Gross Written Premium (GWP)
Catalog row in Vendor License Metrics · Cited
- Unit
- Premium (currency)
- Aliases
- GWP
- Definition
- Guidewire's Form 10-K names Gross Written Premium as an alternative premium basis for variable instalments under self-managed licences and subscription services. The filing does not define the term.
- Counting rules
- Variable instalments are generally subject to changes in a customer's Direct Written Premium or Gross Written Premium. Which of the two applies to a given contract, and how it is measured, is not stated in the filing.
- Floors / minimums
- No minimum published.
- Applies to products
- Guidewire InsuranceSuite
- Guidewire InsuranceNow
- Related metrics
- Product category