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Stock impact report

London Market Brokers Favouring Digitally Advanced Insurers in a Softening Market

Guidewire Software, Inc. (GWRE) 
Last guidewire software, inc. earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.guidewire.com
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--How London Market insurers harness new digital technology to improve speed, integration and ease of doing business, is a major determinant on where brokers place their business, according to a new research from Guidewire.The inaugural Guidewire London Market Tech Barometer - a survey of more than 250 insurance brokers who deal primarily with London Market insurers - revealed that nearly four in five (78%*) brokers surveyed say insurer technology plays a decisive or highly significant role in where they place risk. This is even more significant among senior brokers and director-level respondents, demonstrating that this is not merely an operational nice-to-have, but a strategic filter applied by experienced decision-makers.When asked to identify the single biggest impediment to modernisation in the London Market, reliance on outdated technology ranked the highest (24%). In a softening market, the survey suggests brokers are becoming more attuned to efficien Show less Read more
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