NFU Mutual Migrates to Guidewire Cloud Platform, Enhancing Digital Capabilities
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Long-term Partnership Strengthened: NFU Mutual's collaboration with Guidewire, spanning over 15 years, is deepened by migrating to the Guidewire Cloud Platform, which not only enhances operational efficiency for its 300-agent network but also significantly improves customer service quality, helping the company maintain its competitive edge in the insurance market.
- Cloud Platform Benefits: By migrating to the Guidewire Cloud Platform, NFU Mutual can leverage a scalable, secure, and rapidly updatable cloud delivery model, focusing on insurance excellence and modernizing core operations to meet evolving market demands.
- Investment in Data Management: NFU Mutual is committing further investments to enhance its data management and digital capabilities, utilizing the Guidewire Data Platform to capture critical data that generates business insights, thereby driving informed business decisions.
- Improved Product Update Efficiency: The Jutro Digital Platform will assist NFU Mutual in reducing time-to-market, allowing for instant updates of products and features across all digital intake points and partner channels, thus enhancing market responsiveness and customer satisfaction.
Analyst Views on GWRE
Wall Street analysts forecast GWRE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GWRE is 279.60 USD with a low forecast of 245.00 USD and a high forecast of 305.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 160.030
Low
245.00
Averages
279.60
High
305.00
Current: 160.030
Low
245.00
Averages
279.60
High
305.00
About GWRE
Guidewire Software, Inc. delivers a platform that property and casualty insurers trust to engage, innovate and grow efficiently. The Company's core products include InsuranceSuite Cloud, InsuranceNow, and InsuranceSuite for self-managed installations. These products are transactional systems of record that support the entire insurance lifecycle, including insurance product definition, distribution, underwriting, policyholder services, and claims management. It also sells digital engagement and analytics products. Its digital engagement products enable digital sales, omnichannel service, and enhanced claims experiences for policyholders, agents, vendor partners, and field personnel. Its InsuranceSuite Cloud is a configurable and scalable product, delivered as a service, and primarily comprised of three core applications (PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud) that can be subscribed to separately or together.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
