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Nov 29, 2006 at 10:34 AM EST

CNA Streamlines Underwriting Process with Guidewire PolicyCenter

Guidewire's Policy System to Enhance Producer Relationships and Underwriting Accuracy

SAN MATEO, Calif., November 29, 2006:

Guidewire Software®, a leading provider of technology solutions to property and casualty and workers' compensation insurers, today announced that CNA, a leading provider of property and casualty insurance, has begun deployment of Guidewire PolicyCenter® to support its core underwriting process.

Guidewire PolicyCenter provides system-to-system integration between the company and agents, applies rule-based business logic to risk evaluation, and provides underwriters a unified desktop to manage and monitor the underwriting process effectively. PolicyCenter also enables integration of processes and information between underwriting and claims.

"PolicyCenter is a key enabler of our efforts to deepen our agency relationships and to enhance the accuracy and efficiency of our underwriting operations," said John Golden, chief information officer, CNA.

Guidewire PolicyCenter supports the end-to-end underwriting and policy administration process, including new policy applications, renewals, changes, cancellations, and reinstatements. Independent agents will use PolicyCenter to enter new submissions and review status for their customers, aided by integration to existing agency management systems.

"CNA is a leading business insurer and a pioneer in using technology to deliver improved business results," said Jeff Simpson, chief executive officer, Guidewire Software. "Working with CNA has helped make us a better company, and we look forward to continuing our relationship for many years to come."

About CNA

CNA is the country's seventh largest commercial insurance writer and the 14th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control, and claims administration. For more information, please visit CNA at www.cna.com. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation.

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.