California-based Guidewire Software, a provider of solutions to property and casualty and workers’ compensation insurers, announced that Guidewire was named a leading provider in the April 2005 Celent report Insurance Software Deal Trends 2003-2004: Property/Casualty Edition.
“Guidewire’s deal volume made it a leading provider in the comprehensive claims systems category,” said Craig Weber, senior analyst in Celent’s insurance group and author of the report. Weber noted that Guidewire Software had 34 percent of this category’s software deals, more than any other vendor in the group.
Celent’s independent report is based on a sample of 499 software deals in insurance signed in 2003 and 2004 by 74 vendors. Details about the majority of the deals analyzed–including the carrier type, carrier size, and business processes supported – were provided by the vendors.
Additional deals were captured by reviewing public data sources. The report analyzes deals across four metacategories and 18 subcategories. More information about the report is available online at www.celent.com.
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