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Oct 12, 2006 at 10:25 AM EDT

Metropolitan Reporting Bureau and Guidewire Software Announce Alliance

Joint Effort Offers Guidewire Clients a Fully-Integrated Solution for Streamlined Ordering, Tracking and Receipt of Public Safety Reports

PHILADELPHIA, Pa. and SAN MATEO, Calif., October 12, 2006:

Metropolitan Reporting Bureau, the first company to specialize in providing all types of public safety reports to the insurance industry, and Guidewire Software®, Inc., a leading provider of solutions to property and casualty and workers' compensation insurers, today announced an alliance to offer insurance carriers new opportunities for improved claim processing efficiencies and costs.

As a result of the companies' joint effort, Guidewire ClaimCenter® clients can now leverage Metropolitan Reporting Bureau's expertise and value-added services to easily order public safety reports at any point during the life of the claim. By fully integrating with ClaimCenter and automating much of the report ordering, completion, and tracking processes, insurers benefit from enhanced claims adjusting procedures, lower claim costs, and improved customer service.

Combining ClaimCenter's robust business rules and task assignment engine, with the new integrated report ordering capabilities, enables Guidewire clients to customize "report ordering" thresholds and configure a claims adjusting environment that automatically recommends (or requires) the ordering of a public safety report at pre-determined trigger points.

"We continually listen to our clients' needs when it comes to our development direction," said Priscilla Hung, vice president, Alliances at Guidewire Software, "and public safety report integration was on the top of most lists. The integration with Metropolitan Reporting Bureau allows us to better enable our clients to achieve claims excellence in the most time efficient and cost effective manner."

"We are pleased to be part of the Guidewire ecosystem," said Holden Hummel, chief operations officer at Metropolitan Reporting Bureau. "ClaimCenter is a perfect example of what a modern P&C claim system should offer. The combined expertise of our two organizations offers invaluable support to property and casualty insurers as they face the challenge of a constantly evolving claims environment."

About Metropolitan Reporting Bureau

Since 1957 Metropolitan Reporting Bureau has specialized in delivering police reports, fire reports, and public records nationwide for the insurance and fleet claims industries. Management continuity and innovation has made MRB the most dependable and flexible nationwide service provider. For more information, please visit www.metroreporting.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.