12 Best Innovative Stocks to Buy Now

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10. Guidewire Software Inc. (NYSE:GWRE)

Number of Hedge Fund Holders: 67

Guidewire Software Inc. (NYSE:GWRE) is one of the best innovative stocks to buy now. On September 9, LähiTapiola, which is a Finnish finance group and insurance service provider, announced that it will be implementing the Guidewire Cloud Platform to modernize its insurance operations. The move extends LähiTapiola’s long-standing relationship with Guidewire, which has provided core applications to the company since 2017.

The project involves migrating LähiTapiola’s existing Guidewire InsuranceSuite from an on-premises environment to the Guidewire Cloud Platform. InsuranceSuite consists of core applications for policy administration, billing, and claims management, enabling seamless end-to-end P&C insurance processes.

The cloud migration will benefit customers and colleagues by providing a scalable, secure, and rapidly updatable delivery model. The Guidewire Cloud Platform combines trusted and resilient infrastructure with modular and interconnected cloud services to enhance and extend core applications.

Guidewire Software Inc. (NYSE:GWRE) provides a platform for property and casualty/P&C insurers worldwide. The company offers Guidewire InsuranceSuite, such as PolicyCenter, ClaimCenter, and BillingCenter applications.

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