Guidewire
Software®, a provider of software products to Property/Casualty
insurers, today announced that it has been named the winner of the 2013
XCelent Awards for Breadth of Functionality in Celent’s North
American Policy Administration Systems 2013 Personal, Commercial, and
Specialty ABCD Vendor View1 report.
The XCelent Awards are based on Celent’s ABCD Vendor View, a framework
used for evaluating technology solutions. Vendor scores were determined
through RFIs, customer reference surveys and interviews which provided
quantitative as well as qualitative data. An excerpt from the report can
be viewed here.
“The effort Guidewire has put into PolicyCenter’s usability and
configurability is evident,” said Donald Light, Senior Analyst in
Celent’s insurance practice and co-author of the report. “In the past
two years, PolicyCenter has seen a high level of market acceptance among
all sizes of insurers, and across global regions. PolicyCenter, together
with ClaimCenter and BillingCenter, offers insurers a good option for a
fully integrated core systems suite.”
Guidewire’s Vice President of Marketing, Brian Desmond, thanked Celent
for the recognition. “We’re proud of the momentum we have had thus far
with our PolicyCenter product and appreciate receiving this recognition
from Celent, a well-respected P&C Insurance analyst firm.”
Desmond added, “It is humbling to us that our customers assigned
exceptional ratings in all categories via the client feedback survey and
that the functionality we have worked very hard to build into
PolicyCenter has been so favorably received.”
Guidewire PolicyCenter® is a flexible underwriting and policy
administration system that enables Property/Casualty insurers to grow
their business profitably by improving efficiency, while responding with
agility to market opportunities and enhancing relationships with brokers
and customers. Designed to support personal, commercial and specialty
lines, PolicyCenter helps insurers streamline front and back office
processes, from new business submission and quoting through policy
renewals. PolicyCenter is available as a standalone system or as part of
Guidewire InsuranceSuite™, and can be integrated to an insurer’s
existing systems and third party applications.
About Guidewire Software
Guidewire builds software products that help Property/Casualty insurers
replace their legacy core systems and transform their business. Designed
to be flexible and scalable, Guidewire products enable insurers to
deliver excellent service, increase market share and lower operating
costs. Guidewire InsuranceSuite™ provides the core systems used by
insurers as operational systems of record. Additional products provide
support for data management, business intelligence, anytime/anywhere
access, and guidance and monitoring. More than 150 Property/Casualty
insurers around the world have selected Guidewire. For more information,
please visit www.guidewire.com.
Follow us on twitter: @Guidewire_PandC.
NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, Guidewire InsuranceSuite,
Guidewire PartnerConnect, Guidewire SolutionConnect, Guidewire Live,
Live Inside, Before & After, Claim Canvas, Viewpoint, Deliver Insurance
Your Way, and the Guidewire logo are trademarks, service marks, or
registered trademarks of Guidewire Software, Inc. in the United States
and/or other countries.
1 North American Policy Administration Systems 2013 –
Personal, Commercial, and Specialty ABCD Vendor View, Celent, Mike
Fitzgerald and Donald Light, November, 2013.
Copyright Business Wire 2014