Guidewire Software, Inc. (GWRE) provides software products for property and casualty insurers.
It offers Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers.
The company's products include Guidewire InsuranceSuite comprising Guidewire PolicyCenter, an underwriting and policy administration application; Guidewire ClaimCenter, a lifecycle management application; Guidewire BillingCenter, manages billing, payment plans, agent commissions, and external payment systems; and Guidewire Underwriting Management, a cloud-based underwriting application.
Its InsuranceSuite add-on applications consist of Guidewire Rating Management to manage the pricing of insurance products; Guidewire Reinsurance Management to use rules-based logic to execute reinsurance strategy through underwriting and claims processes; Guidewire Client Data Management to manage customer information; and Guidewire Product Content Management that provides software tools and standards-based line-of-business templates to introduce and modify insurance products.
The company also provides data management and analytics products, such as Guidewire DataHub, a data store that unifies, standardizes, and stores data from insurers systems and external sources; Guidewire InfoCenter that provides information for business intelligence, analysis, and enhanced decision making; Guidewire Live that aggregate data from internal and third-party sources, and analyze and visualize data; and Guidewire Predictive Analytics, a tool that allows insurers to make data-driven decisions.
In addition, it offers Guidewire Digital Engagement Applications to provide digital experiences to customers, agents, vendors, and field personnel through their device of choice; and implementation and integration, maintenance support, and professional services, as well as Guidewire Production Services.
Shares are heading higher in an upward trading channel. The said channel is supported by the stock's 50-day moving average shown in brown. Higher share prices are expected for this stock. The firm reports its quarterly results on November 27th.
52-Weeks Trading Range: $49.18 - $81.46
Entry Point: $77.25
Stop Loss: $73.35
Target Price: $85.25
GWRE closed at $75.50