|Guidewire Demonstrates SOC 1 and SOC 2 Type 2 Data Security Standards Compliance for Guidewire Cloud|
Independent audits demonstrate compliance and offer P&C insurers security for move to cloud
“Celent believes that the evaluation of insurance core systems and
solutions must go beyond features and functions. Other critical criteria
include strong controls for financial reporting, security, availability,
confidentiality, and privacy,” commented
“More and more insurers are moving to the cloud and entrusting the
security of their data to a cloud service provider,” said
“Completing these audits is a testament to the commitment Guidewire is
making to our comprehensive control framework and ensuring that our
customer’s data managed in Guidewire Cloud is secure,” said
* SOC 1 – Detailed report of controls placed into operation for services relevant to financial reporting. SOC 2 – Detailed report of controls placed into operation for services concerning security, availability, processing integrity, confidentiality, and/or privacy. Type 2 reports span a review period compared to Type 1 reports, which are point in time.
** Guidewire has completed AICPA
Additional Guidewire viewpoint on the data security topic can be accessed here.
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