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May 08, 2008 at 11:42 AM EDT

Guidewire Software Named Among Top Providers of Insurance Technology

Company receives recognition from the industry in Tech Decisions' and Financial Insights' "Insurer's Choice" survey

SAN MATEO, Calif., May 8, 2008:

Guidewire Software, a leading global provider of solutions to property and casualty insurers, today announced that Tech Decisions and the research firm Financial Insights, an IDC company, have named the company to the Insurer's Choice, an annual listing of the top technology vendors that serve the insurance industry. Vendors received awards based on a survey completed solely by employees of carriers. Guidewire was ranked as the top “Up and Coming Technology Firm” in the Property & Casualty portion of the survey.

“These awards reflect Guidewire’s leading presence in the U.S. property casualty insurance market and our customer success focus,” said John Raguin, chief executive officer of Guidewire Software. “We are particularly grateful for these honors as they are voted on by insurance company representatives.  Guidewire will continue its commitment to meeting the challenges of the P&C industry through innovative and well-designed software solutions delivered in a collaborative way with our customers.  We extend our thanks to Financial Insights, Tech Decisions, and especially to our customers for this recognition.”

Guidewire Software was ranked first in the ‘Up and Coming Technology Firms’ category and was also ranked as one of the top three vendors in these categories:   Keep the Business Operating; Quality Customer Care; Optimize Workflow and Overall P&C Vendor.

Raguin adds, “Guidewire is particularly honored to be recognized as an overall leading P&C vendor with two of our alliance partners, ImageRight and IBM.  We congratulate them on their awards.”

This "Voice of the Market" ranking evaluated all hardware, software, and service providers in the insurance industry, with results exclusively driven by insurance companies in the United States and Canada who ranked their experiences with insurance technology providers across several categories.  The Insurer’s Choice rankings were determined by qualified users of technology applications through a large sampling of insurance technology users via an online survey and subsequent analysis by Financial Insights, an IDC company.

For more information about the rankings, visit – http://www.idc-fi.com/services/insurerschoice.jsp.

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.