Guidewire Software is a leading technology company that provides software solutions for property and casualty insurance companies
Their platform offers a suite of applications designed to help insurers manage their core operations, including underwriting, policy administration, claims management, and billing. By enabling insurers to streamline processes and enhance customer engagement, Guidewire empowers these organizations to adapt to evolving market demands and improve overall efficiency. With a focus on innovation, the company also supports its clients with cloud-based services and data analytics, facilitating better decision-making and risk management in an increasingly competitive landscape.
Guidewire (NYSEGWRE) announced that it will release its financial results for the fiscal quarter ended January 31, 2025 after market close on Thursday, March 6, 2025. On that day, management will host an audio webcast at 2:00 p.m. PT (5:00 p.m. ET) to review and discuss the Company’s results for the second quarter fiscal year 2025. The live audio webcast will be accessible to the public through the Investor Relations website at https://ir.guidewire.com/. A replay of the event will be available two hours after the conclusion of the live event and archived for a period of three months.
Amerisure Insurance (Amerisure), a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses, and Guidewire (NYSEGWRE) announced that Amerisure successfully deployed Guidewire PolicyCenter and Guidewire BillingCenter as its new systems for policy administration, underwriting, and billing management. The company implemented the products on Guidewire Cloud simultaneously beginning with its Workers’ Compensation line of business in all of the regions where it operates. Amerisure is currently implementing other lines of business such as commercial auto and loss sensitive (special risk). Guidewire PartnerConnect Consulting Global Premier member PwC was the lead partner on the implementation project.
Shares of insurance industry-focused software maker Guidewire (NYSEGWRE) jumped 9.7% in the afternoon session after Goldman Sachs analyst Adam Hotchkiss initiated coverage of the stock with a Buy rating and a $210 price target. Hotchkiss thinks Guidewire's leadership in the key end markets and the momentum from customers migrating to the cloud should continue to support growth.
Guidewire HazardHub has released winter weather risk data to help insurers and property owners across the United States better understand and prepare for cold-weather threats. Last year, winter storms in the United States resulted in approximately $3.4 billion in insured losses. The year prior, in 2022, nearly $6 billion in losses were recorded from winter storms, which was the second-highest recorded losses in the past decade.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how vertical software stocks fared in Q3, starting with Manhattan Associates (NASDAQMANH).
CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- EcoClaim, a software and training solution that helps insurance companies turn claims into climate action, announced that the company has joined Guidewire’s Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider, Guidewire (NYSEGWRE), to help insurers learn about the newest Insurtech’s and how to best leverage them.
Guidewire (NYSEGWRE) has achieved a significant milestone in the race to meet the rapidly evolving needs of P&C insurers worldwide, now hosting more than 110 cloud-based integrations in the Guidewire Marketplace.
Guidewire’s 26.4% return over the past six months has outpaced the S&P 500 by 20.2%, and its stock price has climbed to $171.36 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Guidewire (NYSEGWRE) and Arbitration Forums, Inc. (AF) announced that AF’s new Ready for Guidewire validated integration is now available in the Guidewire Marketplace to ClaimCenter users on Guidewire Cloud.
