Guidewire (NYSE: GWRE) announces Kufri release, its latest cloud
update, which extends Guidewire HazardHub to 19 additional
countries, enhances underwriting and billing processes, facilitates
cloud migrations, and streamlines developer experiences.
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the full release here:
https://www.businesswire.com/news/home/20240801815356/en/
HazardHub is the most comprehensive set of property risk data
and peril risk scoring in the P&C insurance industry. Insurers
use HazardHub data to underwrite quickly and more accurately, as
well as to improve pricing.
“This is a challenging time for property insurers around the
world. With increasing natural disasters, evolving regulatory
requirements, and the growing complexity of risk management,
insurers need robust tools to quickly make informed decisions,”
said Leo Tenenblat, Senior Vice President and General Manager,
Guidewire. “We are pleased to expand HazardHub to insurers in
Europe, Australia, New Zealand, and South Africa, providing them
four risk peril scores (flood, wildfire, wind, and hail) and 65 new
data elements for more granular property risk assessments.”
“HazardHub helps Atrium assess and manage risks associated with
homeowners and commercial properties in the United States,” said
Simon Lewis, Head of Digital Underwriting and ARMS President,
Atrium Underwriters Ltd. “We look forward to seeing the expansion
of HazardHub's risk data and peril scores because we trust the data
and know it will help Atrium to make even more insightful
underwriting decisions across the globe.”
Kufri includes several additional capabilities, providing
benefits for:
- Commercial lines underwriters - More agile submission
intake and pricing processes, including the ability to easily
adjust premiums for complex commercial lines.
- London Market insurers - BillingCenter now offers a
streamlined solution for managing non-bureau business billing and
accounting more efficiently.
- Policyholders - New Jutro templates accelerate delivery
of engaging policyholder and agent digital experiences.
- Cyber risk insurers - Cyence Model 7 provides even more
comprehensive views of trends and losses, including details on the
latest threats, incidents, and claims data. Model 7 also classifies
nation-state cyber attacks and system failure events.
- IT teams - A new billing migration tool ensures the
smooth transition of on-premises billing data to Guidewire
Cloud.
- Data architects - Guidewire Data Platform optimizes core
data access, enabling business-driven data curation to drive faster
insights and unlock innovation potential. Data management teams can
also share data via integrations with other platforms.
- Insurers and policyholders - New data collection fields
in Guidewire BillingCenter, ClaimCenter, and PolicyCenter support
gender inclusivity.
- Developers - The new Guidewire Home interface provides a
unified, personalized launch and navigation experience to
streamline DevOps activities across the entire Guidewire Cloud
portfolio.
“Kufri is another important milestone in delivering on our
promise to help our customers engage, innovate, and grow
efficiently,” said Michael Howe, Chief Product Officer, Guidewire.
“By providing advanced analytics tools and expanded platform
capabilities, we enable smart decision-making, improve operational
efficiency, and deliver the agility insurers need to respond
swiftly to market changes.”
For more detailed information, please visit
www.guidewire.com/Kufri and read the Kufri overview blog.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage,
innovate, and grow efficiently. We combine digital, core,
analytics, and machine learning to deliver our platform as a cloud
service. More than 540 insurers in 40 countries, from new ventures
to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable
their success. We are proud of our unparalleled implementation
track record, with 1,600+ successful projects, supported by the
largest R&D team and partner ecosystem in the industry. Our
marketplace provides hundreds of applications that accelerate
integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow
us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire’s
trademarks, visit https://www.guidewire.com/legal-notices.
Cautionary Language Concerning Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to, statements regarding the general availability of features,
programs, services, and tools related to Kufri mentioned in this
press release (including, without limitation, HazardHub, Cyence
Model 7, and Data Platform). These forward-looking statements are
made as of the date they were first issued and were based on
current expectations, estimates, forecasts and projections as well
as the beliefs and assumptions of management. Words such as
“expect,” “anticipate,” “should,” “believe,” “hope,” “target,”
“project,” “goals,” “estimate,” “potential,” “predict,” “may,”
“will,” “might,” “could,” “intend,” variations of these terms or
the negative of these terms and similar expressions are intended to
identify these forward-looking statements. Forward-looking
statements are subject to a number of risks and uncertainties, many
of which involve factors or circumstances that are beyond
Guidewire’s control. Guidewire’s actual results could differ
materially from those stated or implied in forward-looking
statements due to a number of factors, including but not limited
to, risks detailed in Guidewire’s most recent Forms 10-K and 10-Q
filed with the Securities and Exchange Commission as well as other
documents that may be filed by Guidewire from time to time with the
Securities and Exchange Commission. In particular, the following
factors, among others, could cause results to differ materially
from those expressed or implied by such forward-looking statements:
quarterly and annual operating results may fluctuate more than
expected; seasonal and other variations related to our customer
agreements and related revenue recognition may cause significant
fluctuations in our results of operations, ARR, and cash flows; our
reliance on sales to and renewals from a relatively small number of
large customers for a substantial portion of our revenue and ARR;
our ability to successfully manage any changes to our business
model, including the transition of our products to cloud offerings
and the costs related to cloud operations, cybersecurity, product
development, and services; the timing, success, and number of
professional services engagements and the billing rates and
utilization of our professional services employees and contractors;
recent global events (including, without limitation, ongoing
conflicts such as the wars between Israel and Hamas and between
Russia and Ukraine, escalating tensions in the South China Sea,
high inflation, economic volatility, bank failures and associated
financial instability and crises, and supply chain issues) and
their impact on our employees and our business and the businesses
of our customers, system integrator (“SI”) partners, and vendors; data security breaches
of our cloud-based services or products or unauthorized access to
our employees’ or our customers’ data; our competitive environment
and changes thereto; issues in the development and use of
artificial intelligence and machine learning combined with an
uncertain regulatory environment; our services revenue produces
lower gross margins than our license, subscription and support
revenue; our product development and sales cycles are lengthy and
may be affected by factors outside of our control; the impact of
new regulations and laws (including, without limitation, security,
privacy, artificial intelligence and machine learning, tax
regulations and laws, and accounting standards); assertions by
third parties that we violate their intellectual property rights;
weakened global economic conditions may adversely affect the
P&C insurance industry, including the rate of information
technology spending; general political or destabilizing events,
including war, conflict or acts of terrorism; our ability to sell
our products is highly dependent on the quality of our professional
services and SI partners; the risk of losing key employees; the
challenges of international operations, including changes in
foreign exchange rates in countries such as Argentina; and other
risks and uncertainties. Past performance is not indicative of
future results. The forward-looking statements included in this
press release represent Guidewire’s views as of the date of this
press release. Guidewire anticipates that subsequent events and
developments will cause its views to change. Guidewire undertakes
no intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. These forward-looking statements should not be relied
upon as representing Guidewire’s views as of any date subsequent to
the date of this press release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240801815356/en/
Melissa Cobb Senior Public Relations Manager Guidewire Software,
Inc. +1.650.464.1177 mcobb@guidewire.com
GuideWire Software (NYSE:GWRE)
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GuideWire Software (NYSE:GWRE)
過去 株価チャート
から 10 2023 まで 10 2024