Guidewire Software Inc Stock Price, News & Analysis

Guidewire (NYSE: GWRE) has received the "Embedded Analytics Solution of the Year" award for its Guidewire Predict application at the 2025 Data Breakthrough Awards. The ML application helps P&C insurers make smarter decisions on risk selection, pricing, and claims.

Guidewire Predict functions as a Bring Your Own Model (BYOM) solution, supporting models built in R, Python, SAS, and other frameworks. The platform simplifies the deployment, embedding, and monitoring of predictive models within core systems, enabling insurers to act on data-driven insights in real-time and quickly respond to market changes.

Guidewire (NYSE: GWRE) has released its 2025 European Insurance Consumer Survey, revealing significant shifts in UK insurance customer attitudes. The study shows a 30% positive opinion of insurers, up 11% from 2024, despite ongoing cost-of-living concerns. Key findings include:

- 70% of customers want proactive services from insurers - Phone remains the preferred contact method (56%, down from 66%) - Mobile app usage increasing (26% interested) - 45% comfortable with embedded insurance from brands like Tesla, IKEA - 35% view insurance as an exciting industry to work in - 79% of potential policy switchers cite cost-of-living concerns

The survey emphasizes the need for insurers to adapt to changing customer demands while maintaining personalization and proactive service approaches.

Guidewire (GWRE) announced that Mitsui Direct General Insurance has chosen to migrate to Guidewire ClaimCenter on Guidewire Cloud Platform, marking the first cloud migration of ClaimCenter in Japan. The implementation aims to streamline IT operations, enhance market responsiveness, and improve customer service for the direct-channel non-life insurance company.

As a member of the MS&AD Insurance Group, Mitsui Direct's migration to Guidewire's cloud platform represents a strategic move to drive operational efficiency and provide enhanced digital experiences. Guidewire's Senior VP for Asia-Pacific expressed commitment to support Mitsui Direct throughout the migration process, leveraging their global implementation experience.

Beneva, Canada's largest mutual insurance company, has successfully deployed Guidewire's (NYSE: GWRE) PolicyCenter and BillingCenter on Guidewire Cloud Platform to enhance its underwriting, policy administration, and billing operations. The migration began with personal lines of business, with commercial and brokerage-based businesses to follow. This deployment follows the 2023 migration of ClaimCenter, making Beneva a full Guidewire InsuranceSuite customer on the cloud platform.

The implementation, led by Deloitte, was completed on time and on budget. Beneva's SaaS-first approach aims to reduce risk and ensure immediate access to new features through quarterly platform updates. The company will leverage advanced features like Autopilot Workflow Service, Data Studio, Explore, and Jutro Digital Platform, which are exclusively available on Guidewire Cloud Platform.

Guidewire (NYSE: GWRE) has released updated spring weather and climate risk assessments through HazardHub, revealing escalating property vulnerabilities across the United States. The analysis shows that 4.8 million housing units (3.4% of all homes) are in high or very high-risk tornado zones.

Key findings include: The U.S. recorded 1,796 tornadoes in 2024, the second-highest year on record. Mississippi (115/year), Texas (96/year), and Alabama (90/year) top the list for tornado frequency. Severe Convective Storms caused record $65 billion in insured losses in 2023, with hail as the primary factor. 99.72% of U.S. housing units have some hail risk.

Flooding remains the most costly natural disaster, with 90% of natural disasters involving flooding and 75% of presidential disaster declarations being flood-related. Despite this, only 4% of U.S. homeowners carry flood insurance. Texas, Louisiana, and California face the highest riverine flood loss potential, while New Jersey, New York, and Virginia are most vulnerable to coastal flooding.

Guidewire has announced a $60 million investment over the next five years to expand operations in Japan and enhance its insurance platform capabilities. The company, operating in Japan since 2008, currently processes over 60% of Japan's insurance gross written premium through its ClaimCenter platform, serving more than 10 Japanese insurers.

The investment will focus on enhancing PolicyCenter and BillingCenter products with new features including policy change reversals, proration, and effective time, along with localized Japanese language support. Future developments include pre-built integrations for personal auto (mid-2026) and expanded features for homeowner, earthquake, and commercial group policies (2027).

The initiative aims to help Japanese insurers drive profitable growth, increase business agility, ensure regulatory compliance, and support cloud migration. Guidewire plans to grow its local team to meet rising demand for cloud-based core systems in the Japanese market.

Guidewire (NYSE: GWRE) announced significant milestones in its PartnerConnect ecosystem, with consulting partners surpassing 250 specializations. The company introduced two new Digital specializations: Jutro Digital Platform and EnterpriseEngage, designed to enhance customer success in digital transformation.

The Guidewire Marketplace, the largest integration ecosystem in P&C insurance, now features over 250 partner integrations. Nine new Technology partners joined at the Growth level, including Appulate, CSIO, CorVel , and others. Five Consulting partners achieved six new specializations, bringing the total to 257 specializations across 27 PartnerConnect Consulting partners. InvoiceCloud was promoted to Premier tier status.

Guidewire (NYSE: GWRE) has announced its latest release, Mammoth, set to launch on April 2, 2025. The update focuses on enhancing insurance operations through automated policy management, streamlined claims processing, and improved customer experience.

Key features include:

• Autopilot Workflow Service for PolicyCenter to reduce manual intervention
• Personal Auto Glass claim processing template
• Seasonal Coverage in PolicyCenter for flexible policyholder payments
• Enhanced analytics integration with Data Studio for Predict
• InsuranceNow ISO Rating as a Service for Commercial Property
• New Jutro templates for Workers' Compensation and Commercial Auto FNOL
• Integrated claims payment and recovery with BillingCenter

HDI Global Insurance Company (HGIC), the U.S. subsidiary of HDI Global SE, has selected Guidewire PolicyCenter on Guidewire Cloud as its new system for policy administration and underwriting. The implementation will begin with general liability, led by Ernst & Young LLP.

HGIC Chief Underwriting Officer Marco Hensel expects PolicyCenter to positively impact their combined ratio through improved underwriting and increased efficiencies. Chief Information and Transformation Officer Kashif Syed emphasized that this partnership aligns with HDI's strategic vision for market leadership through innovative solutions.

The selection was based on Guidewire's modern platform capabilities, market leadership, cloud maturity, and successful implementation track record. The cloud-based solution will enable HGIC to streamline policy management processes while Guidewire handles system maintenance.