nettle Joins Guidewire Insurtech Vanguards Program

Nettle has officially joined the Guidewire InsurTech Vanguards program,  a move that highlights its growing presence in the insurance technology. This strategic partnership lets Nettle connect with Guidewire’s global network of cutting-edge InsurTech innovators. As a participant, Nettle gets more exposure and access to top-notch industry knowledge. The Nettle Guidewire InsurTech Vanguards partnership shows that both companies want to speed up the digital transformation of the insurance industry and help customers with emerging solutions.

nettle, an innovative AI-powered risk assessment and report generation solution for commercial insurers, has announced that the company has joined Guidewire’s Insurtech Vanguards program, an 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.

“We’re excited to partner with Guidewire and join the Insurtech Vanguards program. At nettle, our mission is to modernise risk assessment. Already, commercial insurers using nettle’s AI tooling are seeing up to five times gains in productivity. With as many as 40% of risk engineers set to retire within the next 5 years, Guidewire’s P&C ecosystem expands access to nettle precisely when the industry needs it most,” said Jack Miller, co-founder and CEO of nettle

Insurtech Vanguards is a community of select startups and technology providers that are bringing novel solutions to the P&C industry. 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.

“nettle exemplifies the next wave of insurtech innovation. Their use of AI to eliminate bottlenecks in risk assessment is not only timely – it’s transformational. We’re excited to welcome them to the Insurtech Vanguard program,” said Laura Drabik, Chief Evangelist of Guidewire.

nettle allows risk engineering and underwriting teams to:

• Instantly enrich client data from underwriting systems with tailored insights from NatCat, web, standards, loss history, and more
• Analyse images, voice notes, and documents collected on-site via an intuitive mobile app
• Automatically complete inspection surveys, risk scoring, and recommendations using nettle’s bespoke AI, generating comprehensive risk reports in one click
• Analyse risk reports in any language and format to extract key insights in seconds

By participating in the Nettle Guidewire InsurTech Vanguards initiative, Nettle aims to accelerate insurance digitalization and enhance industry connectivity.

By participating in the Nettle Guidewire InsurTech Vanguards program, Nettle’s goal is to speed up the digitalisation of insurance and improve connectivity in the industry.