Guidewire Launches Insurtech Vanguards programme

Guidewire Software, an American software company, has launched its new Insurtech Vanguards programme designed to identify and highlight insurtech companies of interest to the P&C industry.

The company is already involved in the insurtech community as an investor and through its PartnerConnect Solution program, which offers curated access to a host of insurtech and more established third-party partner solutions on Guidewire Marketplace. Guidewire continually explores ways to connect insurers with the latest innovations. The Insurtech Vanguards programme takes this effort to the next level by offering a channel for connecting insurers and insurtechs, the company said in a statement.

Guidewire and the insurtech industry 

“Guidewire’s experience with insurtechs, who are changing the way the P&C industry conducts business in today’s world, is significant. As evidenced by our valued ecosystem of PartnerConnect insurtech Solution partners, we have made it a priority to scout out, identify, and curate those insurtechs that are the most innovative in our industry and most relevant to our community,” said Laura Drabik, chief evangelist, Guidewire. “Our Insurtech Vanguard program will continue to identify these hot, up-and-coming companies across the globe, so that our customers have easy access to the most innovative companies in the world without needing to do the leg work themselves.” The company says that investment in the insurtech industry is growing with a total of US$7.1bn recorded at the end of 2020.

Who are the members of Guidewire’s Insurtech Vanguard programme?

• Attestiv assures the authenticity of digital media captured by any person or device utilising artificial intelligence and blockchain technology.
• MākuSafe offers an award-winning safety, data and analytics solution using wearables aimed at improving worker health, safety, and productivity while reducing incidents and mitigating workplace hazards and risk exposures.
• Roost is a technology company focused on disrupting the traditional property insurance model through their “Property Telematics” suite of solutions providing peace-of-mind to property owners and rich data to insurers.
• Zensurance is an innovative, Canadian-based insurtech startup that is changing how small businesses, startups, and entrepreneurs across a broad range of industries in nine provinces purchase insurance.
• Zesty.ai offers insurers and real estate companies access to precise intelligence about every property in North America. The company uses AI to provide unique property insights and account for details impacting a property’s risk, including natural disasters like wildfires.

The Insurtech Vanguards programme aims to highlight innovative insurtechs that are bringing novel approaches to insurance, introducing these pioneering companies and the value propositions they bring to Guidewire’s existing community of insurance customers.