Guidewire
Software® (NYSE:GWRE), a provider of software products to
Property/Casualty (P/C) insurers, today announced the availability of
new business intelligence functionality for P/C insurance executives.
The addition of executive dashboards to Guidewire InfoCenter™ brings
aggregated operational metrics to an insurance executive’s mobile device
or browser in the form of easy to digest information; delivering
high-level performance based content in a visual and actionable way.
Timely high-quality data is an absolute must for the modern insurance
company. For this reason, many insurers have implemented modern core
systems. Modern core systems generate higher quality data than their
legacy counterparts. But data generation is only half the problem.
Getting the right data into the hands of the right users at the right
time, to help guide their daily decisions, is a key requirement of
successful business transformation. Many insurers today still rely
heavily on static reports to provide them with needed business insight.
These reports are produced infrequently, are typically based on
after-the-fact data, and have a heavy dependency on IT for their
delivery. They also tend to include little if any data visualization
options, and often require manual manipulation or interpretation for
executive use; limiting their effective value.
“Guidewire InfoCenter brings the right core system data, which is
useful in the moment and optimized for specific decisions, to insurers
when and how they want it,” said Eugene Lee, vice president, Data and
Analytics, Guidewire Software. “We are particularly excited about the
new dashboards that equip executive decision-makers with a visual,
at-a-glance understanding of how their business is performing. The more
they can see, the better decisions they can make.”
About Guidewire DataHub and InfoCenter
Guidewire DataHub™ is an operational data store that unifies,
standardizes, and stores data from the typical patchwork of an insurer’s
systems as well as from external sources. This provides the single
source of truth to feed core systems, business intelligence solutions,
and downstream systems such as general ledger, regulatory, and tax
reporting. DataHub decouples data consumption from data production, thus
insulating downstream data consumers from changes in the behavior and
configuration of upstream data producers. With DataHub, insurers can
more easily retire legacy systems, ensure business continuity during
core system transformation, and add new applications in the future.
Guidewire InfoCenter™ is a business intelligence warehouse optimized for
the Property/Casualty industry to provide information in easy to use
formats for business intelligence, analysis, and enhanced decision
making. Pre-integration with Guidewire products significantly reduces
implementation time, risk and maintenance overhead, allowing customers
to focus on configuration for their unique needs. InfoCenter is
pre-integrated with IBM® Cognos® Business Intelligence and is compatible
with other industry-standard BI tools.
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, and Guidewire BillingCenter are registered trademarks of
Guidewire Software, Inc. in the United States and/or other countries.
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