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Guidewire Software Wins Celent XCelent Award for ‘Breadth of Functionality’ in Policy Administration



  Guidewire Software Wins Celent XCelent Award for ‘Breadth of Functionality’
  in Policy Administration

 Celent report recognizes Guidewire PolicyCenter® with top honors for Breadth
        of Functionality in Personal, Commercial, and Specialty lines

Business Wire

FOSTER CITY, Calif. -- January 30, 2014

Guidewire Software®, a provider of software products to Property/Casualty
insurers, today announced that it has been named the winner of the 2013
XCelent Awards for Breadth of Functionality in Celent’s North American Policy
Administration Systems 2013 Personal, Commercial, and Specialty ABCD Vendor
View^1 report.

The XCelent Awards are based on Celent’s ABCD Vendor View, a framework used
for evaluating technology solutions. Vendor scores were determined through
RFIs, customer reference surveys and interviews which provided quantitative as
well as qualitative data. An excerpt from the report can be viewed here.

“The effort Guidewire has put into PolicyCenter’s usability and
configurability is evident,” said Donald Light, Senior Analyst in Celent’s
insurance practice and co-author of the report. “In the past two years,
PolicyCenter has seen a high level of market acceptance among all sizes of
insurers, and across global regions. PolicyCenter, together with ClaimCenter
and BillingCenter, offers insurers a good option for a fully integrated core
systems suite.”

Guidewire’s Vice President of Marketing, Brian Desmond, thanked Celent for the
recognition. “We’re proud of the momentum we have had thus far with our
PolicyCenter product and appreciate receiving this recognition from Celent, a
well-respected P&C Insurance analyst firm.”

Desmond added, “It is humbling to us that our customers assigned exceptional
ratings in all categories via the client feedback survey and that the
functionality we have worked very hard to build into PolicyCenter has been so
favorably received.”

Guidewire PolicyCenter^® is a flexible underwriting and policy administration
system that enables Property/Casualty insurers to grow their business
profitably by improving efficiency, while responding with agility to market
opportunities and enhancing relationships with brokers and customers. Designed
to support personal, commercial and specialty lines, PolicyCenter helps
insurers streamline front and back office processes, from new business
submission and quoting through policy renewals. PolicyCenter is available as a
standalone system or as part of Guidewire InsuranceSuite™, and can be
integrated to an insurer’s existing systems and third party applications.

About Guidewire Software

Guidewire builds software products that help Property/Casualty insurers
replace their legacy core systems and transform their business. Designed to be
flexible and scalable, Guidewire products enable insurers to deliver excellent
service, increase market share and lower operating costs. Guidewire
InsuranceSuite™ provides the core systems used by insurers as operational
systems of record. Additional products provide support for data management,
business intelligence, anytime/anywhere access, and guidance and monitoring.
More than 150 Property/Casualty insurers around the world have selected
Guidewire. For more information, please visit www.guidewire.com. Follow us on
twitter: @Guidewire_PandC.

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.

^1 North American Policy Administration Systems 2013 – Personal, Commercial,
and Specialty ABCD Vendor View, Celent, Mike Fitzgerald and Donald Light,
November, 2013.

Contact:

Guidewire Software, Inc.
Diana Stott, +1 650-356 4941
Director, Communications
dstott@guidewire.com
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