Guidewire Software is a leading technology company that provides software solutions for property and casualty insurance companies. Their platform offers a suite of applications designed to help insurers manage their core operations, including underwriting, policy administration, claims management, and billing. By enabling insurers to streamline processes and enhance customer engagement, Guidewire empowers these organizations to adapt to evolving market demands and improve overall efficiency. With a focus on innovation, the company also supports its clients with cloud-based services and data analytics, facilitating better decision-making and risk management in an increasingly competitive landscape.
Guidewire (NYSE: GWRE) and Arbitration Forums, Inc. (AF) announced that AF’s new Ready for Guidewire validated integration is now available in the Guidewire Marketplace to ClaimCenter users on Guidewire Cloud.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how vertical software stocks fared in Q3, starting with Bentley (NASDAQ:BSY).
Guidewire Software had another solid quarter, including improved guidance, with analysts lifting their price targets and leading the market to new highs.
Shelter Insurance® (Shelter), a property and casualty (P&C) insurance company offering insurance sold by agents in 21 states, and Guidewire (NYSE: GWRE) announced that Shelter selected Guidewire InsuranceSuite to power the company’s core business, simplify its IT operations and help deliver additional value to agents, policyholders and employees. The selection and implementation of Guidewire is a key component of Shelter’s Monarch business transformation. The Monarch transformation will focus on improving and expanding Shelter’s capabilities to enable Shelter’s continued success in the market. Guidewire PartnerConnect Consulting Global Strategic member PwC has been selected to lead the implementation project.
Stocks are a mixed bag to end the week as investors unpack this morning's key employment data, which showed nonfarm payrolls of 227,000 beating expectations of 214,000.
Insurance industry-focused software maker Guidewire (NYSE:GWRE) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 26.8% year on year to $262.9 million. Guidance for next quarter’s revenue was optimistic at $285 million at the midpoint, 2% above analysts’ estimates. Its non-GAAP profit of $0.43 per share was 44.9% above analysts’ consensus estimates.
Insurance industry-focused software maker Guidewire (NYSE:GWRE) will be announcing earnings results tomorrow after market hours. Here’s what investors should know.
Guidewire (NYSE: GWRE) announced that it will release its financial results for the fiscal quarter ended October 31, 2024 after market close on Thursday, December 5, 2024. On that day, management will host an audio webcast at 2:00 p.m. PT (5:00 p.m. ET) to review and discuss the Company’s results for the first quarter fiscal year 2025. The live audio webcast will be accessible to the public through the Investor Relations website at https://ir.guidewire.com/. A replay of the event will be available two hours after the conclusion of the live event and archived for a period of three months.
CONNECTIONS CONFERENCE – Guidewire (NYSE: GWRE) revealed the recipients of its annual customer and partner awards, including the Partner Excellence Awards recognizing partners in the Guidewire PartnerConnect program. The awards also recognize Guidewire Insurtech Vanguard global pitch day winners*, the customer All-Star** Class of 2024, and Guidewire’s esteemed Innovation Awards***. The awards showcased the year's most innovative achievements celebrating Agility in Action, with more than 2,800 Guidewire customers and partners in attendance.
CONNECTIONS CONFERENCE – Guidewire (NYSE: GWRE) congratulates the winners of its 2024 Innovation Awards: Alberta Motor Association, Ascot Group, and Mountain West Farm Bureau and its subsidiary 360 Insurance Company. This year’s awards honor Guidewire customers that are adapting to an accelerating pace of industry change and evolving customer needs in innovative ways. Winners were announced during Connections, Guidewire’s annual customer conference.
CONNECTIONS CONFERENCE – Guidewire (NYSE: GWRE) will showcase its commitment to improving risk selection and pricing, indemnity management, and claims efficiency in property and casualty insurance at its annual customer conference, Connections. The event will unveil future underwriting and claims application capabilities enhanced by AI, introduce Claims Intel*, a Guidewire Industry Intel product, and announce Las Leñas, Guidewire’s latest release. Connections keynote sessions will be livestreamed and available on-demand. To view the livestream, visit the Connections website.
Guidewire (NYSE: GWRE) announced that it ranked number 24 out of 150 in the 2024 IDC FinTech Rankings by IDC Financial Insights. Guidewire is the only P&C insurance industry platform provider ranked in the top 25. This is its fourth consecutive appearance on the annual list.
Guidewire (NYSE: GWRE) announced Shift Technology as its strategic partner for insurance-based decisioning solutions. Shift’s products enable artificial intelligence (AI) powered fraud detection and investigation, underwriting risk detection, and subrogation detection. The expanded partnership will deliver a joint solution that will enable the rapid integration of Shift’s fraud detection technology with Guidewire’s solutions, improving efficiency and claims handler productivity.
The Workplace Safety and Insurance Board (WSIB), a leading workplace compensation board in Ontario, and Guidewire (NYSE: GWRE) announced that the WSIB successfully deployed Guidewire PolicyCenter and Guidewire BillingCenter on Guidewire Cloud to power and simplify the company’s underwriting, policy administration, billing management, and IT operations, adapt more quickly to changing market demands, and deliver more value to its policyholders. The agency migrated its existing on-premises PolicyCenter and BillingCenter installations onto Guidewire Cloud. Guidewire PartnerConnect Consulting Select member Wipro led the implementation project.
