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Apr 14, 2009 at 2:41 PM EDT

Guidewire Software and AgencyPort Form Alliance to Support Superior Ease of Doing Business

Agent-friendly upload and real-time support introduced for Guidewire PolicyCenter customers

BOSTON, Mass. and SAN MATEO, Calif., April 14, 2009:

AgencyPort Insurance Services, a leading provider of web-based property and casualty solutions and Guidewire Software®, a leading global provider of web-based core system solutions to property/casualty insurers, today announced they have formed an alliance to enable carriers to deliver superior ease of doing business for independent agency distribution partners.

This alliance will provide Guidewire PolicyCenter® customers with agent friendly real-time, application upload and transaction capabilities via AgencyPort’s AgencyConnect and AgencyPortal products. This will make real-time quoting from an agency management system more efficient and user friendly, with defaults, corrections and streamlined interviews to bridge gaps between the agency system and the insurer’s specific data requirements configured in PolicyCenter.

“Smart insurers continually look for ways to enhance their agent relationships by focusing on agents’ desire for improved ease of doing business with a carrier,” said Chad Hersh, principal analyst, Novarica. “Combining the modern portal solution, agency connectivity options, automated underwriting, and real-time policy administration capabilities that a combined AgencyPort/Guidewire solution provides would represent a dramatic improvement in most carriers’ ease of doing business initiatives.”

“In a market where carriers are strategically trying to differentiate how they transact business with agents, AgencyPort has demonstrated the unique ability to bridge the gap between agency systems and carriers’ underwriting/policy admin systems,” said Don Chase, Senior Vice President of Business Development, AgencyPort. “Through our alliance with Guidewire, PolicyCenter customers can now leverage agent friendly real-time transaction support and deliver the highest level of responsiveness and service associated with straight-thru-processing.”

“Increasingly property & casualty insurers recognize the need for real-time communications and transactions with agents; this alliance is a step in that direction,” said Priscilla Hung, vice president, Alliances and Corporate Development, Guidewire Software. “Guidewire and AgencyPort share a strong commitment to providing the P&C industry with the best possible solutions based on open integration with other best-of-breed components.”

About AgencyPort

AgencyPort is the leading provider of web-based solutions designed specifically for property and casualty insurers. Our agency portal and interface products make it easy for agents to transact business, enhance the underwriting process and extend the life of carrier’s existing policy administration systems. The result is a significant increase in process efficiency for both carriers and agents. The company was founded in 2000 and is headquartered in Boston, MA. Learn more about AgencyPort online at www.agencyport.com.

About Guidewire Software

Guidewire Software is a provider of core system software to the global Property/Casualty (general) 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 San Mateo, California, with offices in Beijing, Dublin, Hong Kong, London, Munich, Paris, Sydney, Tokyo, and Toronto. For more information, please visit www.guidewire.com.