Guidewire (NYSE: GWRE) and Arbitration Forums, Inc. (AF) announced that AF’s new Ready for Guidewire validated integration is now available in the Guidewire Marketplace to ClaimCenter users on Guidewire Cloud.

Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter ended October 31, 2024.

Guidewire (NYSE: GWRE) announced that it will release its financial results for the fiscal quarter ended October 31, 2024 after market close on Thursday, December 5, 2024. On that day, management will host an audio webcast at 2:00 p.m. PT (5:00 p.m. ET) to review and discuss the Company’s results for the first quarter fiscal year 2025. The live audio webcast will be accessible to the public through the Investor Relations website at https://ir.guidewire.com/. A replay of the event will be available two hours after the conclusion of the live event and archived for a period of three months.

Shelter Insurance® (Shelter), a property and casualty (P&C) insurance company offering insurance sold by agents in 21 states, and Guidewire (NYSE: GWRE) announced that Shelter selected Guidewire InsuranceSuite to power the company’s core business, simplify its IT operations and help deliver additional value to agents, policyholders and employees. The selection and implementation of Guidewire is a key component of Shelter’s Monarch business transformation. The Monarch transformation will focus on improving and expanding Shelter’s capabilities to enable Shelter’s continued success in the market. Guidewire PartnerConnect Consulting Global Strategic member PwC has been selected to lead the implementation project.

CONNECTIONS CONFERENCE – Guidewire (NYSE: GWRE) revealed the recipients of its annual customer and partner awards, including the Partner Excellence Awards recognizing partners in the Guidewire PartnerConnect program. The awards also recognize Guidewire Insurtech Vanguard global pitch day winners*, the customer All-Star** Class of 2024, and Guidewire’s esteemed Innovation Awards***. The awards showcased the year's most innovative achievements celebrating Agility in Action, with more than 2,800 Guidewire customers and partners in attendance.

CONNECTIONS CONFERENCE – Guidewire (NYSE: GWRE) congratulates the winners of its 2024 Innovation Awards: Alberta Motor Association, Ascot Group, and Mountain West Farm Bureau and its subsidiary 360 Insurance Company. This year’s awards honor Guidewire customers that are adapting to an accelerating pace of industry change and evolving customer needs in innovative ways. Winners were announced during Connections, Guidewire’s annual customer conference.

CONNECTIONS CONFERENCE – Guidewire (NYSE: GWRE) will showcase its commitment to improving risk selection and pricing, indemnity management, and claims efficiency in property and casualty insurance at its annual customer conference, Connections. The event will unveil future underwriting and claims application capabilities enhanced by AI, introduce Claims Intel*, a Guidewire Industry Intel product, and announce Las Leñas, Guidewire’s latest release. Connections keynote sessions will be livestreamed and available on-demand. To view the livestream, visit the Connections website.

The Workplace Safety and Insurance Board (WSIB), a leading workplace compensation board in Ontario, and Guidewire (NYSE: GWRE) announced that the WSIB successfully deployed Guidewire PolicyCenter and Guidewire BillingCenter on Guidewire Cloud to power and simplify the company’s underwriting, policy administration, billing management, and IT operations, adapt more quickly to changing market demands, and deliver more value to its policyholders. The agency migrated its existing on-premises PolicyCenter and BillingCenter installations onto Guidewire Cloud. Guidewire PartnerConnect Consulting Select member Wipro led the implementation project.

Guidewire (NYSE: GWRE) announced that it ranked number 24 out of 150 in the 2024 IDC FinTech Rankings by IDC Financial Insights. Guidewire is the only P&C insurance industry platform provider ranked in the top 25. This is its fourth consecutive appearance on the annual list.

Guidewire (NYSE: GWRE) announced Shift Technology as its strategic partner for insurance-based decisioning solutions. Shift’s products enable artificial intelligence (AI) powered fraud detection and investigation, underwriting risk detection, and subrogation detection. The expanded partnership will deliver a joint solution that will enable the rapid integration of Shift’s fraud detection technology with Guidewire’s solutions, improving efficiency and claims handler productivity.

