PwC named a Leader and Star Performer in Everest Group Guidewire Services PEAK Matrix 2024

Everest Group recently released its report titled ‘Guidewire Services PEAK Matrix® Assessment 2024.’  

In the report, it states that, ‘In 2023, the Property and Casualty (P&C) insurance industry continued its journey toward digital transformation, with a notable inclination toward platform modernization, to meet evolving business and customer demands. Within this landscape, Guidewire has been a key consideration for insurers looking to update their core systems. The focus of enterprises has been on optimizing operational efficiency, scalability, and customer engagement through more flexible and interconnected system architectures.’

Everest Group confers the Star Performer title on providers that demonstrate the most improvement over time on the PEAK Matrix®. On defining the Leaders, the report says:

• ‘Leaders comprise large-scale IT-heritage and consulting-heritage firms. These providers have a strong global presence and delivery capabilities that enable them to scale according to requirements, present an opportunity for clients to utilize certified talent, and provide strategic support to clients in developing roadmaps.

• Leaders have built a comprehensive partnership ecosystem consisting of third-party providers, InsurTechs, and Guidewire marketplace solutions, along with investments in gaining region-/product specific specializations.

• Leaders continue to show strong proof points in working with carriers across the Guidewire services value chain, from consulting and change management to product implementation and other related workstreams such as upgrades, integrations, enhancements, maintenance, and support.’ 

Commenting on PwC’s strengths, some of the ones mentioned by Everest Group are:

• Continued investments in building a market-leading pool of Guidewire-certified resources, multiple success proof points of driving successful Guidewire Cloud implementations, and established upskilling/reskilling programs help PwC present strong credentials to manage Guidewire Cloud migration projects.

• Strategic partnership with Guidewire for joint engineering initiatives, combined with industry-specific thought leadership, has helped PwC align with Guidewire’s vision and enhance industry mindshare.

• Clients have expressed their appreciation for PwC’s extensive domain knowledge and strong technical expertise around Guidewire Cloud implementations and a collaborative approach to strengthen relationships.’

“Global Premier partnership status, multiple success proof points of driving successful Guidewire Cloud implementations, and continued investments in certifications as well as upskilling/reskilling programs have helped PwC bolster its credentials in the Guidewire services market," says Aaditya Jain, Vice President at Everest Group. "Proactive measures to refine market messaging and joint engineering initiatives to align with Guidewire’s vision, combined with strong recognition from clients on domain depth, have helped PwC in being featured as a Leader and Star Performer in Everest Group’s Guidewire Services PEAK Matrix® Assessment 2024.”

Imran Ilyas, Partner, Global Guidewire Leader, PwC US, said, "I am extremely proud to announce that PwC has again been recognized as the Leading Star Performer in the Everest Group Guidewire Services PEAK Matrix assessment for 2024. This achievement is a testament to PwC's dedication and commitment to providing exceptional Guidewire services to our clients. We continuously strive to deliver impactful business outcomes by leveraging our experience as the longest tenured partner in the Guidewire ecosystem, while staying at the forefront of innovation in the industry. Congratulations to our more than 3,500 Guidewire professionals around the globe for this powerful accomplishment.”

Click here to read the report