Guidewire Software Inc. News

Guidewire Completes Cyence Acquisition; Names Sherry, Maier to Top Posts as Roza Departs

Property/casualty insurance software provider Guidewire Software announced a transition in its sales and operations leadership, and the closure of its previously announced acquisition of Cyence. Guidewire announced that Scott Roza, chief business officer, is stepping down from that position in …

P/C Insurer Software Provider Guidewire to Acquire Data Science Firm Cyence

Guidewire Software Inc., a provider of core operations software to property/casualty insurers, has agreed to acquire Cyence, a data science and risk analytics software company. Guidewire will pay approximately $275 million in cash and stock. Cyence applies data science and …

Guidewire to Acquire Insurance Cloud Software Firm ISCS for $160 Million

Guidewire Software, which serves property/casualty insurers, has agreed to acquire another insurance software firm, San Jose, California-based ISCS, for $160 million in cash. The deal gives Guidewire entry into the small carrier market and additional expertise in cloud-based products. The …

Guidewire to Acquire Massachusetts Software Firm FirstBest

Guidewire Software Inc., a property and casualty insurance software provider headquartered in Calif., has entered into an agreement to acquire FirstBest Systems Inc., a Bedford, Mass. based provider of underwriting management systems for property and casualty insurers. FirstBest’s product lines …

Accenture, Guidewire Settle Patent Suits

Accenture and Guidewire Software Inc. have agreed to resolve all outstanding patent litigation between the companies concerning their respective insurance claims management software. San Mateo, Calif.-based Guidewire has agreed to pay an undisclosed sum to New York, N.Y.-based Accenture, with …