Business Wire

Guidewire Reaches Milestone Growth in EMEA with 75 Customers

Jaa

Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform general insurers rely upon, today announced it has reached a significant growth milestone with 75 customers across Europe and South Africa, and staff counts exceeding the 630 mark.

Keith Stonell, managing director EMEA, Guidewire, considers the pace of development in the general insurance industry and how Guidewire is responding. “There has been more change in general insurance technology over the last couple of years than in the previous ten, or even twenty years. In Europe, and beyond, insurance user expectation has changed, influenced by technological advances in people’s daily lives. This is driving the push for innovation and digital transformation in the industry.”

"Across Europe new insurance relevant data streams and digitally native business models are emerging, sometimes from new entrants and non-insurance players, as well as new types of risk such as cyber terrorism," continued Stonell. "How should insurers respond? They need to be able to quickly and accurately bring new products to market to capitalize on new opportunities. To that end, they should consider employing a platform that brings together software, services, and an ecosystem of partners with complementary applications to power their organisation. We see it as our role to provide such an industry platform, Guidewire InsurancePlatform™, and to provide the optimal way to experience it with Guidewire Cloud™ so that our customers can rely upon us to run, grow, and differentiate their business."

"In EMEA, we continue to see impressive growth in our customer community, and we strive to meet the ambitions of this diverse insurance market, especially at this time of constant technological change," commented Will McAllister, vice president, EMEA Operations, Guidewire. "Our Regional Development Centres in Dublin, Kraków, and Madrid have expanded apace, and provide significant product development resources and professional services consultancy for customers in Europe and internationally. Both are vital to our sustained success as a company. Serving our customers across EMEA also means ongoing recruitment in our nine local offices across the region."

EMEA highlights:

  • Customer numbers in EMEA have grown to 75 insurers, across fourteen countries, and include: ADAC, Admiral Group plc, Allianz, Arch Insurance, Aspen Insurance, Aviva, Basler, Beazley Group plc, BPCE, ConTe.it, Direct Line Group, Ethias, FRIDAY, Hastings Direct, Hiscox, L’Olivier - assurance auto, LähiTapiola, LV=, NFU Mutual, OP, P&V Group, PZU, QBE European Operations, Rossgosstrakh, Saga Services, Saint Christophe Assurances, Santam, Sompo International, Tinkoff, Touring Assurances, TUiR Warta, UnipolSai Assicurazioni S.p.A., and Zurich.
  • Growing customer numbers and product demand have meant increasing staff numbers, now exceeding 630, in Dublin, Kraków, London, Madrid, Milan, Moscow, Munich, Paris, and most recently Copenhagen;
  • Product development teams continue to produce market-specific services and solutions across EMEA that enable insurers to deploy Guidewire products more quickly to meet their regional needs;
  • Customers have established user groups across EMEA countries, including Belgium, DACH, France, Italy, and the UK, to discuss insurance technology trends, Guidewire product experiences, and to share insights with their peers;
  • Along with strong global partnerships, local partner relationships have continued to develop (offering specific market expertise) as part of Guidewire’s global PartnerConnect™ programme, including most recently announced relationships with FRISS, IKOR, Octo Telematics, and Validus;
  • Named one of the best places to work in Great Place to Work Awards, Ireland, in 2016, 2017, 2018, and 2019; and
  • Industry analysts have recognised Guidewire’s position in EMEA as an insurance technology leader:
    • A Leader in the 2018 Inaugural Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe¹ read a complimentary copy of the report;
    • Winner of two XCelent Awards in Celent’s Europe, Middle East, and Africa Policy Administration Systems 2018 Personal, Commercial, and Specialty ABCD Vendor View² read report.

"Guidewire’s focused approach to market entry in new regions and countries has enabled it to secure the highest number of new deals in Europe. Guidewire accounted for one-fifth of all new deals from 2016 to 31 March 2018 across the vendors profiled in this report, demonstrating its ability to successfully enter new geographies," wrote Sham Gill, senior director, analyst, Gartner, and author of the 2018 Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe report.

"Guidewire is a long-time participant in the EMEA reports, but here we see more live clients and a demonstration of Guidewire’s momentum with PolicyCenter in EMEA. Guidewire continues to invest significant sums of money in their products, and PolicyCenter is no exception," said Craig Beattie, senior analyst, Celent, and author of EMEA Policy Administration Systems 2018 Personal, Commercial, and Specialty ABCD Vendor View report. "In this report PolicyCenter is installed at more clients and in more countries in EMEA than in prior years and shows more deals in the territory too. Overall, Celent views PolicyCenter as a leading policy administration solution with a well-designed UI, broad functionality, and a substantial and growing EMEA and global customer base."

1 Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe, Sham Gill, November 26, 2018

2 Europe, Middle East, and Africa Policy Administration Systems 2018 Personal, Commercial, and Specialty ABCD Vendor View, Craig Beattie, May 2018

Gartner disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Guidewire Software

Guidewire delivers the industry platform that general 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.

