Guidewire Innsbruck Release Empowers Insurers to Transform Customer Experiences with Jutro Digital Platform
CONNECTIONS CONFERENCE – Guidewire (NYSE: GWRE) announces Innsbruck, its latest cloud release, which helps insurers take advantage of market opportunities with advancements in customized digital experiences, risk insights, and claims automation. Innsbruck* will be unveiled at Connections, Guidewire’s customer conference, on November 13. Keynotes will be livestreamed and available on-demand. To view the livestream, visit connections.guidewire.com.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231112453088/en/
With this release, a record number of new functional capabilities will become generally available, including Jutro Digital Platform (Jutro) which empowers insurers to build digital experiences for any user across any line of business or distribution channel. Predict now includes Tune, a framework for actuaries to evaluate pricing strategies for maximizing growth and profitability. Predict also adds Analytics Manager to embed insights into underwriting and claims processes with codeless configuration. Underwriters can quickly and accurately assess risk for Canadian properties with HazardHub. Autopilot Workflow Service automates business processes across the P&C insurance lifecycle, with an initial focus on optimizing claims workflows. Data Studio accelerates time-to-value for business insights and analytics by making it easy to define curated operational datasets from InsuranceSuite core data.
InsuranceNow Update Automation enables insurers to update to the latest Guidewire Cloud release in weeks, not months, leveraging automated functional testing and delivery of new environments. New products for InsuranceNow GOenable insurers to launch a full commercial package policy up to 50% faster than building new products from scratch.
*Innsbruck release will be generally available on December 1, 2023. Some limits may apply.
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 more than 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.
NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices/. All products mentioned in this announcement are Guidewire products. Not all products are available in every geography or to self-managed customers. Any unreleased services or features referenced in this, or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Guidewire applications should make their purchase decisions based upon features that are currently available.
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 Innsbruck mentioned in this press release (including, without limitation, Jutro Digital Platform, Tune, Analytics Manager, Autopilot Workflow Services, Data Studio, HazardHub, InsuranceNow Update Automation, and InsuranceNow GO). 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; 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 and security; 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, global pandemics, the ongoing wars between Russia and Ukraine and between Israel and Hamas, escalating tensions in the South China Sea, inflation higher than we have seen in decades, 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 customers’ data, particularly in connection with our transition to a hybrid in-person and remote workforce; our competitive environment and changes thereto; issues in the development and use of artificial intelligence 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 tax 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; and other risks and uncertainties. Past performance is not necessarily 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.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Melissa Cobb, Senior Public Relations Manager
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
AudioCure Pharma Receives Hearing Technology Innovator Award for its Innovative Compound AC102 for the Treatment of Sudden Hearing Loss7.12.2023 10:05:00 CET | Press release
AudioCure Pharma GmbH announced today that it has been awarded for its innovative compound AC102 by the Hearing Technology Innovator Awards™, honoring technological innovation and breakthroughs in the hearing industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231205308215/en/ Dr. Reimar Schlingensiepen (left, CEO of AudioCure Pharma GmbH) and Prof. Hans Rommelspacher (founder and CSO) receive the award in the therapeutics category. (Photo: AudioCure Pharma) AudioCure is developing the therapeutic small molecule AC102 to treat hearing impairments including Sudden Sensorineural Hearing Loss (SSNHL). While corticosteroids are the standard treatment, health authorities have never approved them as there is no clear evidence of a clinically relevant benefit to the patient. AudioCure is conducting extensive research to develop targeted and effective therapies to address this high unmet medical need. In preclinical hearing los
FourKites Unveils Supply Chain Training Platform to Help Customers Maximise Value and Increase ROI7.12.2023 10:03:00 CET | Press release
Leading supply chain visibility provider FourKites today announces the availability of FourKites Academy, a comprehensive training platform designed to help supply chain professionals advance in their careers and business goals with high-quality, industry-recognised training resources. In addition to offering a Council of Supply Chain Management Professionals (CSCMP)-accredited course, the Academy helps FourKites customers and their extended ecosystem — including third-party logistics providers (3PLs), carriers, brokers and transportation management partners — keep pace with FourKites’ latest innovations and derive maximum value from the platform. According to research from the 2023 MHI Annual Industry Report, hiring and retaining qualified workers is the top challenge for supply chain leaders, with 41% indicating that reskilling and training their workforce is key to preparing for future disruptions. “Through FourKites Academy, we are empowering supply chain professionals with new ski
The 5th World Media Summit (Yunnan Branch) and the 2nd Yunnan International Communication Forum Kicks off in Kunming, China7.12.2023 09:43:00 CET | Press release
The 5th World Media Summit (Yunnan Branch) and the 2nd Yunnan International Communication Forum kicked off on December 6, 2023, in Kunming, the capital city of Yunnan Province in Southwestern China, gathering more than 300 representatives of around 80 institutions, including media outlets, international organizations and think tanks, from nearly 30 countries and regions . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231206795498/en/ The 5th World Media Summit (Yunnan Branch) and the 2nd Yunnan International Communication Forum kicks off in Kunming on Dec. 5 (Photo: Business Wire) The opening of the summit on December 5 witnessed the adoption of the Kunming Initiative, the launch of a theme activity named "A Lifestyle Called Yunnan", as well as the release of the list of trending words for international communication generated by Xinhuanet. According to the agenda of the summit, the attendees will discuss a variety of topic
euNetworks’ CEO delivers insight at COP28 on the company’s sustainability focus7.12.2023 09:00:00 CET | Press release
euNetworks Group Limited (“euNetworks”), a Western European bandwidth infrastructure company, was recently featured in an interview series with leaders from across industries undertaken during the United Nations Climate Conference (COP28) in Dubai. The series of interviews captures lessons learned, sustainability success stories and key messages for the future from leaders across the energy, technology and telecom, manufacturing and finance industries. euNetworks has also released its latest Sustainability Report, detailing the company’s commitment to sustainability and substantial progress over the last year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231207410743/en/ Paula Cogan, CEO of euNetworks (Photo: Business Wire) euNetworks builds and invests in city and long haul fibre networks to connect key European data centres and data hubs. The company owns and operates deep fibre networks in 17 cities and also operates a
Ecopol Announces Strategic Investment in JRF Technology7.12.2023 09:00:00 CET | Press release
Ecopol S.p.A. (“Ecopol”), a leading developer and producer of innovative biodegradable films and delivery systems, announced today it has completed a strategic investment in JRF Technology LLC (“JRF” or the “Company”), a leading developer of water-soluble polymer and edible film technology. Founded in 2007 and based in Tampa, Florida, JRF is an innovation and R&D organization focused exclusively on water-soluble polymer and edible film technology. From its state-of-the-art GMP laboratory, JRF provides innovation services to clients ranging from leading multinational consumer goods companies to innovative start-ups. The Company has unique expertise in product development and process technology to convert water-soluble polymers into value-added commercial products. JRF will continue to be led by President James Rossman and Managing Director Richard Fielder and will serve as Ecopol’s U.S. R&D Center of Excellence, complementing its R&D capabilities in Italy. “Our strategic investment in J