maintenance efficiency.

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Guidewire (NYSE: GWRE) announced the awarding of 15 specializations to six Guidewire PartnerConnect Consulting partners in Q2 FY 2024.

Accenture, Capgemini, Deloitte, IBM, IKOR, and NXT Level Technologies received these recognitions across various regions and products.

Specializations help partners demonstrate skills, knowledge, and competency in specific Guidewire products, validated by certifications and customer references.

Guidewire PartnerConnect Consulting partners have now achieved a total of 227 specializations.

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Guidewire (NYSE: GWRE) and VIP Software™ have launched a new integration in the Guidewire Marketplace, offering insurers an automated solution for vendor management. VIP Software's BAP™ solution helps insurers reduce claims leakage and manage loss costs through automation and analytics, streamlining vendor invoice creation, approval, and allocation processes. The integration allows for seamless data transfer between ClaimCenter and VIP Software, automatic invoice creation based on fee schedules, and improved operational efficiency for insurers.

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Guidewire PartnerConnect Consulting and Global Premier partner, Cognizant, has achieved the Migration Acceleration Specialization to help insurers transition to Guidewire Cloud more efficiently. Cognizant's expertise in GWCP migrations allows insurers to enhance user experiences, operational efficiency, and gain a competitive edge in the insurance industry.

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Guidewire, a global Insurtech leader, is expanding its popular Insurtech Vanguards Pitch Day globally, with events in Sydney, Australia, and Dublin, Ireland, in 2024. The program, sponsored by PwC, connects top insurtechs with industry leaders and investors, aiming to showcase innovative solutions in the P&C industry. Guidewire is committed to nurturing key entrepreneurial communities worldwide, offering digital solutions for insurers and promoting collaboration between insurers and insurtechs.

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Guidewire (NYSE: GWRE) launched its first-ever DEVSummit to unite, educate, and energize the global Guidewire development community. The event features mainstage keynotes, deep-dive workshops, certification courses, and a virtual hackathon. Attendees will gain insights on development trends, Guidewire's growth plan, and the latest features across the Guidewire Cloud Platform.
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Guidewire (GWRE) and Claimatic collaborate to automate claims processes with a new integration, enhancing operational efficiency for insurers. The integration allows for automatic data transfer between ClaimCenter and Claimatic, enabling insurers to dispatch claims assignments quickly and optimize workforce efficiency.
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FAQ

What is the current stock price of GUIDEWIRE SOFTWARE (GWRE)?

The current stock price of GUIDEWIRE SOFTWARE (GWRE) is $176.03 as of December 20, 2024.

What is the market cap of GUIDEWIRE SOFTWARE (GWRE)?

The market cap of GUIDEWIRE SOFTWARE (GWRE) is approximately 14.4B.

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

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GWRE Stock Data

14.39B
83.12M
0.48%
99.74%
2.1%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN MATEO