
In 2023, the Property and Casualty (P&C) insurance industry progressed in digital transformation, prioritizing platform modernization to meet evolving business and customer demands. In this landscape, Guidewire was pivotal for insurers seeking to update their core systems. Thus, enterprises are optimizing operational efficiency, scalability, and customer engagement through flexible and interconnected system architectures.
In response, providers are improving their Guidewire expertise to align their services with modern P&C insurance requirements. The emphasis is on developing proficient talent pools, enhancing cloud integration strategies, and reinforcing data analytics capabilities to support complex migration and implementation processes. Additionally, they are expanding across growth markets, building local capabilities, adopting geo-specific strategies, and improving offshore capabilities for cost-effectiveness.
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Guidewire Services PEAK Matrix® Assessment 2024
What is in this PEAK Matrix® Report
In this report, we analyze 28 Guidewire service providers featured on the Guidewire Services PEAK Matrix® Assessment 2024.
Contents:
In this report, we share::
- An assessment of 28 leading Guidewire service providers on Everest Group’s Services PEAK Matrix® evaluation framework
- Characteristics of Leaders, Major Contenders, and Aspirants in the Guidewire services market
- Detailed profiles of the providers, along with their key strengths and limitations
Scope:
- Industry: insurance, financial services
- Geography: global
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What is the PEAK Matrix®?
The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.