Guidewire Software Announces Symbility as New Guidewire PartnerConnect Solution Partner

Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, today announced that Symbility Solutions (TSX.V: SY), a global software company focused on modernising the insurance industry, has joined the Guidewire PartnerConnect™ program as a Solution partner.

Symbility Claims Connect®, a robust workflow management solution enabling end-to-end collaboration across participants in the property claims process, is the first property claim and estimating solution to have a Ready for Guidewire accelerator. With this accelerator, insurers looking to integrate Guidewire ClaimCenter® with Symbility Claims Connect® can do so in less time and at a reduced cost. The accelerator gives Guidewire customers the ability to push claims, either automatically or manually, from ClaimCenter to Claims Connect, and receive updates in ClaimCenter, reducing adjuster workload.

“Our new partnership is designed to jumpstart the integration process between Guidewire ClaimCenter and Symbility Claims Connect. The P&C industry has been asking for this for some time and our joint customers in Europe and North America will stand to benefit,” said James Swayze, CEO of Symbility Solutions. “By significantly improving the implementation time, carriers can now gain more operational efficiencies by enabling a true end-to-end insurance claims process, faster than before.”

Symbility’s Ready for Guidewire accelerator supports insurers by enabling faster integration to Claims Connect for:

• Seamless interaction between ClaimCenter and Claims Connect for assignments, real-time notifications of important events, and estimates;

• A consistent property claims process with all claim participants and work consolidated in a single claim file;

• Faster, more accurate claims settlements along with improved customer experience;and

• Access to insight into field and vendor operations.

Symbility’s Claims Connect integration accelerator has successfully completed the Ready for Guidewire accelerator validation process and is eligible to use the Ready for Guidewire validation mark. This designates that the offering has been through a rigorous review process that supports readiness for integration with Guidewire InsuranceSuite™ products.

“We are excited to welcome Symbility as a Guidewire PartnerConnect Solution partner,” said Neil Betteridge, vice president, Strategy, Guidewire Software. “With this partnership and new accelerator, now available on Guidewire Marketplace, Symbility will help us improve the property claims process for our joint insurer clients, and their customers.”