Top 5 Prefered Companies To Invest In 2016: Guidewire Software Inc (GWRE)
Guidewire Software, Inc. (Guidewire), incorporated in 2001, is a provider of system software to the global property and casualty insurance industry. The Company's solutions serve as the transactional systems-of-record for, and enable the functions of a property and casualty insurance carrier's business, such as underwriting and policy administration, claims management and billing. Guidewire has developed a suite of configurable applications that are delivered through a Web-based interface and can be deployed either on-premise or in cloud environments. Its Guidewire InsuranceSuite includes Guidewire PolicyCenter, Guidewire ClaimCenter and Guidewire BillingCenter applications, which enable a range of property and casualty insurance operations. The Company derives its revenues from licensing software applications, providing maintenance support and providing professional services, principally consisting of implementation and training services. Guidewire's license revenue s are primarily generated through annual license fees. In May 2013, Guidewire Software Inc acquired Millbrook Inc.
Guidewire PolicyCenter
Guidewire PolicyCenter is the Company's underwriting and policy administration application that serves as a system-of-record that supports the policy lifecycle, including product definition, underwriting, quoting, binding, issuances, endorsements, audits, cancellations and renewals. PolicyCenter integrates the underwriting process of evaluating risks and establishing the appropriate policy terms and pricing.
Guidewire ClaimCenter
Guidewire ClaimCenter is the Company's claims management application for claim intake, assessment, settlement and processing of claim-related financial transactions. ClaimCenter provides property and casualty insurance carriers with the tool! s built within a business rules-based claims application.
Guidewire BillingCenter
Guidewi re BillingCenter is its billing and receivables management a! pplication. It automates the billing lifecycle, enables the design of a range of billing and payment plans, manages agent commissions and integrates with external payment systems. BillingCenter handles direct and agency billing for all property and casualty insurance lines of business, and its dual-entry accounting core integrates with a property and casualty insurance carrier's general ledger.
The Company competes with Accenture, Computer Sciences Corporation, MajescoMastek, Tata Consultancy Services Limited, AQS, Inc., OneShield, Inc., StoneRiver, Inc., Oracle Corporation, Pegasystems Inc. and SAP AG.
Advisors' Opinion:- [By Peter Graham]
The Q3 2014 earnings report for small cap insurance software stock Ebix Inc (NASDAQ: EBIX), a potential peer of insurance software stocks like small cap Benefitfocus Inc (NASDAQ: BNFT) and mid cap Guidewire Software Inc (NYSE: GWRE), is scheduled for before the market opens on Friday (November 7th). Aside from the Ebix Inc earnings report, it should be said that Benefitfocus Inc will report Q3 2014 earnings when the market closes today while Guidewire Software Inc reported Q4 2014 earnings on September 2nd. However, the Ebix Inc earnings report will be closely watched as it's the fourth most shorted stock on the Nasdaq with short interest of 53.62% according to HighShortInterest.com. These shorts began targeting Ebix Inc in the summer of 2013 when Goldman Sachs Group Inc (NYSE: GS) terminated an agreement to acquire the company after reports of a probe of allegations of intentional misconduct with Bloomberg reporting the company was being investigated specifically f or money laundering.
- [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]
Guidewire Software In! c.'s(GWRE! ) fiscal third-quarter loss narrowed, even as the software vendor reported an uptick in operating expenses that offset revenue growth. Shares edged up 1.6% to $37.50 premarket.
- [By Wallace Witkowski]
Shares of Guidewire Software Inc. (GWRE) rose 5.2% to $47.30 on moderate volume after the insurance software maker topped Wall Street estimates for the fiscal first quarter.
- [By Jonas Elmerraji]
It doesn't get much more simple than the setup in shares of Guidewire Software (GWRE). You don't have to be an expert technical analyst to figure out what's going on in this stock. All it takes is a quick look at the chart.
Guidewire is currently trending higher in a well-defined price channel, a setup that gives us a high probability price range for GWRE's shares to trade within. Now, with shares sitting at trendline support, we're coming on a timely buying opportunity; buying at support has proven prescient each of the last six times GWRE has tested the support level that it established in March. But it's still critical to wait for the bounce in shares.
Buying off a support bounce makes sense for two big reasons: it's the spot where shares have the furthest to move up before they hit resistance, and it's the spot where the risk is the least (because shares have the least room to move lower before you know you're wrong). Remember, all trend lines do eventually break, but by actually waiting for the bounce to happen first, you're ensuring the Guidewire can actually still catch a bid along that line.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-prefered-companies-to-invest-in-2016-2.html