Guidewire Software
Guidewire Software, Inc. is a technology company that specializes in providing software solutions for property and casualty insurers globally. Founded in 2001 and headquartered in San Mateo, California, the company offers its flagship product, Guidewire InsuranceSuite, which includes ClaimCenter for claims management, PolicyCenter for policy administration, and BillingCenter for billing management. Additionally, Guidewire provides InsuranceNow, a cloud-based platform that integrates policy, billing, and claims management functionalities. The company also offers various specialized applications such as Underwriting Management, Rating Management, and Client Data Management, along with analytics and artificial intelligence tools to enhance decision-making and improve operational efficiency. Guidewire's solutions support essential insurance operations and are designed to meet the needs of insurers across diverse markets, with a focus on delivering digital experiences to customers and enhancing overall business performance.
Pinpoint Predictive
Series A in 2024
Pinpoint Predictive is a technology company that provides property and casualty insurers with loss predictions and risk scores based solely on a customer's name and address. Its platform offers actuarial predictions related to claims frequency, severity, and loss costs, allowing insurers to enhance risk selection early in the customer journey. Additionally, the platform supplies risk scores for various purposes, including special investigation unit referrals, litigation, early cancellation, and premium leakage. By facilitating better tracking of consumers, Pinpoint Predictive enables insurance companies to tailor their product offerings more effectively.
Betterview
Venture Round in 2023
Betterview is a property intelligence platform tailored for property and casualty insurers, focusing on the analysis, scoring, management, and monitoring of property risk. By utilizing geospatial data and proprietary machine learning technology, Betterview transforms complex data into clear and actionable insights. This enables insurers to identify and mitigate risks effectively, enhancing operational efficiency and transparency throughout the policy lifecycle. The platform streamlines processes such as pricing, underwriting, and renewals, allowing insurers to make informed decisions and concentrate their efforts on high-risk properties, ultimately improving the overall customer experience.
Flyreel, Inc. is a technology company that develops a platform to assist with property insurance underwriting. Based in Denver, Colorado, the company utilizes artificial intelligence and insurance-specific computer vision to guide users through self-service inspections and claims processes. The platform captures comprehensive data about properties, including risks, hazards, features, and materials, creating a detailed record for policyholders. By enabling insurance carriers to make data-driven underwriting and policy decisions, Flyreel aims to enhance underwriting efficiency, improve risk management, and increase customer satisfaction. Originally incorporated as MyFactals, Inc. in 2013, the company rebranded to Flyreel, Inc. in March 2018.
Betterview
Convertible Note in 2020
Betterview is a property intelligence platform tailored for property and casualty insurers, focusing on the analysis, scoring, management, and monitoring of property risk. By utilizing geospatial data and proprietary machine learning technology, Betterview transforms complex data into clear and actionable insights. This enables insurers to identify and mitigate risks effectively, enhancing operational efficiency and transparency throughout the policy lifecycle. The platform streamlines processes such as pricing, underwriting, and renewals, allowing insurers to make informed decisions and concentrate their efforts on high-risk properties, ultimately improving the overall customer experience.
ISCS, Inc. specializes in the design and development of web-based software solutions for the property and casualty insurance market. Their flagship product, the SurePower Innovation Policy Administration suite, provides comprehensive services including policy administration, claims management, billing, underwriting, reinsurance, and accounting. Founded in 1994 and headquartered in San Jose, California, ISCS serves as a vital resource for insurance companies aiming to enhance their operational efficiency and drive business success. As of February 2017, ISCS operates as a subsidiary of Guidewire Software, Inc.
FirstBest
Acquisition in 2016
FirstBest Systems, Inc. specializes in software solutions tailored for property and casualty insurers. The company offers a range of products including underwriting workstations, agent portals, and new business systems. Notable offerings include FirstBest UMS, which integrates underwriting and business analyst tools with a Web 2.0 agent portal, and FirstBest Agent, a point-of-sale portal designed for new business and renewals that facilitates collaboration through shared documents and notifications. Additionally, FirstBest provides the Front Office Suite, which enhances collaboration among agents, brokers, and underwriters through predictive analytics and knowledge management tools. Founded in 2006 and based in Bedford, Massachusetts, FirstBest Systems has become part of Guidewire Software, further expanding its capabilities in the insurance technology sector.
EagleEye Analytics
Acquisition in 2016
EagleEye Analytics, Inc. specializes in predictive analytics software and consulting services tailored for the property and casualty insurance sector in the United States, Canada, and other international markets. The company offers Talon Analysis Studio, a software-as-a-service platform for model building and data analysis, alongside Talon Management Studio, which assists non-technical staff in understanding and managing analytical results. Additionally, EagleEye provides real-time scoring services that deliver actionable insights for decision-making, as well as solutions for pricing, underwriting, claims analytics, and marketing distribution. With a client base that includes several leading insurance carriers, EagleEye Analytics serves a range of businesses, from large firms to middle-market clients. Founded in 2007 and based in Columbia, South Carolina, the company has established partnerships with industry players such as Milliman and Guy Carpenter.
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