Beazley Selects Guidewire Cyence Risk Analytics for Enhanced Risk Modeling
Summary
LONDON & SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced that specialist insurer Beazley has selected Guidewire Cyence™ Risk Analytics (Cyence) to leverage its internet-scale data collection capabilities to improve underwriting, capital and pricing efficiencies, and offer policy terms and premiums as quickly as possible to its customers. “We have been a longtime Guidewire ClaimCenter™ customer and Cyence’s smart data collection will enhance our ability to capture and analyze claims data to deliver insight that can help design new products and go-to-market strategies.” Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America and Asia. Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business. Guidewire delivers the industry platform that Property and Casualty (P&C) insurers rely upon to adapt and succeed in a time of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and grow their business.