SAN MATEO, Calif. - Wednesday, 02. April 2025 AETOSWire
(BUSINESS WIRE)--Guidewire (NYSE: GWRE) announces Mammoth, its latest release, which empowers insurers to adapt to market changes and supports underwriting teams with enhanced offerings to introduce predictive analytics at the point of decision. Mammoth includes numerous improvements for both personal and commercial lines of business aimed at accelerating speed to market across the policy lifecycle and simplifying the claims payment and recovery process.
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“The Mammoth release continues our momentum of transforming how insurers meet policyholder needs, enhancing insurer agility and improving the service experience for their customers,” said Diego Devalle, Chief Product Development Officer, Guidewire. “With new features that speed product development, streamline claims and policy management, and increase operational efficiency, Mammoth will help insurers be more nimble and responsive to changing market needs.”
Mammoth includes several powerful capabilities and enables insurers to:
Automate and streamline key policy management processes, reducing manual intervention and increasing efficiency with Autopilot Workflow Service for PolicyCenter.
Manage end-to-end glass claim processing with the Autopilot Template for Personal Auto Glass, a pre-built workflow template, available through Guidewire Marketplace.
Offer tailored insurance solutions that align with the seasonal needs of policyholders with Seasonal Coverage in Guidewire PolicyCenter, allowing policyholders to pay only for what they need when they need it.
Improve policy and claims outcomes by leveraging embedded analytics and business predictions for critical decisions, now accelerated by the model-ready datasets included with the Data Studio integration for Predict.
Launch products quickly by accessing the latest rates directly from ISO with the InsuranceNow ISO Rating as a Service (RaaS) for Commercial Property.
Improve customer engagement and speed the launch of new digital experiences with two new Jutro templates—'Workers' Compensation Quote & Buy' and 'Commercial Auto FNOL'—now available, along with enhanced functionality for existing agent and policyholder experience templates.
Streamline claims payment and recovery by integrating it to the Guidewire BillingCenter premium collection process with Claims Payment and Recovery on Account.
For more detailed information, please read the blog on the Guidewire Mammoth release.
Mammoth release will be generally available on April 2, 2025. Some features may not be available in all regions.
About Guidewire
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.
We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire trademarks, visit https://www.guidewire.com/legal-notices.
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 Mammoth mentioned in this press release (including, without limitation, Seasonal Coverage, Claims Payment and Recovery on Account, and Autopilot Workflow Service). 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, Annual Recurring Revenue (“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 and ARR; our making long-term pricing commitments in our customer contracts based on available information and estimates about our future costs that may change; our ability to successfully manage our business model, including achieving market acceptance of our cloud-based services and products and the costs related to cloud operations, cybersecurity, product development, and services; the timing, success, and number of professional services engagements and the billing rates and utilization of our professional services employees and contractors; the impact of global events (including, without limitation, ongoing global conflicts, inflation, high interest rates, economic volatility, bank failures and associated financial instability, and supply chain issues) on our employees, our business, and the businesses of our customers, system integrator (“SI”) partners, and vendors; data security breaches of our cloud-based services and products or unauthorized access to our employees’ or our customers’ data; our competitive environment and changes thereto; issues in the development and use of artificial intelligence and machine learning combined with an uncertain regulatory environment; use of AI by our workforce may present risks to our business; errors or failures in our products or services, as well as service interruptions or failure of the third-party service providers we rely on; 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 machine learning, tax regulations and 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; our ability to sell our services and 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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250402709318/en/
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Contacts
Melissa Cobb
Director, Public Relations
Guidewire Software, Inc.
+1.650.464.1177
mcobb@guidewire.com
