GWRE GUIDEWIRE SOFTWARE INC.

Expedite the Total Loss Process with IAA’s New Guidewire Marketplace Apps

Guidewire (NYSE: GWRE) and IAA, an RB Global, Inc. company (NYSE: RBA) (TSX: RBA), announced that IAA’s new Ready for Guidewire validated are now available to Guidewire ClaimCenter users in the .

IAA is a leading global marketplace for total loss, damaged, and low-value vehicles, with solutions focused on maximizing the vehicles’ values and shortening the selling cycle overall. Now, IAA Loan Payoff® and salvage inventory processing can be integrated with ClaimCenter to help reduce claim cycle times and costs.

With the IAA Loan Payoff Accelerator, insurers can create a new IAA Loan Payoff request, exchange documents and notes with lenders, and accept letters of guarantee within ClaimCenter. The IAA Salvage Accelerator enables insurers to assign and release a vehicle to salvage, manage documents, obtain visibility into a sale, and view vehicle images. Both accelerators allow users to easily access status updates, make updates to information, and cancel an assignment or request all within ClaimCenter.

“The total loss process can be a tedious and frustrating process for everybody involved, so we set out to find a better way,” said Matt Ackley, Chief Digital Officer, RB Global. “Our solutions, marketplace, and, now, Guidewire apps, help insurers optimize many aspects of the process to make it as efficient and painless as possible.”

“We congratulate IAA on the release of its new ClaimCenter apps,” said Will Murphy, Vice President, Global Solution Alliances, Guidewire. “Both of IAA’s apps will help our shared customers quickly manage the total loss process end-to-end without ever having to leave ClaimCenter, increasing efficiency and allowing insurers to focus on the claimant.”

About IAA

IAA Holdings, LLC (IAA), an RB Global, Inc. company (NYSE: RBA) (TSX: RBA), is a trusted global marketplace for insights, services, and transaction solutions for commercial assets and vehicles. Leveraging leading-edge technology and focusing on innovation, IAA’s unique platform facilitates the marketing and sale of total-loss, damaged and low-value vehicles. IAA serves a global buyer base – located throughout over 170 countries – and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organizations. Buyers have access to multiple digital bidding and buying channels, innovative vehicle merchandising, and efficient evaluation services, enhancing the overall purchasing experience. IAA offers sellers a comprehensive suite of services aimed at maximizing vehicle value, reducing administrative costs, shortening selling cycle time and delivering the highest economic returns. RB Global has over 7,000 employees and is headquartered near Chicago in Westchester, Illinois. For more information on IAA visit and for more information about RB Global visit rbglobal.com.

About Guidewire PartnerConnect ecosystem and Ready for Guidewire

Guidewire’s solution ecosystem is the largest in the P&C industry, with over 180+ solution partners providing over 195+ integrations in the Guidewire Marketplace. 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 the .

For more information about Guidewire PartnerConnect, please visit .

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and machine learning to deliver our platform as a cloud service. More than 500 insurers in 38 countries, 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 and follow us on and .

NOTE: For information about Guidewire’s trademarks, visit .

EN
23/08/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on GUIDEWIRE SOFTWARE INC.

Guidewire Software Inc: 2 directors

Two Directors at Guidewire Software Inc sold 4,400 shares at between 223.280USD and 225.040USD. The significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors o...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Lockout Rally Continues As discussed for the past two weeks, we are seeing more and more signs that lead us to believe the S&P 500 (SPX) made a major bottom at 4800-4820, which is where we initially discussed in our 4/8/25 Compass to look for a local bottom to develop. We have been short-term bullish since our 4/22/25 Compass -- when the SPX was testing 5100-5120 support -- but now we are upgrading our intermediate-term outlook to bullish as well. We titled last week's 5/6/25 Compass "Lockout R...

 PRESS RELEASE

If Implements Guidewire InsuranceSuite to Transform Core Systems

COPENHAGEN, Denmark--(BUSINESS WIRE)-- (NYSE: GWRE) today announced that (If), the leading property and casualty insurer in the Nordic region, has successfully made a first business release in on . The newly created platform will enhance the If partner-related automotive business, by providing a future-proof system allowing the business to adapt to changing market demands. As If progresses with the implementation, the solution will provide great value to If, If’s partners and almost one million car owners in the Swedish market. GWCP combines resilient, trusted infrastructure with modular ...

 PRESS RELEASE

Frankenmuth Insurance Selects Guidewire Cloud to Modernize Technology ...

FRANKENMUTH, Mich. & SAN MATEO, Calif.--(BUSINESS WIRE)-- Frankenmuth Insurance (Frankenmuth), a super-regional property and casualty (P&C) insurer, and (NYSE: GWRE) announced that Frankenmuth selected on to power its core systems and simplify its IT operations. A Guidewire customer since 2014, the company will migrate InsuranceSuite from an on-premises environment to Guidewire Cloud simultaneously for all of its lines of business and states where it operates. Consulting Global Strategic member has been selected to lead the migration project. “We decided to migrate our current InsuranceS...

 PRESS RELEASE

Montana State Fund Selects Guidewire Cloud to Modernize Technology Inf...

HELENA, Mont. & SAN MATEO, Calif.--(BUSINESS WIRE)-- , Montana’s largest and only non-profit workers’ compensation insurance company, and (NYSE: GWRE) announced that Montana State Fund selected on to power its core business, simplify its IT operations, adapt quickly to changing market conditions, and deliver more value to its policyholders, injured workers, and agency partners. A Guidewire customer since 2006, the company will migrate InsuranceSuite from an on-premises environment onto Guidewire Cloud, beginning with . “We selected Guidewire Cloud based on our 18 years of success with usi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch