In 2023, the Property and Casualty (P&C) insurance industry progressed in digital transformation, prioritizing platform modernization to meet evolving business and customer demands. In this landscape, Guidewire was pivotal for insurers seeking to update their core systems. Thus, enterprises are optimizing operational efficiency, scalability, and customer engagement through flexible and interconnected system architectures.

In response, providers are improving their Guidewire expertise to align their services with modern P&C insurance requirements. The emphasis is on developing proficient talent pools, enhancing cloud integration strategies, and reinforcing data analytics capabilities to support complex migration and implementation processes. Additionally, they are expanding across growth markets, building local capabilities, adopting geo-specific strategies, and improving offshore capabilities for cost-effectiveness.

In this report, we analyze 28 Guidewire service providers featured on the Guidewire Services PEAK Matrix^® Assessment 2024.

Scope

• Industry: insurance, financial services
• Geography: global

Contents

In this report, we share:

• An assessment of 28 leading Guidewire service providers on Everest Group’s Services PEAK Matrix^® evaluation framework
• Characteristics of Leaders, Major Contenders, and Aspirants in the Guidewire services market
• Detailed profiles of the providers, along with their key strengths and limitations

Membership(s)

Insurance Information Technology

Sourcing and Vendor Management