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Guidewire Adds Insurtech Betterview as a PartnerConnect Solution Partner to Help Insurers Access Building and Property Data

Guidewire Adds Insurtech Betterview as a PartnerConnect Solution Partner to Help Insurers Access Building and Property Data

Betterview’s Guidewire PolicyCenter™ integration enables P&C underwriters to easily access Betterview’s property data and mitigate risk directly in PolicyCenter
FOSTER CITY and SAN FRANCISCO Calif., October 12, 2018

Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced that Betterview, an insurtech startup, has joined Guidewire PartnerConnect™ as a Solution partner. In addition, Betterview has successfully completed the Ready for Guidewire validation process for its Guidewire PolicyCenter™ integration that is now available to customers on the Guidewire Marketplace.

The Betterview integration accelerator for Guidewire PolicyCenter enables underwriters to easily request and access property data and inspections from within PolicyCenter. Betterview’s Property Profile is designed to provide insights into buildings and properties that were previously unavailable from remote locations.

“According to conversations we’ve had with insurance carriers, approximately 30% to 40% of all property losses are roof-related,” said David Lyman, Co-Founder & CEO, Betterview. “With Betterview’s integration accelerator, we now provide our mutual customers with two options to gain more insights into buildings and properties. First, users can order a Property Profile report, which uses pre-captured aerial and satellite imagery, along with other data sources like historical weather, permit data, etc., to quickly obtain the characteristics and risks of a property and its roof. Second, if a location looks to be high risk, users may place an order for a drone inspection to get high resolution imagery, along with a detailed report that identifies any issues of the building and property,” explained Lyman.

GuideOne Insurance, a leading national insurer of churches, is a launch partner for the Betterview Accelerator for Guidewire. GuideOne provides coverage, guidance and peace of mind to more than 50,000 commercial policyholders.

“Betterview’s property data is helping our underwriters to identify roofs that are at risk of failing in the near future. This information allows us to work with our customers to get ahead of any problems before they can turn into a claim,” explained Phil Cole, SVP and Chief Underwriting Officer, GuideOne Insurance.

“Having the ability to access Betterview’s data through Guidewire PolicyCenter makes it even easier for us to use Betterview without an additional IT investment,” said Michelle Glasl, SVP and Chief Information Officer, GuideOne Insurance.

“We are committed to helping P&C insurers tap into innovation from insurtech startups through our Marketplace,” said Neil Betteridge, vice president, Strategy, Guidewire Software. “We welcome Betterview, and look forward to helping our mutual clients stay competitive by providing their underwriters with up-to-date and actionable roof data.”

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. ​We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC.

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