Guidewire InsuranceNow Named a Challenger in Gartner’s Magic Quadrant for P&C Core Platforms, North
America, for Second Consecutive Year
Guidewire improved its position in both completeness of vision and ability to execute
GUIDEWIRE CONNECTIONS 2018-- Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and
Casualty (P&C) insurers rely upon, today announced that
Guidewire InsuranceNow™ has been positioned in the Challengers quadrant in Gartner, Inc.'s “Magic Quadrant for P&C Core
Platforms, North America1” for the second consecutive year. InsuranceNow is designed for U.S.
P&C insurers writing low complexity business, who may be constrained with limited IT resources and need a streamlined,
ready-to-go, cloud-based core solution that supports the P&C insurance lifecycle. The report can be viewed
here.
“Gartner continues to see strong adoption by buyers of cloud-based deployment models. Among the new customer wins for platform
solutions in 2016, 62% were for cloud-based deployments. This percentage grew in 2017 to 70%. Although the rate of adoption varies
by tier and is lower for Tier 1, across all tiers more than 50% of new wins were for cloud-based deployments,” wrote Jeff Haner, a
Gartner research director, and author of the report. “These percentages alone do not present a full picture, they are a clear
indicator of a dramatic shift in buyer preferences in this market in favor of cloud deployment over just the past two to three
years.”
“We believe that Gartner’s continued recognition of InsuranceNow as a Challenger in its Magic Quadrant for P&C Core
Platforms, North America, is confirmation of the increasing demand for cloud-based core solutions that streamline deployment
and maintenance. With its rapid implementations, cloud operations and assurance services, and regular upgrades, InsuranceNow
provides insurers the freedom to focus on innovation and service,” said Zachary Gustafson, Business Owner, InsuranceNow,
Guidewire.
The report evaluated 15 vendors in the P&C core platform market in North America that qualified for inclusion. Guidewire was
also recognized as a leader for
InsuranceSuite based on its ability to execute and completeness of vision.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology
users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the
opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties,
expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular
purpose.
1 Gartner Magic Quadrant for P&C Core Platforms, North America, Jeff Haner, October 9, 2018
About Guidewire Software
Guidewire delivers the industry platform that Property and Casualty (P&C) insurers rely upon to adapt and succeed in a time
of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and
grow their business. We are privileged to serve more than 350 companies in 32 countries. For more information, please visit
www.guidewire.com and follow us on twitter:
@Guidewire_PandC.
NOTE: For information about Guidewire’s trademarks, visit
https://www.guidewire.com/legal-notices.
Guidewire Software, Inc.
Diana Stott, +1 (650) 356 4941
Director, Communications
dstott@guidewire.com
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