Contact information

Daniel Couzens
onechocolate Communications
+44 (0)20 7437 0227
guidewire@onechocolatecomms.co.uk

Louise Bradley
PR & Communications – EMEA
Guidewire Software (UK) Ltd
+44 (0)7474 837 860
lbradley@guidewire.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

PIVOT Fintech Gets Capital Markets Services License From The Monetary Authority Of Singapore25.3.2019 00:30:00 EETTiedote

PIVOT Fintech Pte. Ltd. (“PIVOT”), the digital wealth management technology services venture backed by Pintec Technology Holdings Ltd. (“PINTEC”; NASDAQ: PT) and FWD Group announced today that it has been granted a Capital Markets Services (“CMS”) license by the Monetary Authority of Singapore (MAS). PIVOT’s CMS license, which comes after the recently published MAS Guidelines on the Provision of Digital Advisory Services on 8 October 2018, allows the company to offer AI-driven investment services directly to retail clients. “This significant Singapore milestone marks the start of PIVOT’s ambition to deliver innovative wealth management solutions in Southeast Asia,” said PIVOT CEO Victor Lye, who created PIVOT’s proprietary gamified risk profiling analytics to drive financial inclusiveness. PIVOT’s core shareholder, PINTEC, has proven technology and expertise in delivering AI-driven global asset allocation and money management services to financial institutions in the highly competitive

1.1 Million People Benefit from the UAE-based Big Heart Foundation’s Humanitarian Efforts in 201824.3.2019 22:21:00 EETTiedote

Humanitarian aid worth US$ 15.8 million (AED 58 million) to 1,091,000 million refugees, internally displaced and acutely disadvantaged people in 12 conflict-laden nations worldwide has been offered by The Big Heart Foundation (TBHF), a leading international humanitarian organisation based in Sharjah, UAE. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190324005019/en/ (TBHF Graphic) Operating under the leadership of Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, UNHCR Eminent Advocate and TBHF Chairperson, the humanitarian non-profit operating out of Sharjah – the third largest emirate in United Arab Emirates (UAE) – has mobilised the funds to support and initiate 20 projects in collaboration with UNHCR, Doctors without Borders (Médecins Sans Frontières) in vital sectors of food security, healthcare and education. Their 2018 efforts spanned 12 countries, namely, Bangladesh, Egypt, Iraq, Jordan, Malaysia, Pakistan, Pal

SCG Chemicals Company chooses gPROMS modelling for digital design and operations22.3.2019 18:55:00 EETTiedote

Process Systems Enterprise (PSE), the Advanced Process Modelling company, today announced that it has signed a long-term agreement with SCG, one of the largest integrated petrochemical companies in South East Asia, to standardise on PSE’s gPROMS® modelling technology for digital design and operations. SCG applies advanced process models within digital design initiatives to explore the process decision space rapidly and effectively, in order to reduce uncertainty and make better, faster and safer design and operating decisions. This help them to accelerate innovation and optimise the design and operation of their process plants. Dr Suracha Udomsak, SCG’s Emerging Business Director and R&D Director, says, “at SCG Chemicals, advanced process modelling (APM) is a key element in our Digital Manufacturing platform. APM accelerates innovation by making the development workflow ‘faster, cheaper & safer’, which are key considerations for us. It is a core technology building block that enables u

Logicor Announces Results for Year Ended 31 December 201822.3.2019 17:29:00 EETTiedote

Logicor announces strong financial performance for the year ended 31 December Net Operating Income (NOI): €639 million, which represents year on year growth of 2.5%, reflecting our strategic focus on increasing occupancy and capturing market rental growth. Over 60% of NOI is generated in the key markets of the UK (26%), Northern Europe1 (21%) and France (15%). Gross Asset Value: €12.5 billion, a 3.3% increase in valuation, which reflects the strong performance of our portfolio, in particular in Northern Europe. EPRA Occupancy: 94.4%, with physical occupancy up 70 bps over the year, underpinned by strong growth in each of our three largest regions of the UK (+120 bps), Northern Europe (+110 bps) and France (+220 bps). LTV: 51%, down from 52% at year end 2017 following increases in property values. At year end, our debt to EBITDA ratio was 11.3x. Capital Structure In 2018 Logicor (rated BBB (Stable) by S&P) established a Euro Medium Term Note (‘EMTN’) programme and raised €1.8 billion of

Delticom AG/Mytyres.co.uk: Buying Great Value Tyres Online Doesn’t Mean Missing out on Professional Fitting22.3.2019 17:15:00 EETTiedote

Spring is just around the corner, and it’s time for drivers to start thinking about changing to summer tyres. However, a tyre check may show that your current summer tyres are getting old, worn out, or have visible damage, such as cracks or bumps. If this is the case, then it's time for a new set of tyres. The legal minimum tread depth is 1.6 mm, however experts recommend significantly more – summer tyres should be replaced even if the tread depth is 3 mm. Regardless of mileage, you should change your tyres at least every eight to ten years. This is because the rubber starts to harden, the tyres lose grip on the road, and driving performance is affected. Of course, a set of four new tyres is a significant investment – authorised workshops can often charge between 250 and 350 pounds. If you want to save money, consider the alternatives: the result is an increasing number of customers turning to online shops such as Mytyres.co.uk to buy new tyres. The market share of tyres sold online ha

Trueman Man Clinic Achieves 10000 Surgery Milestone with Its SWITCH Operation22.3.2019 16:00:00 EETTiedote

Trueman Man Clinic Network announced that the 10,000th surgery utilizing its SWITCH Premature Ejaculation Surgery (Nerve Conservation), has been successfully completed. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190322005013/en/ Trueman Man Clinic Network has been successfully completed the 10,000th surgery utilizing its SWITCH Premature Ejaculation Surgery (Nerve Conservation). The SWITCH Premature Ejaculation Surgery (SWITCH operation) developed in 2010 by Dr. Yang, the chief director of the Trueman Man Clinic Network, can reduce the side effects of penile neurectomy and maintain the stable reduction of the glans sensation. The Trueman Man Clinic Network is the leading hospitals for male enhancement surgeries in Korea consists of 11 clinics, with 16 doctors working. As of 2019, more than 43,000 man clinic surgeries have been performed. (Photo: Business Wire) The Trueman Man Clinic Network is the leading hospitals for m

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme