Guidewire Software Sees Strong Demand from Tier 1 Insurers -- Market Talk

Dow Jones

2025/06/04

1818 ET - Guidewire Software saw growing demand across each tier of the property and casualty insurance industry in its latest quarter, with particular strength from the high-end of the market, CEO Mike Rosenbaum says during the company's earnings call. The company closed 17 cloud deals in the quarter, with seven core system deals with Tier 1 insurers and three with Tier 2 insurers, he says. Insurers are continuing to look to replace rigid systems with more agile platforms that allow them to deploy new products and lines of business faster, he says. (kelly.cloonan@wsj.com)

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June 03, 2025 18:18 ET (22:18 GMT)

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The company closed 17 cloud deals in the quarter, with seven core system deals with Tier 1 insurers and three with Tier 2 insurers, he says. Insurers are continuing to look to replace rigid systems with more agile platforms that allow them to deploy new products and lines of business faster, he says. (kelly.cloonan@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 03, 2025 18:18 ET (22:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GWRE","symbol_name":"Guidewire Software","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2540100700","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540100700","pubTimestamp":1748989080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1818 ET - Guidewire Software saw growing demand across each tier of the property and casualty insurance industry in its latest quarter, with particular strength from the high-end of the market, CEO Mike Rosenbaum says during the company's earnings call. The company closed 17 cloud deals in the quarter, with seven core system deals with Tier 1 insurers and three with Tier 2 insurers, he says. Insurers are continuing to look to replace rigid systems with more agile platforms that allow them to deploy new products and lines of business faster, he says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GWRE":"Guidewire Software","BK4023":"应用软件"},"translate_title":"Guidewire Software看到一级保险公司的强劲需求——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GWRE":1},"content_text":"1818 ET - Guidewire Software saw growing demand across each tier of the property and casualty insurance industry in its latest quarter, with particular strength from the high-end of the market, CEO Mike Rosenbaum says during the company's earnings call. The company closed 17 cloud deals in the quarter, with seven core system deals with Tier 1 insurers and three with Tier 2 insurers, he says. Insurers are continuing to look to replace rigid systems with more agile platforms that allow them to deploy new products and lines of business faster, he says. (kelly.cloonan@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 03, 2025 18:18 ET (22:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}