Guidewire Software announced the results of the underwriting and policy management that identifies and compares insurer characteristics and system functionality needs by type of underwriting strategy.
The research study was commissioned by Guidewire and conducted by Ward Group, an independent consulting firm specializing in the insurance industry. The study benchmarks best practices information to help insurers compare their underwriting performance and policy processing operations against those of peers with similar underwriting objectives.
Participants included more than 50 property/casualty insurers across North America, and represented a cross section of carriers by size, business type, and distribution channel.
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