Guidewire Software Wins Three Celent XCelent Awards

Guidewire Software®, a leading provider of flexible core systems to property/casualty insurers, today announced that it has been named the winner of three XCelent Awards in Celent’s new Claims System Vendors: North American P/C Insurance 2011 report which profiled 22 core claims solutions. 

Guidewire ClaimCenter earned XCelent Award honors for top performance, in the areas of:

• Advanced Technology   
• Breadth of Functionality  (shared Award)
• Customer Base  

Additionally, Guidewire ranked a close second in the fourth award category, Depth of Service. The XCelent Awards are based on Celent’s ABCD Vendor View, a framework used for evaluating solutions.  Vendor scores were determined through RFIs, customer reference surveys and interviews which provided quantitative as well as qualitative data.

“Guidewire made a strong showing in this year’s report,” said Donald Light, Senior Analyst in Celent’s insurance practice and author of the report. “Guidewire ClaimCenter has continued its pattern of strong growth and market acceptance in the U.S. and other geographies. Building on its modern platform and rich functionality, Guidewire has continued to make investments in usability, configurability, workflow, and performance oriented reports.”

Commenting on the top performer awards, Guidewire’s chief executive officer Marcus Ryu said, “We are very appreciative of the XCelent Awards recognition. We would like to thank our customers for their ongoing support and partnership in helping us continually enhance our products and services to offer even greater value.”

Download an excerpt of the report here.

Guidewire ClaimCenter® is a leading end-to-end claims management system, built from the ground up to meet the specific needs of today’s property/casualty insurers. ClaimCenter’s flexible business rules enable claims organizations to define, enforce, and continually refine their preferred claim handling practices in order to optimize and monitor their claim processes. ClaimCenter is in use by insurers of all sizes across all product lines to improve speed and accuracy, reduce loss adjustment expense, and enable proactive management of claims. ClaimCenter is available as a standalone system or as part of the Guidewire InsuranceSuite™, and can be integrated to an insurer’s existing systems and third party applications.