The new program identifies innovative companies within the P&C industry
Bindable is pleased to announce the company has joined Guidewire’s Insurtech Vanguards Program, a trailblazing new initiative led by property and casualty (P&C) cloud platform provider, Guidewire (NYSE: GWRE), to help insurers learn about the newest InsurTechs and how to best leverage them.
“Guidewire has long been a leader in the InsurTech community, driving innovation and constantly evolving to meet their customers’ needs,” said Bill Suneson, chief executive officer of Bindable. “We are excited to work with Guidewire as part of their Insurtech Vanguards Program to help every organization, from new ventures to the largest carriers, optimize their involvement in the insurance value chain.”
Insurtech Vanguards is a community of select startups and technology providers focused on the success of mutual customers and prospects in the insurance industry. As part of the program, Guidewire provides strategic guidance to and advocates for the participating InsurTechs, while also bringing them to the attention of Guidewire’s P&C customers. Through the program, members will also regularly contribute to various Guidewire-produced and hosted marketing activities and content to share with a broader audience their insights and best practices for innovation.
“Bindable is a prime example of the types of organizations that make the Insurtech Vanguards Program so valuable,” said Laura Drabik, chief evangelist at Guidewire. “Bindable’s alternative distribution solutions are exactly the type of offerings that our community of insurers is currently looking to implement in order to enhance and expand their reach. Through Bindable’s participation in the program, we can now provide extra value to our customers by educating them about their unique digital distribution capabilities, while providing Bindable with access to Guidewire’s breadth of knowledge and experience.”
Bindable empowers alternative distribution channels by providing a digital marketplace, a full suite of agency services, and flexible, market-ready solutions that connect insurance providers, trusted brands, and consumers. Through Bindable’s product distribution platform, partners can provide their customers with access to diverse coverage through a comprehensive auto and home insurance digital choice solution and a full suite of ancillary products, including renters, pet, and travel insurance to supplement existing coverage plans.