Press Release

Kube Joins Guidewire PartnerConnect Alliance Program

Kube Joins Guidewire PartnerConnect Alliance Program

MONZA, Italy, and LONDON, UK, October 30, 2019

Kube Partners (Kube), an international consultancy and software application company with a focus on the insurance and banking industries, and Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform general insurers rely upon, today announced that Kube has joined Guidewire PartnerConnect™ as a Solution partner.

Kube offers insurance companies advanced fraud management solutions. Its proprietary platform, Detector, is a web-based application for the detection and end-to-end management of insurance fraud. Developed together with expert claim handlers, Detector has the ability to single out more fraudulent claims and suspicious behaviours than other traditional investigation processes. Detector works by looking for hidden connections, indications of professional fraudsters at play, and minimising "false positives"; thereby helping to increase the efficiency of the company’s anti-fraud activities. As a PartnerConnect Solution partner, Kube plans to employ the Guidewire DevConnect™ developer platform to produce an add-on for Guidewire ClaimCenter™.

"Insurance fraud is not merely an unfair hit on the company financial bottom line, but a cost that impacts society at large. We all pay for the losses caused by fraudsters," said Kubes Managing Director and co-founder Andrea Guerra. "Fighting fraud is not only good business practice but a moral imperative; in Kube, we are proud to give our best to the greater good."  

"We welcome Kube to our Guidewire PartnerConnect Solution community," said Becky Mattick, Senior Director, Solution Alliances, Guidewire Software. "Fraud has always been a matter of serious concern in the industry given the huge costs involved. Integration between Detector and ClaimCenter will support those responsible for investigating and handling suspicious claims by providing them with the necessary anti-fraud tools in their daily activities, as well as integration of anti-fraud procedures in the settlement process."

About Kube Partners

Kube Partners Italy is an international consultancy and software application company with a focus on the insurance and banking industries, offering fraud solutions, business intelligence services, and operational support. A huge success in the sophisticated Italian market, the Detector platform is active in 13 companies, of which 5 are in the top 15. In 2018, Detector investigated 5 million claims, scoring 200,000 claims a day. Kube is growing internationally, opening branches in different countries.  

Forrester Research included Kube in "The Forrester Tech Tide: Digital Claims Management, Q4 2019."

For more information, please visit: www.kubepartners.com

About Guidewire Software

Guidewire delivers the industry platform that Property and Casualty (P&C) insurers rely upon to adapt and succeed in a time of accelerating change. We provide the software, services, and partner ecosystem to enable our customers to run, differentiate, and grow their business. We are privileged to serve more than 380 companies in 34 countries. For more information, please visit www.guidewire.com. Follow us on Twitter: @Guidewire_PandC.