Guidewire Software

Guidewire Software, Inc. is a technology company that specializes in providing software solutions for property and casualty insurers globally. Founded in 2001 and headquartered in San Mateo, California, the company offers its flagship product, Guidewire InsuranceSuite, which includes ClaimCenter for claims management, PolicyCenter for policy administration, and BillingCenter for billing management. Additionally, Guidewire provides InsuranceNow, a cloud-based platform that integrates policy, billing, and claims management functionalities. The company also offers various specialized applications such as Underwriting Management, Rating Management, and Client Data Management, along with analytics and artificial intelligence tools to enhance decision-making and improve operational efficiency. Guidewire's solutions support essential insurance operations and are designed to meet the needs of insurers across diverse markets, with a focus on delivering digital experiences to customers and enhancing overall business performance.

Nigel Gurney

Finance Director EMEA

Shaji Sethu

Senior Vice President and General Manager

23 past transactions

Quantee

Acquisition in 2025
Quantee is a provider of ActuAI, a software-as-a-service platform tailored for the insurance and reinsurance sectors. This innovative platform leverages artificial intelligence to enhance actuarial processes, allowing companies to build and manage competitive pricing models significantly faster than traditional methods. By utilizing automated machine learning algorithms, Quantee's solution streamlines workflow, reduces operational costs, and saves substantial time for actuarial teams. Through user-friendly and flexible features, ActuAI empowers insurance companies to adapt quickly to market demands and improve their overall pricing strategies.

Pinpoint Predictive

Series A in 2024
Pinpoint Predictive is a technology company that provides property and casualty insurers with loss predictions and risk scores based solely on a customer's name and address. Its platform offers actuarial predictions related to claims frequency, severity, and loss costs, allowing insurers to enhance risk selection early in the customer journey. Additionally, the platform supplies risk scores for various purposes, including special investigation unit referrals, litigation, early cancellation, and premium leakage. By facilitating better tracking of consumers, Pinpoint Predictive enables insurance companies to tailor their product offerings more effectively.

Akur8

Series C in 2024
Akur8 is a technology company that specializes in developing an AI-driven insurance pricing and reserving platform tailored for insurance carriers. The platform employs advanced machine learning and predictive analytics to automate and optimize the pricing process, enhancing both efficiency and accuracy. By integrating cutting-edge algorithms, Akur8's solution not only accelerates the pricing workflow but also ensures transparency and control over the models used. This allows actuaries to construct predictive models rapidly and make informed decisions with greater speed, thereby providing significant competitive advantages in the insurance market.

Indico Data

Venture Round in 2024
Indico Data specializes in developing machine learning tools that automate the extraction and analysis of unstructured data, focusing on enhancing document-based workflows. The company's platform utilizes deep learning and artificial intelligence to facilitate tasks such as contract analysis, regulatory compliance, audit reporting, customer support automation, and claims analysis. By enabling businesses to process information from documents, images, and other non-standard formats, Indico Data improves the efficiency of labor-intensive workflows and allows for the automatic extraction of meaningful insights at scale, thereby assisting organizations in accessing relevant data for various applications.

Champ

Series C in 2024
CHAMPtitles, LLC, founded in 2018 and based in Cleveland, Ohio, specializes in online car titling services. The company offers the BELTED System, a marketplace that connects various stakeholders in vehicle transactions, allowing them to electronically verify their interests. By utilizing secure, patent-pending technology, CHAMPtitles replaces outdated systems for managing automobile titles in the United States. This innovation helps streamline the title issuance process, transforming it from a cumbersome administrative task into a more efficient and cost-effective operation for all parties involved in the title ecosystem.

Veruna

Series B in 2023
Veruna LLC, founded in 2015 and based in Hopkinton, Massachusetts, specializes in developing software solutions for insurance brokers and agencies. The company offers an agency management platform built on Salesforce, designed to provide customizable tools that align with the specific needs and goals of modern insurance agencies. Its software encompasses various functionalities including sales management, client management, accounting, and document management, along with capabilities for reporting and dashboard creation. Veruna also offers consultancy services, which include product customization, professional services, and operational consulting, aimed at assisting insurance brokers and agencies in enhancing their business processes. By encouraging independent agents to embrace innovative solutions, Veruna strives to facilitate growth and transformation within the insurance industry.

Akur8

Venture Round in 2023
Akur8 is a technology company that specializes in developing an AI-driven insurance pricing and reserving platform tailored for insurance carriers. The platform employs advanced machine learning and predictive analytics to automate and optimize the pricing process, enhancing both efficiency and accuracy. By integrating cutting-edge algorithms, Akur8's solution not only accelerates the pricing workflow but also ensures transparency and control over the models used. This allows actuaries to construct predictive models rapidly and make informed decisions with greater speed, thereby providing significant competitive advantages in the insurance market.

