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Guidewire (GWRE) Market Place Includes Ghost Draft Accelerator

·3 min read

Guidewire Software GWRE announced that GhostDraft’s new validated accelerator for PolicyCenter users was available in the Guidewire marketplace.

GhostDraft designs end-to-end customer communications and digital experience platforms for insurers. It empowers insurers to transform communications and reduce compliance risk at the same time.

GhostDraft’s integration with PolicyCenter will help build lasting relationships with policyholders, and increase their efficiency and agility.

Guidewire Software, Inc. Price and Consensus

 

Guidewire Software, Inc. Price and Consensus
Guidewire Software, Inc. Price and Consensus

Guidewire Software, Inc. price-consensus-chart | Guidewire Software, Inc. Quote

Benefits of GhostDraft’s Accelerator

With GhostDraft's accelerator, insurers may quickly develop customized manuscript endorsements using a robust Microsoft Word-like environment within PolicyCenter. This, in turn, enables users to maintain consistent formatting and ultimately optimize the manuscript process.

Users can take advantage of more than 10 lines of pre-configured ISO template libraries, which help insurers gain real-time ISO updates as well as accelerate speed to market.

The solution also allows insurers' IT staff to focus on more important tasks, while empowering non-technical individuals to manage customized omnichannel documents on a large scale.

By enhancing customer experiences, a company can witness rising profitability and a lesser need to spend on advertisement budgets.

On May 17, 2022, GuideWire announced its partnership with Fenris Digital. The partnership was aimed at integrating Fenris’ insurance data sourcing accelerator with PolicyCenter to improve customer experience through analytics and machine learning. This bodes well with the current partnership between Guidewire and GhostDraft.

San Mateo, CA-based Guidewire provides software solutions for property and casualty insurers. The company's solutions help reduce risk via increased productivity, bringing speed to market, digital engagement and simplifying IT infrastructure.

Guidewire InsurancePlatform is a P&C industry platform deployed by providing Guidewire Cloud joining software, services and partner ecosystem to customers’ businesses.

Further, the company offers Guidewire InsuranceSuite and Guidewire InsuranceNow, which provide solutions to support the entire insurance lifecycle, including product definition, distribution, underwriting, policy-holder services and claim management.

Key Picks:

Guidewire currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks from the broader technology space are InterDigital IDCC, Vishay Intertechnology VSH and Pure Storage PSTG. InterDigital and Pure Storage currently sport a Zacks Ranks #1 (Strong Buy), whereas Vishay Intertechnology carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 5.2% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.

InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 16.2% in the past year.

The Zacks Consensus Estimate for Vishay Intertechnology’s 2022 earnings is pegged at $2.68 per share, rising 10.3% in the past 60 days. The long-term earnings growth rate is anticipated to be 22.7%.

Vishay Intertechnology’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 4.96%. Shares of VSH have declined 19.3% in the past year.

The Zacks Consensus Estimate for Pure Storage’s fiscal 2023 earnings is pegged at 86 cents per share, unchanged in the past 60 days. The long-term earnings growth rate is anticipated to be 30.9%.

Pure Storage’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 99.2%. Shares of PSTG have gained 23.7% in the past year.


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