Guidewire SoftwareÂ®, a leading provider of solutions to property and casualty and workersâ compensation insurers, today announced that Guidewireâs ClaimCenter solution has been recognized as a leading core claim system by industry analyst firm, Celent. In the report, Celent profiled 16 core property/casualty claims systems with an established presence in the United States.
âClaimCenter is a leading core claim system based on the breadth of its functionality, its modern technology and impressive level of sales in its first few years of availability. Since the initial release of their ClaimCenter product in 2003, Guidewireâ¢ has achieved a remarkable record of growth and market acceptance,â said Donald Light, senior analyst in Celentâs insurance group and author of Celentâs Core Claims Systems Vendors 2006. âClaimCenterâs deployment by insurers of diverse sizes and lines of business is also noteworthy.â
Light also commented that references for ClaimCenter were very positive with insurers reporting good experience with a broad range of functionality. Guidewireâs offering also received high marks for breadth and ease of integration as well as for the total implementation experience.
Jeff Simpson, Guidewireâs chairman and chief executive officer added, âWe appreciate Celentâs recognition of Guidewire ClaimCenterÂ® as a leading claims system. The industryâs rapid adoption of our claims system is very gratifying and validates our belief that the industry is anxious to implement superior systems that leverage modern technologies and imbed industry best practices. This report certainly underscores some of the key reasons for our 100 percent customer referencability.â
Additional reported ClaimCenter highlights include:
o ClaimCenter is a complete comprehensive claims solution, offering the full array of adjuster and claims management features and functionality;
o References for ClaimCenter are very positive;
o Insurers report good experiences with a broad range of functionality, including FNOL, assignment, workflow, and rules; and
o Integration and total implementation experiences also received good marks.