About Guidewire Software, Inc. Common Stock (GWRE)
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. Read More
Guidewire (NYSE: GWRE) today released its updated spring weather and climate risk assessments to help insurers and homeowners better understand property vulnerabilities to tornadoes, hail, lightning, and flooding.
Guidewire today announced a $60 million investment over the next five years to expand its operations in Japan and accelerate the delivery of capabilities tailored to the unique needs of Japanese insurers. This investment will enhance Guidewire's platform, empowering Japanese insurers to drive profitable growth, increase business and IT agility, ensure regulatory compliance, and support the growth of the company’s local team and ecosystem to meet rising demand for cloud-based core systems.
Guidewire (NYSE: GWRE) announced that its industry-leading PartnerConnect ecosystem partners have now earned more than 250 specializations, highlighting the extensive depth and breadth of experience among Guidewire Consulting partners. It also unveiled two new Digital specializations to ensure that partners are equipped with the unique technical know-how to address the evolving needs of its customers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the vertical software industry, including Alarm.com (NASDAQ:ALRM) and its peers.
Guidewire (NYSE: GWRE) announces Mammoth, its latest release, which empowers insurers to adapt to market changes and supports underwriting teams with enhanced offerings to introduce predictive analytics at the point of decision. Mammoth includes numerous improvements for both personal and commercial lines of business aimed at accelerating speed to market across the policy lifecycle and simplifying the claims payment and recovery process.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at vertical software stocks, starting with Manhattan Associates (NASDAQ:MANH).
HDI Global Insurance Company (HGIC), the U.S. subsidiary of international Corporate & Specialty insurer, HDI Global SE (HDI), and Guidewire (NYSE: GWRE) announced that HGIC selected Guidewire PolicyCenter as its new system for policy administration and underwriting. The company will implement PolicyCenter on Guidewire Cloud by line of business, beginning with general liability. HGIC selected Guidewire PartnerConnect Consulting Global Strategic member Ernst & Young LLP (EY US) to lead the implementation project.
Software is eating the world, and virtually no business is left untouched by it. The undeniable tailwinds fueling the industry have also led to strong returns for SaaS stocks lately
as they’ve gained 6.2% over the past six months.
Investing here would have been wise - at the same time, the S&P 500 was stuck in neutral.
Frankenmuth Insurance (Frankenmuth), a super-regional property and casualty (P&C) insurer, and Guidewire (NYSE: GWRE) announced that Frankenmuth selected Guidewire InsuranceSuite on Guidewire Cloud to power its core systems and simplify its IT operations. A Guidewire customer since 2014, the company will migrate InsuranceSuite from an on-premises environment to Guidewire Cloud simultaneously for all of its lines of business and states where it operates. Guidewire PartnerConnect Consulting Global Strategic member PwC has been selected to lead the migration project.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Bentley (NASDAQ:BSY) and the rest of the vertical software stocks fared in Q4.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at vertical software stocks, starting with Guidewire (NYSE:GWRE).
CFO Jeff Cooper noted that annual recurring revenue, revenue and profitability finished above the high end of the company’s outlook ranges in the second quarter.
Montana State Fund, Montana’s largest and only non-profit workers’ compensation insurance company, and Guidewire (NYSE: GWRE) announced that Montana State Fund selected Guidewire InsuranceSuite on Guidewire Cloud to power its core business, simplify its IT operations, adapt quickly to changing market conditions, and deliver more value to its policyholders, injured workers, and agency partners. A Guidewire customer since 2006, the company will migrate InsuranceSuite from an on-premises environment onto Guidewire Cloud, beginning with Guidewire ClaimCenter.
Insurance industry-focused software maker Guidewire (NYSE:GWRE) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 20.2% year on year to $289.5 million. Guidance for next quarter’s revenue was optimistic at $286 million at the midpoint, 2.3% above analysts’ estimates. Its non-GAAP profit of $0.51 per share was in line with analysts’ consensus estimates.
