A context-based assessment of Guidewire workflow management and Pega BPM solutions
Platform modernization is currently a top priority for insurance carriers worldwide. The two critical pillars of modern digital architecture for insurance are core systems (including acquisition, policy administration, billing, and claims management) and workflow and process engines.
There are platforms that insurance vendors offer as a suite of applications. Guidewire is one such platform that provides all insurance core applications and non-core capabilities. There are also standalone best-of-breed business process management (BPM) platforms such as Pega that provide more advanced workflow capabilities compared to those of Guidewire.
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