Guidewire Deepens Relationship with Shift Technology, Naming Shift its Strategic Partner to Help Mitigate Insurance Fraud
Guidewire (NYSE: GWRE) has announced an expanded strategic partnership with Shift Technology for insurance-based decisioning solutions. The collaboration will integrate Shift's AI-powered fraud detection technology with Guidewire's solutions to enhance efficiency and claims handler productivity.
Shift Technology, a PartnerConnect Technology Premier partner, specializes in AI-driven decisioning for insurance, serving over 115 insurance customers across 25 countries. The company has been pioneering AI-powered fraud detection since 2014 and adopted large language models and generative AI in 2020. Guidewire's investment in Shift's Series D financing supports ongoing technological innovation and market expansion.
Guidewire (NYSE: GWRE) ha annunciato un'ampia partnership strategica con Shift Technology per soluzioni decisionali basate sull'assicurazione. La collaborazione integrerà la tecnologia di rilevamento delle frodi basata sull'AI di Shift con le soluzioni di Guidewire, migliorando l'efficienza e la produttività degli operatori delle richieste.
Shift Technology, partner Premier di PartnerConnect, si specializza in decisioni guidate dall'AI per l'assicurazione, servendo oltre 115 clienti assicurativi in 25 paesi. L'azienda è stata pioniera nel rilevamento delle frodi basato sull'AI dal 2014 e ha adottato modelli di linguaggio di grandi dimensioni e AI generativa nel 2020. L'investimento di Guidewire nel finanziamento Series D di Shift supporta l'innovazione tecnologica continua e l'espansione del mercato.
Guidewire (NYSE: GWRE) ha anunciado una asociación estratégica ampliada con Shift Technology para soluciones de toma de decisiones basadas en seguros. La colaboración integrará la tecnología de detección de fraudes impulsada por IA de Shift con las soluciones de Guidewire para mejorar la eficiencia y la productividad de los gestionadores de reclamaciones.
Shift Technology, un socio Premier de PartnerConnect, se especializa en la toma de decisiones impulsada por IA para seguros, sirviendo a más de 115 clientes aseguradores en 25 países. La empresa ha sido pionera en la detección de fraudes impulsada por IA desde 2014 y adoptó modelos de lenguaje de gran tamaño y IA generativa en 2020. La inversión de Guidewire en la financiación de la Serie D de Shift apoya la innovación tecnológica continua y la expansión del mercado.
가이드와이어 (NYSE: GWRE)는 시프트 테크놀로지와 보험 기반의 의사결정 솔루션을 위한 확장된 전략적 파트너십을 발표했습니다. 이 협력은 시프트의 AI 기반 사기 탐지 기술을 가이드와이어의 솔루션과 통합하여 효율성과 클레임 처리자의 생산성을 향상시킬 것입니다.
파트너커넥트의 프리미어 파트너인 시프트 테크놀로지는 25개국에 걸쳐 115개 이상의 보험 고객을 대며 보험을 위한 AI 주도 의사결정 전문 기업입니다. 이 회사는 2014년부터 AI 기반 사기 탐지의 선구자로 활동해 왔으며, 2020년에는 대형 언어 모델과 생성적 AI를 도입했습니다. 가이드와이어의 시프트 시리즈 D 자금 조달 투자로 지속적인 기술 혁신과 시장 확장을 지원합니다.
Guidewire (NYSE: GWRE) a annoncé un partenariat stratégique élargi avec Shift Technology pour des solutions de décision basées sur l'assurance. La collaboration intégrera la technologie de détection de fraude alimentée par l'IA de Shift avec les solutions de Guidewire, afin d'améliorer l'efficacité et la productivité des gestionnaires de sinistres.
Shift Technology, partenaire Premier de PartnerConnect, se spécialise dans la prise de décision pilotée par l'IA pour l'assurance, servant plus de 115 clients dans 25 pays. L'entreprise est pionnière dans la détection de fraude alimentée par l'IA depuis 2014 et a adopté des modèles de langage à grande échelle et de l'IA générative en 2020. L'investissement de Guidewire dans le financement de la série D de Shift soutient l'innovation technologique continue et l'expansion du marché.
Guidewire (NYSE: GWRE) hat eine erweiterte strategische Partnerschaft mit Shift Technology für versicherungsbasierte Entscheidungslösungen angekündigt. Die Zusammenarbeit wird die KI-gestützte Betrugsbekämpfungstechnologie von Shift mit den Lösungen von Guidewire integrieren, um die Effizienz und Produktivität der Sachbearbeiter zu verbessern.