Guidewire (NYSE: GWRE) and GhostDraft announced that the new Built by Guidewire GhostDraft integrations are now available in the Guidewire Marketplace to BillingCenter, ClaimCenter, and PolicyCenter users on Guidewire Cloud.

Accident Compensation Corporation (ACC), the Crown Entity set up under the Accident Compensation Act 2001 (the AC Act) to deliver New Zealand’s accident insurance scheme, and Guidewire (NYSE: GWRE) announced that ACC will migrate Guidewire PolicyCenter and Guidewire BillingCenter onto Guidewire Cloud to its workers’ compensation line of business simultaneously. The company originally implemented PolicyCenter and BillingCenter in an on-premises mode. Guidewire PartnerConnect Consulting Global Premier member Tenzing is a key partner in the implementation project.

Guidewire (NYSE: GWRE) unveiled changes to its PartnerConnect program and new technology innovations, enabling insurers to transform their systems, better serve customers, and accelerate growth.

Guidewire (NYSE: GWRE) today announced that Guidewire (InsuranceSuite) has been recognized as a Leader in the 2024 Gartner Magic Quadrant for SaaS P&C Core Platforms, North America. Guidewire (InsuranceSuite) was positioned highest on the ability to execute and furthest on completeness of vision axes.

Guidewire Software, Inc. (NYSE: GWRE) today announced the pricing of its offering of $600.0 million aggregate principal amount of 1.25% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $500.0 million aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on October 18, 2024, subject to customary closing conditions. Guidewire also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $90.0 million aggregate principal amount of notes.

Guidewire Software, Inc. (NYSE: GWRE) today announced its intention to offer, subject to market and other conditions, $500.0 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Guidewire also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $75.0 million aggregate principal amount of notes.

Guidewire (NYSE: GWRE) announced that Norima Consulting, a leader in technology, modernization, and client services, has joined Guidewire PartnerConnect as a Consulting alliance partner at the Select level serving insurance companies in North America.

Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that it will host a live webcast of its Analyst and Investor Meeting on Thursday, October 10, 2024. The event will feature updates by Guidewire executives on the company’s corporate and product strategy, customer momentum, and financials.

Guidewire (NYSE: GWRE) today announced that it appointed Mark Anquillare to its Board of Directors effective September 23, 2024.

Guidewire (NYSE: GWRE) announced that it is the first insurance technology company to sponsor the global Dive In Festival taking place September 23 - 26, 2024. In its 10th year, the Dive In Festival is the preeminent diversity and inclusion event in the insurance industry. More than 130 hybrid events will take place across a record breaking 48 countries, allowing participants worldwide to engage in real time. The 2024 theme, ‘A Sustainable Future: The Next 10 Years,’ focuses on cultivating inclusive cultures that drive innovation and address global challenges, particularly within the insurance industry.

Small and mid-cap technology stocks are on track to move higher in 2025 as the AI focus shifts from infrastructure to services.

PARIS and LONDON and NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm investing in software scale-ups, with participation from Partners Group, one of the largest firms in the global private markets industry acting on behalf of its clients, and historical investor Guidewire Software, Inc. (NYSE:GWRE). The new funding will significantly bolster Akur8’s ability to expand its product portfolio and fuel its growth in key global markets.

Guidewire (NYSE: GWRE) announced the availability of critical data and maps detailing hurricane risk at the national, state, and local levels in the United States. This service leverages HazardHub’s more than 1,000 data points and risk scores for climate risks and extreme weather events.

The fear of an economic recession has been ever prevalent for years. Investors constantly wonder how to protect their portfolios in the event of a recession.

Guidewire is on track to double the expected industry growth as insurers lean into its AI-automation services. Analysts raise targets and see 20% upside.