Guidewire unveils Guidewire Live for analytics-driven insurance

P&C platform  Guidewire has unveiled  Guidewire Live, a suite of analytics apps to provide real-time insights embedded in core systems across the insurance lifecycle. The announcement arrives with the launch of Dobson, the latest release of  Guidewire's cloud platform.

Guidewire Live's smart-loop analytics power the apps that provide insurers with curated intel from an array of high-value data sources. Live Apps are integrated with core systems and enable more accurate decision-making for claims managers, adjusters, underwriters, risk managers and actuaries. Support for open-source analytical models (Bring Your Own Model), new data visualisations, integration of HazardHub property risk insights with PolicyCenter, and greater internationalisation capabilities are just a few of the latest innovations included in  Guidewire Live.

“Traditionally, insurers have relied upon historical data to make decisions, but in today’s quickly changing market, this is no longer enough,” said Roger Arnemann (pictured), senior vice president and general manager, Analytics at  Guidewire. “If insurers cannot react to what is happening now, they can’t succeed in the future. We are thrilled to introduce  Guidewire Live as the industry’s first smart-loop analytics solution that enables insurers to outsmart, outpace, and outperform in a rapidly changing environment.”

In addition, new advances in the Dobson release of the  Guidewire Cloud Platform (GWCP) aim to deliver more cloud agility and empower developers to drive innovation.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.