As customer expectations rise, property and casualty (P&C) insurers are focusing on data and infrastructure modernization initiatives that help drive product innovation, operational efficiency, and competitive advantage. According to CGI’s latest Voice of Our Clients research, P&C insurance executives’ top priorities are digitizing and modernizing operations to stay competitive and drive differentiation.
To help insurers advance their digital transformation, CGI has expanded Guidewire Services into growing markets, building local and offshore delivery capabilities and adopting geo-specific strategies in line with the company’s client proximity model.
In recognition of these efforts, CGI was named a Leader in the Everest Group’s Guidewire Services PEAK Matrix® Assessment 2024.
Unique strengths that position CGI as a Leader
Everest Group highlighted several unique strengths that help position CGI as a Leader:
- Rich repository of point solutions and tools such as the GMock accelerator, DocCrea E2E automation testing, test factory, and automated test design accelerators to augment Guidewire implementations and enhance testing automation capabilities
- Outstanding System Integrator Market Growth Awards – (Americas and EMEA) and Passion for Excellence Award presented to CGI at Guidewire Connections 2023
- Demonstration of credible success proof-points in delivering on-time Guidewire implementations for tier-2 and tier-3 insurers in Europe through a client proximity-based delivery model, helping CGI drive localization benefits
- Domain knowledge and understanding of legacy systems, which helps clients transition to new systems smoothly
Characteristics of Leaders in Everest Group’s Guidewire Services PEAK Matrix® Assessment
For this year’s assessment, Everest Group analyzed interactions with leading insurance IT service providers, client references, and ongoing analysis of the insurance IT services market. Overall, organizations recognized as Leaders display three defining characteristics:
- Large-scale IT-heritage and consulting-heritage firms
- Comprehensive partnership ecosystem
- Strong proof-points in working with carriers across the Guidewire services value chain
Delivering successful programs for clients around the world
Guidewire is a core focus area for CGI’s P&C insurance practice. As the industry transitions from on-premises hosting to the cloud, we have strengthened our Guidewire offerings by investing in people, processes, and technology and aligning each with our clients’ cloud transformation journey.
Register to access the CGI-focused version of Everest Group’s Guidewire Services PEAK Matrix® Assessment 2024, and learn more about CGI’s Guidewire service delivery capabilities.