Guidewire, Mitchell Partner to Deliver Integrated Claims Workflow and Insight

  Guidewire, Mitchell Partner to Deliver Integrated Claims Workflow and
  Insight

Leading Property/Casualty insurance software companies to help insurers create
   a state of the art claims environment for improved user and policyholder
                                  experience

Business Wire

SAN DIEGO & FOSTER CITY, Calif. -- September 3, 2013

Mitchell, and  Guidewire Software, Inc. (NYSE: GWRE), leading solution
providers to Property/Casualty (P/C) insurers, today announced their strategic
alliance to co-develop an advanced level of integration between Guidewire’s
core claims management system and Mitchell’s expert adjusting and workflow
solutions in North America. The resulting unified claims environment will help
insurers optimize claims workflow and improve decisions across the end-to-end
claims process.

Mitchell serves North American P/C insurers with claims outcome solutions for
casualty claims (injury) and auto physical damage (APD). Adjusting APD claims
requires managing repair estimates and repair shops, while casualty claims
require review of medical bills and ensuring that treatments are legitimate
and are paid at negotiated rates. Guidewire serves insurers globally with core
system software integral to the claims management lifecycle. While Mitchell’s
and Guidewire’s systems have been integrated on multiple implementations,
claims professionals must still work in these systems separately. Deeper
integration of workflow and data and the creation of a unified user interface
between Guidewire’s claims management system (Guidewire ClaimCenter®) and
Mitchell’s expert adjusting solutions will greatly simplify this process.

“This is an important announcement. A deeper integration of Guidewire’s
ClaimCenter with Mitchell’s suite of estimation and cost control solutions has
the potential to deliver significant value to insurers,” said Donald Light,
Director, Americas, Property/Casualty Practice, Celent. “Both companies’
increasing emphasis on data management, business intelligence, and analytics
also makes this an initiative to watch.”

A unified, single-system view of the claims environment will enable insurers
to:

  *Improve the efficiency and user experience of claims professionals;
  *Enhance overall service for policyholders;
  *Make better informed decisions;
  *Reduce the cost and complexity of their technology landscape; and
  *Streamline the claims workflow for more accurate, consistent, and
    cost-effective claims management.

“Our mutual customers have expressed their wish for deeper integrations
between our products and this relationship is the beginning of our commitment
to them,” said Alex Sun, president and chief executive officer, Mitchell. “I
am inspired by the potential of what our work together can mean for the
industry, as both companies share a vision to accelerate the pace of
innovation for the P/C industry. Both organizations have great respect for the
other’s accomplishments and capabilities and have spent the better part of a
year building to this point – with meaningful resources dedicated to this
powerful and unique partnership.”

“Guidewire and Mitchell see an opportunity to advance the state of the art in
claims management, to the clear benefit of both our insurer customers and
their policyholders,” said Marcus Ryu, chief executive officer, Guidewire
Software. “Our development teams are collaborating to optimize the user
experience and leverage the data exchange between our respective products.
This is new territory beyond the integration work we have undertaken to date
at individual customer implementations, and we believe it will yield improved
efficiency for adjusters, increased accuracy of claims outcomes, and better
service for policyholders.”

About Mitchell

Mitchell is uniquely positioned to simplify, enhance and accelerate claims
handling processes across the P&C industry through deep workflow solutions
that include unparalleled access to data, advanced analytics and decision
support tools. Our expert workflow and adjusting solutions advance the claims
management process by enabling automotive physical damage, bodily injury and
workers' compensation clients to process claims more accurately, consistently,
and cost-effectively.

Mitchell’s solutions provide an expert level of decision support and
connectivity within the claims organizationand with industry partners to
achieve optimal outcomes. Mitchell's comprehensive solution portfolio and
robust SaaS infrastructure enables tens of millions of electronic transactions
to be processed each month for over 300 insurance companies, including the
majority of the top 25 insurance carriers, and over 30,000 collision repair
facilities. With an expanding global footprint, Mitchell products are
currently utilized in the Americas, Europe and Asia. Mitchell is headquartered
in San Diego, California, and has 2,000 employees. For more information,
please visit www.mitchell.com.

About Guidewire Software

Guidewire Software is a provider of software products for Property/Casualty
insurers. Designed to be flexible and scalable, Guidewire products enable
insurers to deliver excellent service, increase market share, and lower
operating costs. Guidewire products include Guidewire InsuranceSuite™,
consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter® and Guidewire
BillingCenter® which span the core functional areas in insurance; Guidewire
Live^SM, a cloud-based network connecting peer insurers, core system data and
expert tools through instant on apps; Guidewire DataHub™ and Guidewire
InfoCenter™ which help insurers address their data management and business
intelligence challenges. 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.

NOTE: Guidewire, Guidewire Software, Guidewire ClaimCenter, Guidewire
PolicyCenter, Guidewire BillingCenter, Guidewire InsuranceSuite, Guidewire
PartnerConnect, Guidewire SolutionConnect, Guidewire Live, Live Inside, Before
& After, Claim Canvas, Viewpoint, 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:

Mitchell
Jennifer Forman, +1-858-368-7794
Sr. Director, Corporate Marketing
jennifer.forman@mitchell.com
or
Guidewire Software, Inc.
Diana Stott, +1-650-356-4941
Director, Communications
dstott@guidewire.com