Guidewire Sees Increased Adoption of Guidewire InsurancePlatform by Latin American Insurers
September 19 2018 - 8:55AM
Business Wire
Company grows team in region and extends
alliance relationships to help better serve insurers
Guidewire Software, Inc. (NYSE: GWRE), provider of the industry
platform Property and Casualty (P&C) insurers rely upon, today
announced that its customer base across Latin America, including
the Caribbean, has increased over 133% over the past three
years.*
Over the course of the last three years, Guidewire has added
eight new customers (representing 29 product selections) in Latin
America and now has 14 customers in nine countries across the
region. Ten of these insurers are in production with at least one
or more Guidewire InsurancePlatform™ products, and some of these
customers include: Pacifico Seguros, San Cristobal Seguros
Generales, Sancor Seguros, SulAmérica Seguros, Sura Colombia,
Universal Group Inc., and Zurich Mexico.
Juan Mazzini, Senior Analyst, Celent said, “Guidewire has
demonstrated strong adoption of its products and has achieved an
admirable series of implementation successes across Latin America.
They are definitely a company to watch in the region.”
“We have a very strong complement of alliance partners, some in
specific countries and others spanning the region, who work with us
in helping serve insurers embarking on transformation journeys,”
said Lisa Walsh, Vice President of Consulting Partner Alliances,
Guidewire.
Other Latin American-related highlights include:
- Signed first customers in Colombia and
Curaçao. Seven of the eight new customers signed, purchased more
than one Guidewire product.
- Also signed first Guidewire Predictive
Analytics customer, Ennia.
- Increased focus on the region resulted
in the addition of new PartnerConnect Consulting alliance partners,
expanding the options available to insurers as they implement their
InsurancePlatform projects. A sampling of regional consulting
alliance members includes:
- Accenture
- Capgemini
- Deloitte
- EY
- GFT Technologies SE
- PwC
- SBI Technology
- Local resource investment to better
serve customers and meet increased demand.
- Guidewire nearly tripled the number of
employees and doubled its salesforce, most recently adding a sales
executive for Brazil.
- Added a country specific accelerator,
the Argentina Tax (ARTax) Accelerator, to the Guidewire Marketplace
and is working on others to help insurers comply with local
requirements. For insurers quoting a policy in Guidewire
PolicyCenter™, the ARTax Accelerator provides classes, methods, and
rating tools to easily implement the inclusion and calculation of
various taxes that policies issued in Argentina are subjected
to.
“We have seen an increased level of activity from Latin American
insurers looking to modernize their systems to better serve their
customers in a digital, data-driven world,” said Larry Chlebeck,
Group Vice President - Latin America, Guidewire. “We thank our
customers for entrusting Guidewire with their strategic imperatives
and are honored to help them meet their business needs in this time
of accelerating industry change. Guidewire looks forward to
exciting years ahead in the region.”
About Guidewire Software
Guidewire delivers the industry platform that Property and
Casualty (P&C) insurers rely upon to adapt and succeed in a
time of accelerating change. We provide the software, services, and
partner ecosystem to enable our customers to run, differentiate,
and grow their business. We are privileged to serve more than 350
companies in 32 countries. For more information, please visit
www.guidewire.com and follow us on twitter: @Guidewire_PandC.
*for the period January 1, 2015 – July 20, 2018
NOTE: For information about Guidewire’s trademarks, visit
https://www.guidewire.com/legal-notices.
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version on businesswire.com: https://www.businesswire.com/news/home/20180919005224/en/
Guidewire Software, Inc.Diana Stott, +1-650-356-4941Director,
Communicationsdstott@guidewire.com
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