Guidwire ClaimCenter Receives High Marks in Celent's Core Claims Systems Vendors Report 2008

SAN MATEO, Calif., March 3, 2009:

Guidewire Software®, a leading global provider of solutions to property and casualty insurers, today announced that Guidewire’s ClaimCenter solution has been recognized as a market leader by industry analyst firm, Celent, in the firm’s report: Core Claims System Vendors 2008. In the report, Celent provided a detailed profile of 21 core property/casualty claims systems from 19 vendors. A copy of the Guidewire profile is available online at www.guidewire.com.

“Guidewire ClaimCenter®, in a matter of a few years, has become a market leader in terms of US and global growth,” said Donald Light, senior analyst in Celent’s insurance group and author of Celent’s Core Claims Systems Vendors 2008.

Mr. Light also commented that ClaimCenter users reported high levels of satisfaction with basic and enhanced system functionality and with ClaimCenter’s ability to integrate with internal and external systems. References also reported a positive implementation experience with ‘very good’ to ‘best’ rankings for on-time and on-budget performance, as well as overall project success.   

“We appreciate Celent’s recognition of Guidewire ClaimCenter® as a market leader,” said John Raguin, chief executive officer, Guidewire Software. “The Guidewire team is very proud of what ClaimCenter is helping our customers achieve and we thank them for helping us to continually improve the product.”     

About Celent's Core Claims Systems Vendors 2008 Report

This report features Celent’s ABCD Vendor View.  The ABCD Vendor View presents a comparative view of the claims system vendor marketplace that visually represents four elements: Advanced technology and technical flexibility, Breadth of functionality, Customer base, and Depth of client services and solutions.  This report also describes how replacing a legacy claim system with a modern one provides benefits that align with three key corporate strategies: growth, efficiency, and underwriting success. 

 Members of Celent’s Property/Casualty Insurance research service can download the full report electronically from www.celent.com. Non-members should contact info@celent.com for more information. An abstract of the report is available online at http://www.celent.com/reports/core-claims-systems-vendors-2008

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.