Property and Casualty (P&C) insurers are increasingly looking to adopt third-party core platforms to address the limitations of legacy core systems and drive front-to-back-office transformation to future-proof their IT estates. Guidewire has emerged as a preferred core platform for P&C insurers looking for a modern core to power superior front-office experiences. Additionally, Guidewire’s push toward Guidewire cloud, coupled with its continued investments to build supporting data and digital capabilities, is pushing P&C insurers to leverage the broader offerings portfolio and maximize value from existing investments in the core.

IT service providers are responding by aligning their investments with Guidewire’s vision and gaining partner-recognized specializations across products and demand geographies. They are making significant investments to expand their Guidewire-certified talent pools, build accelerators/frameworks to address key concerns around on-budget and on-time implementations, and help insurers craft a cloud strategy built around Guidewire.

This compendium provides detailed profiles of 24 Guidewire service providers and positions them on Everest Group’s Guidewire Services PEAK Matrix®; Assessment 2023. Each profile provides a comprehensive picture of the provider’s service focus, scale of operations, business performance, recent case studies, key Intellectual Property (IP) / solutions, partnerships, and domain investments. The compendium will enable providers to benchmark their capabilities against their peers, while buyers will be able to assess the providers based on their sourcing needs.

Scope

• Industry: insurance
• Geography: global
• The assessment is based on Everest Group’s annual RFI process for the calendar year 2021-22, interactions with leading Guidewire service providers, client reference checks, and an ongoing analysis of the Guidewire services market

Contents

In this report, we feature 24 Guidewire service provider profiles and include:

• The Guidewire Services PEAK Matrix® Assessment 2023
• Characteristics of Leaders, Major Contenders, and Aspirants
• Distinguishing features of Star Performers
• Providers’ Guidewire services business and offerings – vision, business performance update, and extent of adoption of services across geographies
• Client success stories with respect to delivering Guidewire services, along with business challenges faced, solutions delivered, and impact generated
• Providers’ key Guidewire-specific investments and Intellectual Property (IP) / solutions

Membership(s)

Insurance Information Technology

Sourcing and Vendor Management