Betterview

Venture Round in 2023
Betterview is a property intelligence platform tailored for property and casualty insurers, focusing on the analysis, scoring, management, and monitoring of property risk. By utilizing geospatial data and proprietary machine learning technology, Betterview transforms complex data into clear and actionable insights. This enables insurers to identify and mitigate risks effectively, enhancing operational efficiency and transparency throughout the policy lifecycle. The platform streamlines processes such as pricing, underwriting, and renewals, allowing insurers to make informed decisions and concentrate their efforts on high-risk properties, ultimately improving the overall customer experience.

Champ

Series B in 2022
CHAMPtitles, LLC, founded in 2018 and based in Cleveland, Ohio, specializes in online car titling services. The company offers the BELTED System, a marketplace that connects various stakeholders in vehicle transactions, allowing them to electronically verify their interests. By utilizing secure, patent-pending technology, CHAMPtitles replaces outdated systems for managing automobile titles in the United States. This innovation helps streamline the title issuance process, transforming it from a cumbersome administrative task into a more efficient and cost-effective operation for all parties involved in the title ecosystem.

Friss

Series B in 2021
FRISS is dedicated to providing fraud detection, risk management, and compliance solutions specifically for non-life insurance companies globally. The company’s software employs proprietary analytics to identify high risks and fraudulent activities at various stages, including quotation, underwriting, and claims processing. By utilizing the FRISS Score, insurers can make informed decisions regarding the risk associated with each quotation, policy, or claim, ultimately leading to improved loss ratios. FRISS's solutions facilitate real-time automated risk assessment during the underwriting process, enabling insurers to generate profitable growth while maintaining a holistic view of potential clients. Additionally, the software enhances the efficiency of claims processing by accurately detecting fraud and minimizing false positives. Compliance with current regulations is another critical aspect of FRISS's offering, as it helps insurers avoid reputational damage and penalties by ensuring thorough customer screening. With over 150 implementations in more than 30 countries, FRISS is recognized as a leading player in the industry, continuously striving for global leadership in fraud, risk, and compliance solutions for the insurance sector.

Shift Technology

Series D in 2021
Shift Technology provides AI-driven decision automation and optimization solutions tailored for the global insurance industry. The company specializes in fraud detection and has developed a cloud-based platform that enhances the insurance claims process. By analyzing hundreds of millions of transactions, Shift's technology identifies potential fraud, allowing insurers to process claims more efficiently and effectively. The solutions offered by Shift aim to improve accuracy and speed in claims and policy resolutions, contributing to the overall enhancement of the insurance policy lifecycle. Shift Technology's innovations have been recognized in the industry, evidenced by receiving Frost & Sullivan’s Global Claims Solutions for Insurance Market Leadership Award in 2020.

HazardHub

Acquisition in 2021
HazardHub Inc., founded in 2016 and based in San Diego, California, specializes in providing comprehensive property-level hazard risk databases across the United States. The company focuses on aggregating and analyzing risk data related to various environmental threats, including wind, hail, tornadoes, flooding, earthquakes, and wildfires. By leveraging third-generation geospatial risk files, HazardHub transforms extensive datasets into actionable insights that enable users to assess the probability and severity of potential hazards affecting their properties. The platform aims to enhance disaster management efforts by offering hazard alerts that help communities safeguard their land and buildings from unforeseen geographical risks. HazardHub is committed to making its geographic hazard data accessible to all individuals, allowing them to understand the risks associated with their locations.

Champ

Series A in 2021
CHAMPtitles, LLC, founded in 2018 and based in Cleveland, Ohio, specializes in online car titling services. The company offers the BELTED System, a marketplace that connects various stakeholders in vehicle transactions, allowing them to electronically verify their interests. By utilizing secure, patent-pending technology, CHAMPtitles replaces outdated systems for managing automobile titles in the United States. This innovation helps streamline the title issuance process, transforming it from a cumbersome administrative task into a more efficient and cost-effective operation for all parties involved in the title ecosystem.

Imburse

Series A in 2021
Imburse is a cloud-based payments integration platform that connects enterprise systems to various payment rails, providers, and technologies, facilitating both collections and payouts. The platform enables seamless integration with core systems such as CRM and ERP, allowing businesses to initiate payments while benefiting from a unified reporting framework. Designed with enterprise security and compliance in mind, Imburse offers instant access to various payment methods including card collections, debit orders, and e-wallets, ensuring operational insulation from the complexities of the payments landscape. This enterprise SaaS solution supports multi-tenancy deployments, enabling customers to quickly deploy any payment provider or technology without impacting their operations or finances. By streamlining payment processes, Imburse helps businesses enhance customer engagement and drive operational efficiency.

Flyreel

Series A in 2020
Flyreel, Inc. is a technology company that develops a platform to assist with property insurance underwriting. Based in Denver, Colorado, the company utilizes artificial intelligence and insurance-specific computer vision to guide users through self-service inspections and claims processes. The platform captures comprehensive data about properties, including risks, hazards, features, and materials, creating a detailed record for policyholders. By enabling insurance carriers to make data-driven underwriting and policy decisions, Flyreel aims to enhance underwriting efficiency, improve risk management, and increase customer satisfaction. Originally incorporated as MyFactals, Inc. in 2013, the company rebranded to Flyreel, Inc. in March 2018.

