Guidewire Software Inc. published its inaugural London Market Tech Barometer, a survey of 251 brokers, finding that insurer technology is a decisive or highly significant factor in risk placement for 78% of respondents as the market softens. Brokers cited reliance on outdated technology as the top barrier to modernisation (24%), while many said they are pursuing their own tech strategies regardless of the Blueprint Two timeline. The report also highlights growing use of AI for submission intake and data extraction (42%) and accelerating adoption of algorithmic or fully digital underwriting, with 51% saying the shift is already happening.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guidewire Software Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602190308BIZWIRE_USPR_____20260219_BW327263) on February 19, 2026, and is solely responsible for the information contained therein.