Guidewire Software, Inc. (NYSE:GWRE), a provider of software products
for Property/Casualty (P/C) insurers, today announced that it has
received a 2014 Vanguards in Insurance Practices (VIP) Award in the Insurance
Core Solutions category. The VIP Awards are sponsored by Insurance
Networking News (INN) in partnership with Celent and were
announced and presented at the recent Insurance Analytics Symposium in
New Orleans. Winners were determined by insurance company professionals
through their participation in an online survey where they were asked to
name technology providers that deliver the most value in various VIP
categories. More information about the 2014 VIP Awards can be found here.
Guidewire also received second place recognition in the Back Office
Solutions and Customer Experience Solutions categories. In
addition, Guidewire PartnerConnect Alliance member EY (Ernst & Young
LLP) and Affiliate member Cognizant won the two Strategic Partner
VIP Awards. Guidewire customers Citizens Property Insurance received a
first place INN VIP Technology Best Practices Award, and CAA Insurance
Company (CAA) was recognized with an honorable mention VIP Best
Practices Award. CAA was also acknowledged for its excellence in
analytics.
"Insurers are facing greater expectations from consumers and agents. The
winners of the VIP Awards are the vendors insurance executives say they
can count on to help them respond to these increased business demands,”
said Holli Gronset, publisher, INN.
“Insurers value honesty, expertise and customer service from their
technology providers and system integrators,” said Mike Fitzgerald,
senior analyst, Celent . “The VIP Award winners are recognized for their
effectiveness in providing real, measurable value to their technology
partners and insurance customers.”
“Guidewire is honored to be recognized for this award, which is based
solely on feedback from P/C insurance professionals,” said Brian
Desmond, senior vice president, Marketing, Guidewire. “We congratulate
our customers and partners who were also recognized for their
outstanding efforts during the past year. We thank Celent and Insurance
Networking News for sponsoring the VIP awards program, and everyone
who participated in the survey.”
This year is the eighth annual VIP ranking of technology solution
providers to the insurance industry.
About Insurance Networking News
Insurance
Networking News is a trusted source for information on how
technology is being implemented to support insurers' strategic business
objectives, providing insightful analysis of the technology innovations
utilized to automate critical processes. Insurance Networking News is
written to help senior insurance executives obtain mission-critical
information on resolving industry challenges.
About Celent
Celent
is a research and advisory firm dedicated to helping financial
institutions formulate comprehensive business and technology strategies.
Celent publishes reports identifying trends and best practices in
financial services technology and conducts consulting engagements for
financial institutions looking to use technology to enhance existing
business processes or launch new business strategies. With a team of
internationally experienced analysts, Celent is uniquely positioned to
offer strategic advice and market insights on a global basis.
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 180 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.
Copyright Business Wire 2014