Shift Technology, ein Premier-Partner von PartnerConnect, spezialisiert sich auf KI-gesteuerte Entscheidungsprozesse für Versicherungen und bedient über 115 Versicherungsunternehmen in 25 Ländern. Das Unternehmen ist seit 2014 Pionier im Bereich der KI-gestützten Betrugserkennung und hat 2020 große Sprachmodelle und generative KI eingeführt. Guidwire's Investition in Shifts Series-D-Finanzierung unterstützt die fortlaufende technologische Innovation und Markterweiterung.
- Strategic partnership expansion enhances fraud detection capabilities
- Integration aims to improve operational efficiency and claims handler productivity
- Shift's established presence with 115 insurance customers across 25 countries demonstrates market validation
- Guidewire's investment in Shift's Series D financing supports technological innovation
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Insights
The strategic partnership between Guidewire and Shift Technology represents a significant advancement in insurance technology integration. The collaboration leverages Shift's proven AI-powered fraud detection capabilities with Guidewire's established insurance solutions platform, creating a more robust offering for the
The partnership's value proposition lies in three key areas:
- Enhanced fraud detection efficiency through AI and large language models
- Improved claims handler productivity via streamlined integration
- Expanded market reach across 25 countries with 115 insurance customers
Guidewire's earlier investment in Shift's Series D funding and the deepened partnership signals strong confidence in Shift's technology and market position. The cloud-based integration capability and development of Guidewire Autopilot Workflow Service demonstrate a clear technological roadmap that could drive significant operational efficiencies for insurance providers.
A PartnerConnect Technology Premier partner and leader in AI-driven decisioning for the insurance industry, Shift delivers solutions to insurers that help automate and optimize critical insurance decisions. Shift has been a pioneer of AI-powered fraud detection since its establishment in 2014 and was an early adopter of large language models and generative AI in 2020, making it a leading-edge fraud detection solution provider for insurers.
“We are honored that Guidewire has expanded the scope of our successful partnership,” said Drew Whitmore, Global Head of Partnerships, Shift Technology. “In deepening our relationship, we can continue to meet the evolving needs of insurers around the world and improve the claims process through the integration of two of the P&C insurance industry’s leading solutions.”
Named a ‘Luminary’ by Celent for Insurance Fraud-Detection Solutions in 2024, with the trust of over 115 insurance customers across 25 countries and a
“Shift offers a robust suite of fraud-detection solutions across key insurance functions and important data science and AI expertise,” said Will Murphy, Vice President, Global Technology Alliances, Guidewire. “Over the past five years of collaboration between Guidewire and Shift, Shift was among the first to develop a cloud-based integration and has been an influential resource as we develop the fraud module for Guidewire Autopilot Workflow Service. We are pleased to enhance our partnership by offering an easily deployed Shift integration for our cloud customers.”
Shift is a Guidewire Connections 2024 Silver level sponsor. For more information on its technology, Guidewire integrations, and the Guidewire/Shift partnership, please visit Shift’s booth PD S3 at Connections or the Guidewire Marketplace.
About Shift Technology
Shift Technology delivers AI-powered decisioning solutions to benefit the global insurance industry and its customers. Our products enable the world’s leading insurers to improve combined ratios by optimizing and automating critical decisions across the policy lifecycle. Shift solutions help mitigate fraud and risk, increase operational efficiency, and deliver superior customer experiences. Learn more at www.shift-technology.com.
About Guidewire PartnerConnect ecosystem and Ready for Guidewire
Guidewire’s technology ecosystem is the largest in the P&C industry, with over 210 technology partners providing over 250 integrations in the Guidewire Marketplace. Guidewire PartnerConnect Technology partners provide software, technology, and data solutions as well as insurance support services. Our Technology partners help drive business value and innovation for insurers by developing and delivering integrations, extensions, apps, and other complementary solutions for Guidewire products. All of our Ready for Guidewire partner solutions are validated for security, quality, and compatibility with Guidewire, and can be found on the Guidewire Marketplace.
For more information about Guidewire PartnerConnect, please visit http://www.guidewire.com/partners.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.
We are proud of our unparalleled implementation track record, with 1,700+ successful projects supported by the industry’s largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241112235016/en/
Melissa
Senior Public Relations Manager
Guidewire Software, Inc.
+1.650.464.1177
mcobb@guidewire.com
Rob Morton
Corporate Communications
Shift Technology
+1.617.416.9216
rob.morton@shift-technology.com
Source: Guidewire Software
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