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GUIDEWIRE SOFTWARE, INC.

(GWRE)
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Guidewire Software : Bdeo Joins Guidewire PartnerConnect Solution Alliance Ecosystem to Streamline the Auto Claims Process for Insurers

11/17/2021 | 02:57am EST

Guidewire (NYSE: GWRE) and Bdeo Technologies S.L. (Bdeo) announced that Bdeo has joined Guidewire PartnerConnect as a Solution partner.

Bdeo's solution, Bdeo Visual Intelligence for Claims, uses artificial intelligence and policyholder-submitted photos of vehicle damage to assess the severity and repair costs associated with an auto claim. Bdeo's Ready for Guidewire integration will enable Guidewire ClaimCenter users to integrate to Bdeo Visual Intelligence for Claims. Further Bdeo modules will be introduced to address vehicle underwriting and home damage claims.

"Like Guidewire, we aim to provide top-quality technology to insurers that improves and accelerates their processes, while ensuring policyholder satisfaction," said Julio Pernía, CEO, Bdeo. "We are delighted to soon bring our shared customers seamless access to our solution as a Guidewire partner, helping them make quick, informed decisions about auto claims at First Notice of Loss."

"We are thrilled to welcome Bdeo as our latest Guidewire PartnerConnect Solution partner," said Becky Mattick, vice president, Global Solution Alliances, Guidewire. "Our partnership with Bdeo will help transform key auto claims processes for our shared customers, leading to reduced operating costs and shorter cycle time."

About Bdeo

Bdeo is an Artificial Intelligence company based in Spain, Mexico, France, UK and Germany working for customers in 20 countries.

The company's mission is to disrupt the motor & home insurance industry with a comprehensive Visual Intelligence solution that evolves the way customers connect with insurance companies. Bdeo provides top-notch technology that speeds up the underwriting and claim resolution traditional flow by digitizing and automating the process with advanced Visual Intelligence.

With a comprehensive value proposition for the whole customer journey, Bdeo transforms the underwriting and claims experience minimizing friction, increasing satisfaction and reducing operating costs for insurance companies causing a major impact in unit economics.

For more information about Bdeo, please visit https://bdeo.io

About Guidewire PartnerConnect ecosystem and Ready for Guidewire

Guidewire PartnerConnect Solution partners provide software, technology, and data solutions as well as insurance support services. Our Solution partners help drive business value and innovation for insurers by developing and delivering integrations, extensions, apps, and other
complementary solutions for Guidewire products. All of our Ready for Guidewire partner solutions are validated for security, quality, and compatibility with Guidewire, and can be found on theGuidewire Marketplace.

For more information about Guidewire PartnerConnect, please visithttp://www.guidewire.com/partners.

About Guidewire

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 450 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.

Disclaimer

Guidewire Software Inc. published this content on 17 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2021 07:56:01 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2022 787 M - -
Net income 2022 -161 M - -
Net Debt 2022 - - -
P/E ratio 2022 -50,2x
Yield 2022 -
Capitalization 8 303 M 8 303 M -
Capi. / Sales 2022 10,6x
Capi. / Sales 2023 9,52x
Nbr of Employees 3 031
Free-Float 99,9%
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 99,67 $
Average target price 130,67 $
Spread / Average Target 31,1%
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Managers and Directors
Mike Rosenbaum Chief Executive Officer & Director
Priscilla Hung President & Chief Operating Officer
John Mullen President & Chief Revenue Officer
Jeff Cooper Chief Financial Officer & Vice President-Finance
Marcus S. Ryu Chairman
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