Guidewire Recognized as European Market Leader in Ovum's P&C Insurance Policy Administration Platform Decision Matrix
Guidewire PolicyCenter achieves high ratings for core technology functionality, a strong partner network and new client growth
Ovum's report provides a detailed look at the competitive landscape for
P&C insurance policy administration platforms for use by insurers
operating in the European market. Vendors are assessed according to
their market reach and influence, as well as the functionality provided
by their platform's technology. According to Ovum, Guidewire meets the
criteria for "Market Leader" in the P&C market due to its strong partner
“Guidewire PolicyCenter has the most significant client base among the
larger tier-1 and tier-2 personal lines insurers and the highest growth
rate of all vendors considered,” said
“We are honored that Ovum has recognized Guidewire as a Market Leader in
Download an excerpt of the Ovum report, here.
About Guidewire PolicyCenter®
Guidewire PolicyCenter® is a flexible underwriting and policy administration system that enables property/casualty insurers to grow business profitably by improving efficiency, while responding with agility to market opportunities and enhancing relationships with agents and customers. Designed to support both commercial and personal 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 legacy systems or third party applications.
Jointly awarded IIAR Global Analyst of the Year 2012, Ovum provides
clients with independent and objective analysis that enables them to
make better business and technology decisions. Its research draws upon
over 400,000 interviews each year with business and technology, telecoms
and sourcing decision-makers, giving Ovum and its client’s unparalleled
insight, not only into business requirements but also the technology
that organizations must support. Ovum is an
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.
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941