ICEYE Wins Guidewire’s First Ever Insurtech Vanguards Pitch Day
September 27 2022 - 07:55AM
Business Wire
Guidewire (NYSE: GWRE) announced that ICEYE has been named the
winner of its first-ever Insurtech Vanguards Pitch Day.
Insurtech Vanguards Pitch Day ’22 was sponsored by Guidewire
PartnerConnect Consulting Partner PwC. 10 members of Guidewire's
Insurtech Vanguards program, whose short video submissions received
the most votes, each made four-minute presentations highlighting
their value propositions to a live audience. The event took place
the evening of September 21 on the Chateau Rooftop at the Paris
Hotel, during ITC Las Vegas.
“This was an unprecedented opportunity not only to enjoy a
cocktail and rub elbows with industry leaders, but to get a
first-hand look at some of today’s hottest early-stage insurtechs,”
said Laura Drabik, Chief Evangelist, Guidewire. “It was a fun event
for everyone, as every guest in attendance received the chance to
cast their vote for the winning Insurtech.”
“We congratulate ICEYE on being named the winner of our
inaugural Insurtech Vanguards Pitch Day. We were extremely
impressed with the impact their technology can have on the P&C
industry,” continued Drabik. “We had a strong showing from all of
our finalists and acknowledge them for their participation and
contributions to the insurance industry.”
“We would like to thank Guidewire for this great opportunity and
everyone that voted for us,” said Stephen Lathrope, Global Head of
Insurance, ICEYE. “We are proud to address the ongoing challenge
for insurers in attaining accurate loss numbers immediately
following a flood event. Having quick access to near real-time,
accurate flood observation data enables our customers to respond
quicker to events and better size losses.”
ICEYE’s Flood Insights enables governments and insurers to gain
rapid situational awareness of any flood event globally. High
resolution flood imagery is captured via ICEYE’s proprietary
synthetic aperture radar (SAR) satellite constellation and combined
with auxiliary information, including elevation models, ground
sensors and river gauges, to generate flood extent and depth
insights within 24 hours of a flood’s peak.
Insurtech Vanguards Pitch Day ’22 finalists included: Bindable,
Charlee.ai, Clearspeed, ForMotiv, GigEasy, ICEYE, Indico Data,
MākuSafe, Quantexa, and Slipbot. These companies were shortlisted
following a public viewing and vote of their brief video pitch
submissions. In just one month, the official Insurtech Vanguards
Pitch Day voting website received over 10,000 visits.
Launched in October 2021, Guidewire’s Insurtech Vanguards is a
community of select startups and technology providers, bringing
transformative solutions to the P&C industry and making
innovation more accessible. As part of the program, Guidewire
provides strategic guidance to and advocates for the participating
insurtechs while connecting them with Guidewire’s P&C
customers. Since the program’s launch, over 40 startups are now
members offering digital solutions to insurers, ranging from claim
inspection imaging and reporting to artificial intelligence (AI)
and data analysis for fraud detection, and rapid compliance
testing. Diversity of Insurtech leadership is a huge focus for
Guidewire’s Insurtech Vanguard program, which includes many women
and minority-led Insurtechs.
To learn more about Insurtech Vanguards Pitch Day ’22, check out
the event blog.
About Guidewire
Guidewire is the platform P&C insurers trust to engage,
innovate, and grow efficiently. We combine digital, core,
analytics, and AI to deliver our platform as a cloud service.
Approximately 520 insurers in 38 countries, from new ventures to
the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable
their success. We are proud of our unparalleled implementation
track record, with 1,000+ successful projects, supported by the
largest R&D team and partner ecosystem in the industry. Our
marketplace provides hundreds of applications that accelerate
integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow
us on Twitter and LinkedIn.
NOTE: For information about Guidewire’s
trademarks, visit https://www.guidewire.com/legal-notices.
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Melissa Cobb Senior Public Relations Manager Guidewire Software,
Inc. +1.650.464.1177 mcobb@guidewire.com
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