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Last $52.56 USD
Change Today +1.36 / 2.66%
Volume 316.0K
GWRE On Other Exchanges
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

guidewire software inc (GWRE) Key Developments

La Capitale Selects Guidewire Software, Inc. for Billing Management

La Capitale General Insurance and Guidewire Software, Inc. announced that La Capitale has selected Guidewire BillingCenter® to manage billing operations for La Capitale and its subsidiaries. La Capitale selected BillingCenter to update and consolidate the technology platform supporting its billing operations to become more responsive to its customers and distribution partners. BillingCenter will provide La Capitale with a more intuitive and configurable platform, enabling them to further complement their customer and distribution service and provide a new offering over the web. The company will be deploying BillingCenter for the P/C sector, with La Capitale General Insurance the first to be implemented. BillingCenter will enable La Capitale to: Provide even faster response times and more flexibility to customers and distribution partners; Tailor payment practices and methods to customer preferences; Provide a better customer service plus a new offering over the web; and Provide a more seamless billing process integrated with internal and third party systems.

Hastings Direct Chooses Guidewire Software, Inc. to Support Personal Lines Operation

Guidewire Software, Inc. announced that Hastings Direct selected Guidewire InsuranceSuite as its new platform for the management of underwriting, policy administration, claims, billing, rating and client data. Guidewire InsuranceSuite powers the mission-critical operations of general (Property/Casualty) insurers competing in today’s market. The suite was designed using a modular approach, enabling insurers to select individual applications - Guidewire PolicyCenter®, Guidewire BillingCenter®, and Guidewire ClaimCenter® - or a pre-integrated set, driven by their requirements and priorities. InsuranceSuite provides the flexibility insurers need to deliver insurance the way they want to, by rapidly delivering better products and service to their policyholders and agents, while improving underwriting discipline and lowering operational costs.

Citizens Property Insurance Deploys Guidewire Software, Inc.'s Products to Help Transform its Business

Citizens Property Insurance and Guidewire Software, Inc. announced that Citizens has successfully deployed Guidewire InsuranceSuite as its underwriting, policy administration, billing, and claims management platform. Citizens selected and deployed InsuranceSuite as part of an organization-wide transformation initiative to support the company's vision. Citizens wanted to modernize its infrastructure, better manage its business data, and consolidate multiple claims and policy administration systems onto a single platform. Citizens is currently using InsuranceSuite for its personal and commercial lines of business. The implementation project involved a total of 70 integration points and was deployed in four phases: claims and policy/billing for commercial lines, followed by claims and policy/billing for its Personal lines of business.

CSAA Insurance Group Deploys Guidewire Software, Inc.’s ClaimCenter to Manage its Claims Operations for All Lines of Business

Guidewire Software, Inc. announced that CSAA Insurance Group, broadly deployed Guidewire’s ClaimCenter to manage its claims operations for all lines of business. CSAA Insurance Group broadly deployed ClaimCenter to help it consolidate multiple systems (attained through acquisition) and to help enable the delivery of a simple, personal and proactive, customer-centric claims experience to its customers. The company also sought to enhance its operational efficiencies and product growth, support business processes in a cost effective manner, and establish a foundation that can be leveraged for quick product changes. Commencing in October 2012, with an initial pilot deployment for glass claim handling, the design, development, and implementation program included several internal and external integrations. The pilot and subsequent implementations also included the conversion of both open and closed claims to enable the business to work solely on ClaimCenter. This allows for decommissioning of multiple legacy platforms. CSAA Insurance Group is now in production with ClaimCenter for all of its lines of business. 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 Guidewire InsuranceSuite™, and can be integrated to an insurer’s legacy systems or third party applications.

Frankenmuth Insurance Selects Guidewire Software, Inc. Products for Underwriting, Rating, Policy Administration, Claims Management, and Billing

Frankenmuth Insurance and Guidewire Software, Inc. announced that Frankenmuth has selected Guidewire InsuranceSuite as its new platform for underwriting, rating, policy administration, claims management, billing, client data management and reinsurance. Frankenmuth will also leverage Guidewire DataHub to support its enterprise-wide data management needs. Guidewire PartnerConnect Consulting member, PwC US, is leading the implementation project, with Guidewire working in close collaboration. Frankenmuth selected InsuranceSuite as part of an organization-wide transformation initiative. By updating its existing systems, Frankenmuth Insurance will simplify its infrastructure to reduce system maintenance costs, streamline business processes, and gain the flexibility needed to remain competitive in an evolving market. The company will be deploying InsuranceSuite to its commercial lines business, and will then shift to its personal lines operations.


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Price/Sales 9.9x
Price/Book 5.6x
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