The Andover Companies Selects Guidewire Predict To Segment Risks By Their Impact On Loss Ratio To Better Compete In The Northeast U.S. Insurance Market
Portfolio Pulse from Benzinga Newsdesk
The Andover Companies, a major mutual insurance group in the Northeast U.S., has selected Guidewire Predict to segment risks by their impact on loss ratio. This move aims to enhance their competitive edge in the regional insurance market. The Andover Companies have been using Guidewire InsuranceNow since 2015.
June 12, 2024 | 12:57 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Guidewire has been selected by The Andover Companies to provide its Predict software for risk segmentation, enhancing their competitive position in the Northeast U.S. insurance market.
The selection of Guidewire Predict by a major insurance group like The Andover Companies is likely to positively impact Guidewire's stock in the short term. This partnership highlights the value and demand for Guidewire's products in the insurance industry.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80