Guidewire InsuranceNow™, a cloud-based, all-in-one solution provides
insurers the freedom to focus on innovation and respond rapidly to
market demands, even with limited IT support
FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 16, 2017--
Guidewire Software, Inc. (NYSE:GWRE), a provider of software to the
Property & Casualty (P&C) insurance industry, today announced it has
completed the acquisition of ISCS. The company also announced the
immediate availability of Guidewire
InsuranceNow™, a cloud-based, all-in-one solution that supports the
P&C insurance lifecycle.
“Guidewire’s acquisition of ISCS enables it to add a proven option to
the market,” said Karen Furtado, partner, Strategy Meets Action. “It
also illustrates the growing importance of the cloud with respect to the
solutions that vendors are providing to the P&C market.”
“We are excited to broaden our platform with the addition of
InsuranceNow,” said Anthony Lye, chief cloud officer, Guidewire. “In
addition, the acquisition of ISCS offers us additional IP and experience
that will help us accelerate our delivery of new cloud-based products
As an all-in-one system, InsuranceNow includes key core functionality
for policy administration, billing, and claims management. It also
includes data and digital functionality, such as agent access and
consumer portals, document management, reinsurance, business
intelligence, and producer management, within a single system.
Key InsuranceNow attributes and benefits include:
Cloud-based delivery and ongoing operational support frees insurers to
focus on innovation and respond rapidly to market demands, even when
they have limited IT support;
Functionality that supports data and analytics and digital engagement
in addition to core operations, delivering an all-in-one integrated
solution and resulting in less complexity for insurers;
An integrated design and guided implementation approach for shorter
project timeframes and quicker upgrades; and
A common user interface and fewer login screens that simplify the
system login process, reduce training times, and improve collaboration
between agents, insurers, employees, and partners.
“InsuranceNow is ideally suited to insurers who want to better compete
with modern technology but lack the IT resources and model to get
there,” said Andy Scurto, former CEO and founder, ISCS and now head of
products for Guidewire InsuranceNow. “Its integrated design,
out-of-the-box functionality, and guided approach enable rapid
implementation and quick upgrades.”
About Guidewire Software
Guidewire delivers the software that Property & Casualty (P&C) insurers
need to adapt and succeed in a time of rapid industry change. We combine
three elements – core operations, data and analytics, and digital
engagement – into a platform that enhances insurers’ ability to engage
and empower their customers and employees. More than 260 P&C insurers
around the world have selected Guidewire. For more information, please
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170216006357/en/
Source: Guidewire Software, Inc.
Guidewire Software, Inc.
Diana Stott, +1 650-356-4941