HOVER

Series D in 2020
HOVER Inc. is a technology company based in San Francisco, California, that specializes in home measurement applications that create interactive 3D models of properties. Founded in 2011, the company leverages computer vision and 3D mapping technology to assist homeowners, contractors, and insurance professionals. Its platform enables users to generate accurate property models quickly using just a few photos taken with a smartphone, facilitating project estimation and visualization. This technology aids exterior contractors in obtaining precise measurements, assists insurance markets in creating estimates and processing claims, and helps homeowners visualize final project outcomes. HOVER's innovative approach has made the home improvement process more transparent and engaging. The company has formed a strategic partnership with SRS Distribution Inc. to enhance its service offerings.

Imburse

Seed Round in 2020
Imburse is a cloud-based payments integration platform that connects enterprise systems to various payment rails, providers, and technologies, facilitating both collections and payouts. The platform enables seamless integration with core systems such as CRM and ERP, allowing businesses to initiate payments while benefiting from a unified reporting framework. Designed with enterprise security and compliance in mind, Imburse offers instant access to various payment methods including card collections, debit orders, and e-wallets, ensuring operational insulation from the complexities of the payments landscape. This enterprise SaaS solution supports multi-tenancy deployments, enabling customers to quickly deploy any payment provider or technology without impacting their operations or finances. By streamlining payment processes, Imburse helps businesses enhance customer engagement and drive operational efficiency.

Betterview

Convertible Note in 2020
Betterview is a property intelligence platform tailored for property and casualty insurers, focusing on the analysis, scoring, management, and monitoring of property risk. By utilizing geospatial data and proprietary machine learning technology, Betterview transforms complex data into clear and actionable insights. This enables insurers to identify and mitigate risks effectively, enhancing operational efficiency and transparency throughout the policy lifecycle. The platform streamlines processes such as pricing, underwriting, and renewals, allowing insurers to make informed decisions and concentrate their efforts on high-risk properties, ultimately improving the overall customer experience.

Cyence

Acquisition in 2017
Cyence Inc. is a company based in San Mateo, California, that specializes in economic modeling of cyber risk for the global insurance industry. Founded in 2014, Cyence has developed an innovative analytics platform that quantifies the financial impact of cyber risk in both probabilities and monetary terms. This platform assists insurance professionals in various aspects of risk management, including prospecting, selecting, assessing, and pricing risks, as well as managing risk portfolios and exposures. By leveraging data collection, machine learning, and advanced economic modeling techniques, Cyence enables insurers to introduce new insurance products to the market while effectively managing cyber risk. As of 2017, Cyence operates as a subsidiary of Guidewire Software, Inc.

ISCS

Acquisition in 2016
ISCS, Inc. specializes in the design and development of web-based software solutions for the property and casualty insurance market. Their flagship product, the SurePower Innovation Policy Administration suite, provides comprehensive services including policy administration, claims management, billing, underwriting, reinsurance, and accounting. Founded in 1994 and headquartered in San Jose, California, ISCS serves as a vital resource for insurance companies aiming to enhance their operational efficiency and drive business success. As of February 2017, ISCS operates as a subsidiary of Guidewire Software, Inc.

FirstBest

Acquisition in 2016
FirstBest Systems, Inc. specializes in software solutions tailored for property and casualty insurers. The company offers a range of products including underwriting workstations, agent portals, and new business systems. Notable offerings include FirstBest UMS, which integrates underwriting and business analyst tools with a Web 2.0 agent portal, and FirstBest Agent, a point-of-sale portal designed for new business and renewals that facilitates collaboration through shared documents and notifications. Additionally, FirstBest provides the Front Office Suite, which enhances collaboration among agents, brokers, and underwriters through predictive analytics and knowledge management tools. Founded in 2006 and based in Bedford, Massachusetts, FirstBest Systems has become part of Guidewire Software, further expanding its capabilities in the insurance technology sector.

EagleEye Analytics

Acquisition in 2016
EagleEye Analytics, Inc. specializes in predictive analytics software and consulting services tailored for the property and casualty insurance sector in the United States, Canada, and other international markets. The company offers Talon Analysis Studio, a software-as-a-service platform for model building and data analysis, alongside Talon Management Studio, which assists non-technical staff in understanding and managing analytical results. Additionally, EagleEye provides real-time scoring services that deliver actionable insights for decision-making, as well as solutions for pricing, underwriting, claims analytics, and marketing distribution. With a client base that includes several leading insurance carriers, EagleEye Analytics serves a range of businesses, from large firms to middle-market clients. Founded in 2007 and based in Columbia, South Carolina, the company has established partnerships with industry players such as Milliman and Guy Carpenter.

Millbrook

Acquisition in 2013
Millbrook’s innovative approach to safe data integration, using enterprise insurance data models helps minimize business disruption and reduce risk during new data migration deployments such as new policy or claims system implementations. From this end-to-end, highly effective approach, Millbrook clients receive qualitative and quantitative benefits, which often have a significant and positive impact on bottom-line results.
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