Guidewire Receives Sixth Consecutive Highest Possible Rating in Gartner’s Insurance Claims Management Modules Report

  Guidewire Receives Sixth Consecutive Highest Possible Rating in Gartner’s
  Insurance Claims Management Modules Report

Business Wire

FOSTER CITY, Calif. -- April 18, 2013

Guidewire Software, Inc. (NYSE: GWRE), a provider of flexible core systems to
Property/Casualty (P/C) insurers, today announced that the company was
recognized in Gartner’s recently published, “MarketScope for North American
Property and Casualty Insurance Claims Management Modules” report.^I The
report evaluated six vendors and solutions that met Gartner’s criteria for
inclusion. Guidewire ClaimCenter® earned a “Strong Positive” rating, the
report’s highest possible rating, for the sixth consecutive year. The report
can be viewed here.

“Changing customer expectations about interactions with insurers — especially
in terms of demand for new technologies such as mobile devices and immediate
availability of policy and claims information — have placed a significant
strain on legacy claims systems and existing, often very manual procedures,”
wrote Jeff Haner, principal research analyst, Insurance, Gartner and author of
the report. “Insurers view the implementation of claims management modules as
a key investment to support improved customer service levels.”

“Guidewire is honored to once again receive such a high rating from an analyst
firm as internationally well respected as Gartner,” said Ken Branson,
director, Product Strategy and co-founder, Guidewire Software. “This year, as
we celebrate ClaimCenter’s 10^th birthday, we pause to reflect on how far the
product has come, the exciting work that lies ahead, and most importantly, we
proudly reflect on all that our customers have achieved.”

Dan Gordon, vice president, Product Management, Guidewire Software added, “Our
work is not finished. We’re excited to continue enhancing and innovating
ClaimCenter in collaboration with our customers. Ensuring that ClaimCenter
continues to help them remain competitive and profitable in a changing market
is a top priority for Guidewire. Today’s Gartner rating validates the hard
work of our engineers and the entire Guidewire team. We are most
appreciative.”

Guidewire ClaimCenter® is a leading end-to-end claims management system, built
from the ground up to meet the specific needs of today’s Property/Casualty
insurers. ClaimCenter’s flexible business rules enable claims organizations to
define, enforce, and continually refine their preferred claim handling
practices in order to optimize and monitor their claim processes. ClaimCenter
is in use by insurers of all sizes across all product lines to improve speed
and accuracy, reduce loss adjustment expense, and enable proactive management
of claims. ClaimCenter is available as a standalone system or as part of
Guidewire InsuranceSuite™, and can be integrated to an insurer’s legacy
systems or third party applications.

MarketScope Disclaimer

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select only
those vendors with the highest ratings. Gartner research publications consist
of the opinions of Gartner's research organization and should not be construed
as statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.

About Guidewire Software

Guidewire Software is a provider of core system software to the global
Property/Casualty (P/C) insurance industry. Designed to be flexible and
scalable, Guidewire solutions give insurers the capability to deliver
excellent service, increase market share and lower operating costs. Guidewire
InsuranceSuite™, consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter®
and Guidewire BillingCenter® spans the key functional areas in insurance –
underwriting and policy administration, claims management, and billing.
Guidewire is headquartered in Foster City, California, with offices in
Beijing, Dublin, Hong Kong, London, Munich, Paris, Sydney, Tokyo, Toronto and
Warsaw. For more information, please visit www.guidewire.com.

^1 Gartner MarketScope for North American Property and Casualty Insurance
Claims Management Modules, Jeff Haner, March 20, 2013; G00229216

NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, Guidewire InsuranceSuite, Guidewire
Live, Before & After, Guidewire PartnerConnect, Guidewire SolutionConnect.
Deliver Insurance Your Way, and the Guidewire logo are trademarks, service
marks, or registered trademarks of Guidewire Software, Inc. in the United
States and/or other countries.

Contact:

Guidewire Software, Inc.
Diana Stott, +1 650-356-4941
Public Relations Manager
dstott@guidewire.com
 
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