Guidewire Software Announced That Citizens Property Insurance Selected Guidewire Insurancesuite On Guidewire Cloud To Power Its Core Businesses, Simplify It Operations, Quickly Adapt To Changing Market Demands And Deliver More Value To Its Policyholders
Portfolio Pulse from Benzinga Newsdesk
Guidewire Software (GWRE) announced that Citizens Property Insurance has chosen Guidewire InsuranceSuite on Guidewire Cloud to enhance its core operations, streamline IT, adapt to market changes, and provide more value to policyholders.
December 20, 2023 | 1:57 pm
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Guidewire Software's partnership with Citizens Property Insurance for the use of InsuranceSuite on Guidewire Cloud could lead to increased market confidence in GWRE's cloud offerings and potentially drive future growth.
The adoption of Guidewire's InsuranceSuite by a significant insurance provider like Citizens Property Insurance is a strong endorsement of GWRE's product and cloud capabilities. This partnership is likely to be viewed positively by investors and could lead to an increase in stock price in the short term as it may be seen as a sign of potential growth and increased market penetration for Guidewire's cloud solutions.
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