Guidewire

What is Guidewire?

Guidewire is a software platform for property and casualty insurers that runs policy administration, claims and billing. Its core product is InsuranceSuite, delivered on Guidewire Cloud.

Key features of Guidewire

• PolicyCenter: policy administration.
• ClaimCenter: claims management.
• BillingCenter: billing.
• InsuranceSuite: brings the three together to cover the insurance lifecycle.
• Guidewire Cloud: the cloud platform the products run on.
• Marketplace: an extension catalog of partner apps.

How Guidewire works

Insurers adopt the core products and add extensions from the Marketplace. Guidewire's pages describe PolicyCenter working with billing and claims to keep data consistent. Some pages also list PricingCenter and UnderwritingCenter as parts of InsuranceSuite, and the Marketplace is described as offering more than 175 partner apps. The suite runs on Guidewire Cloud, so insurers consume it as a managed service rather than hosting it themselves.

Who uses Guidewire?

Guidewire serves P&C insurers worldwide. Its own pages give differing customer counts, so check the vendor for the current figure. The buyers are insurers that need one vendor for policy, claims and billing, from product configuration through to payment collection.

Guidewire pricing

Guidewire does not publish pricing; contracts are quoted by the vendor.

Guidewire integrations

Guidewire offers a Marketplace of partner apps and prebuilt connections, but the pages available name no specific integration list.

Guidewire alternatives

Duck Creek Technologies and Majesco are competing core insurance platforms. Insurity and EIS offer policy, claims and billing suites. Socotra is a cloud-native core platform with a developer focus. Guidewire is widely used by large P&C carriers.