ISG to Evaluate Provider Ecosystem for P&C Platforms
12 November 2024 - 4:38PM
Business Wire
Upcoming ISG Provider Lens™ reports will
assess service providers supporting the world’s two leading
property and casualty insurer platforms
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm, has launched a pair of
research studies examining the relative strengths of service
providers supporting the two leading technology platforms for the
global property and casualty insurance sector.
The studies’ results will be published in two comprehensive ISG
Provider Lens™ reports, called Duck Creek Services Ecosystem 2025
and Guidewire Services Ecosystem 2025, both scheduled for release
in April 2025. The reports will cover how service providers enhance
and empower the core functions of these platforms, including policy
administration, billing, claims and digital innovation.
Enterprise buyers will be able to use information from the
reports to evaluate their current vendor relationships, potential
new engagements and available offerings, while ISG advisors use the
information to recommend providers to the firm’s buy-side
clients.
Both reports will cover the entire lifecycles of their
respective platforms, from implementation, customization, and
day-to-day operations to continuous improvements.
“Typically, what an insurer looks for from a P&C platform
services provider is, first and foremost, domain expertise,
including knowledge of local and regional regulations,” said Aman
Munglani, ISG senior director and principal analyst. “From there,
insurers want a provider that can configure a P&C platform to
their specific business needs, as well as support the project
management and change management tools it requires to stay
competitive, maintain best practices, and stay on-schedule and
within budget.”
ISG has distributed surveys to more than 40 providers of
services supporting the Duck Creek and Guidewire platforms
worldwide. Working in collaboration with ISG’s global advisors, the
research team will produce one quadrant per report, representing
the P&C platform services the typical enterprise is buying
based on ISG’s experience working with its clients. These quadrants
are:
- Duck Creek Services assessing the expertise and
experience of core system service providers in managing projects of
varying complexities. Providers in this space will have
demonstrated capabilities in data migration, system integration and
customization, implementation, managed services and quality
assurance.
- Guidewire Services evaluating similar capabilities of
service providers supporting this platform, taking into account the
providers’ differing levels of experience across varying lines of
business. Providers in this space also will have demonstrated their
unique approaches to data migration, system customization, digital
innovation and client training programs.
ISG analyst Manav Deep Sachdeva will serve as lead author of
both reports.
A list of identified providers and vendors and further details
on the Duck Creek study may be found in this digital brochure.
Details on the Guidewire study are available in this brochure.
Companies not listed as property and casualty platform providers
supporting Duck Creek or Guidewire may contact ISG and ask to be
included in the study.
All 2025 ISG Provider Lens™ evaluations feature expanded
customer experience (CX) data that measures actual enterprise
experience with specific provider services and solutions, based on
ISG’s continuous CX research. Enterprise customers wishing to share
their experience about a specific provider or vendor are encouraged
to register here to receive a personalized survey URL. Participants
will receive a copy of this report in return for their
feedback.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only
service provider evaluation of its kind to combine empirical,
data-driven research and market analysis with the real-world
experience and observations of ISG's global advisory team.
Enterprises will find a wealth of detailed data and market analysis
to help guide their selection of appropriate sourcing partners,
while ISG advisors use the reports to validate their own market
knowledge and make recommendations to ISG's enterprise clients. The
research currently covers providers offering their services
globally, across Europe, as well as in the U.S., Canada, Mexico,
Brazil, the U.K., France, Benelux, Germany, Switzerland, the
Nordics, Australia and Singapore/Malaysia, with additional markets
to be added in the future. For more information about ISG Provider
Lens research, please visit this webpage.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 900 clients, including more than 75 of the
world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including AI, cloud and data analytics; sourcing advisory; managed
governance and risk services; network carrier services; strategy
and operations design; change management; market intelligence and
technology research and analysis. Founded in 2006, and based in
Stamford, Conn., ISG employs more than 1,600 digital-ready
professionals operating in more than 20 countries—a global team
known for its innovative thinking, market influence, deep industry
and technology expertise, and world-class research and analytical
capabilities based on the industry’s most comprehensive marketplace
data. For more information, visit www.isg-one.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241112516065/en/
Press:
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Julianna Sheridan, Matter Communications for ISG +1 978-518-4520
isg@matternow.com
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